Substantial former hotel premises on King Street, Castle Douglas. Central location for tourists exploring Dumfries & Galloway & the Solway coast. Will be subject to planning consent. Freehold
Property has been cleared, with floors, walls and ceilings altered in preparation of a change of use to residential apartments. Fresh planning application will be required.
Current owner had planned for 7 apartments, varying in size from studio to 1 and 2 bedroom flats. House prices in DG7 1AA have an overall average of £242,500 over the last year. (Rightmove)
NEW ENTRY - SUPERB POTENTIAL IN TOWN CENTRE. IDEAL DEVELOPMENT INVESTMENT. POTENTIAL For Residential development (subject to researching and gaining necessary consents)
Substantial former hotel premises on King Street, Castle Douglas. Central location for tourists exploring Dumfries & Galloway & the Solway coast. Will be subject to planning consent. Freehold. Property will require refurbishment. Freehold sale instruction. Ideally positioned on King Street the main shopping street in Castle Douglas. Perfect for re-development. Internal clear out started. Property has been cleared, with floors, walls and ceilings altered in preparation of a change of use to residential apartments. Fresh planning application will be required. Current owner had planned for 7 apartments, varying in size from studio to 1 and 2 bedroom flats. House prices in DG7 1AA have an overall average of £242,500 over the last year. (Rightmove) The property is a 3-minute drive from Lock Ken and 6 minutes from Galloway Activity Centre and 13 km from Red Kite Feeding Station. The nearest airport is Glasgow Prestwick Airport which is 86 km from this hotel, and there is a local bus service nearby which connects the city to Kirkcudbright, Dumfries, Stranraer, Carlisle, Glasgow & Edinburgh. The bus stations near this hotel are Queen Elizabeth Drive, Brown Crescent, Oakwell Road, and Whitelaw Avenue which are located no more than 1.5 km away. Dumfries train station is the nearest train station to Douglas Arm Hotel, and it normally takes half an hour to reach the hotel from there. Douglas Arms Hotel is also located 3 minutes from A75, giving easy access to the town of Dumfries, and areas around Castle Douglas.
Castle Douglas is a town of around 4,200 persons approximately 18 miles south west from Dumfries in rural Dumfries and Galloway and benefits from an expanding tourist industry, tourists being attracted into the area because of the easy access to the Solway Coast and the Galloway hills. It lies west of the town of Dalbeattie (6 miles) and east of Gatehouse of Fleet (14 miles). The hotel is situated at the corner of King Street and St Andrew Street opposite the clock tower in a secondary trading location in Castle Douglas town centre.
Full Address: 25-26 Development Opportunity Former Crown Hotel, Castle Douglas, Dumfries and Galloway, DG7 1AA
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