BID NOW AVAILABLE - You can submit an offer now on this lot for the seller to consider...

Lot 22

Guide Price: £137,500 - Bid Now

4 Bath Place, Moffat, DG10 9HJ


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Key Features:

Category C Listed FULL BUILDING FORMER EDINBURGH WOOLLEN MILL 3,358 sq ft over 5 floors - with Retail / Restaurant + Residential potential on uppers (sub consents), RENTAL POTENTIAL £25,000+ p.a on ground floor PLUS potential for LARGE Flat (s) on upper floors ***NO RATES PAYABLE WHILST VACANT IN-DEFINETELY as listed. ***Glasgow and Edinburgh less than 60 miles.***SUPER CAR PARKING OUTSIDE***


  • WAS SOLD FOR £350,000 (Feb 2007) when let to Edinburgh Woollen Mill - Super price and location AMONGST BOUTIQUE TRADERS in MOFFAT IDILLIC popular town only 60 miles to Edinburgh and 58 miles to Glasgow. Excellent links connecting Edinburgh, Galashiels and Hawick. Ground Floor - 1200 sq feet. Mezzanine Floor - 735 sq ft. + Basement Floor. Additional 1st and 2nd floors (could be converted to flats sub consents).
  • Bath Place forms part of the High Street, which is the main retail destination within the town. The premises are situated in a prominent location on the east side of Bath Place, and nearby occupiers include The Rumblin Tum, Post Office, Balmoral Hotel, Moffat Weavers Tweed Shop, Edinburgh Woollen Mill, Bank of Scotland and Barnardo’s. Benefit from on-street car parking outside the unit.
  • The former EDINBURGH WOOLEN MILL (James Pringle Weavers) retail unit was originally set out with storage in the basement, retail at ground and mezzanine levels, incorporating a staff office, a canteen and staff toilets at first floor and a vacant top floor. Separate entrance to the top floor offers the opportunity to convert this area to a flat.
  • Ideal investment opportunity for retail + flat or let as 1 building for over £30,000 p.a as RETAIL / Restaurant (subject consents). PLANNING - The premises currently benefit from CLASS 1 (retail consent) and have potential for Class 2 (Office) or Class 3 (Restaurant) use, subject to receiving the necessary Local Authority consents.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

Search SAA Records

- Click the above link to automatically search the latest records for this post code. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.


Further Details:

***IDEAL INVESTMENT / DEVELOPMENT BUILDING.*** Category C Listed FULL BUILDING FORMER EDINBURGH WOOLLEN MILL 3,358 sq ft over 5 floors - with Retail / Restaurant + Residential potential on uppers (sub consents), RENTAL POTENTIAL £25,000+ p.a on ground floor PLUS potential for LARGE Flat (s) on upper floors ***NO RATES PAYABLE WHILST VACANT IN-DEFINETELY as listed. ***Glasgow and Edinburgh less than 60 miles.***SUPER CAR PARKING OUTSIDE*** WAS SOLD FOR £350,000 (Feb 2007) when let to Edinburgh Woollen Mill - Super price and location in MOFFAT IDILLIC popular town only 60 miles to Edinburgh and 58 miles to Glasgow. Excellent links connecting Edinburgh, Galashiels and Hawick. Ground Floor - 1200 sq feet. Mezzanine Floor - 735 sq ft. + Basement Floor. Additional 1st and 2nd floors (could be converted to flats sub consents). Bath Place forms part of the High Street, which is the main retail destination within the town. The premises are situated in a prominent location on the east side of Bath Place, and nearby occupiers include The Rumblin Tum, Post Office, Balmoral Hotel, Moffat Weavers Tweed Shop, Edinburgh Woollen Mill, Bank of Scotland and Barnardo’s. Benefit from on-street car parking outside the unit. Ideal investment opportunity for retail + flat or let as 1 building for over £30,000 p.a as RETAIL / Restaurant (subject consents). PLANNING - The premises currently benefit from CLASS 1 (retail consent) and have potential for Class 2 (Office) or Class 3 (Restaurant) use, subject to receiving the necessary Local Authority consents.

Guide Price: £137,500 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


The subjects occupy a prominent location on the East side of Bath Street, also known as High Street, with ample on-street car parking. Moffat is one of the popular Borders town very beautiful and idillic and is swollen by large numbers of tourists each year. Moffat is a former Spa town which moved away from its wool market history into the more lucrative Hydropathics. There are some very impressive town centre buildings built to accommodate the visitors who came to recuperate back in the Victorian era. Moffat is roughly equidistant from Edinburgh and Glasgow which lie to the East and North respectively whilst Carlisle, to the South, at approximately 55 miles. Moffat is just 3 mins drive from the A74 (M). Neighbouring occupiers are a mix of commercial, residential, hotels and cafes and the unit is directly opposite the Town Hall and the grand Moffat House Hotel.

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    22 October 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form