Vacant Commercial Property LOT 268

 Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
GUIDE PRICE

Deadline for Offers

03 February 2022, 3pm

Bidding Closes in

Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address:  Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX

UNIQUE LOT Former Bristol Mill with approximately 1.5 acres including woodland & river frontage. Fantastic opportunity to convert into luxury apartments or student flats ***DEVELOPMENT OPPORTUNITY***

**Ideal Development Opportunity with Planning in Principle for 25 residential units. EXCELLENT CAPITAL GROWTH POTENTIAL***

Planning applications seek consent to convert the buildings to 25 residential units and associated parking. Scottish Borders Council - Planning Ref: 17/00935/LBC.

Fantastic opportunity for a developer to reinvigorate the former Bristol Mill and allow for large capital growth. Galashiels is well placed for travel to many of the surrounding Borders towns.

PERFECT INVESTMENT PROPERTY in popular Galashiels town, approx. 35 miles from Edinburgh.

UNIQUE LOT, Former Bristol Mill with approximately 1.5 acres including woodland and river frontage is a fantastic opportunity to convert into luxury apartments or student flats. The applications seek consent to convert the buildings to 25 residential units and associated parking. Scottish Boarders Council - Planning Ref: 17/00935/LBC. **Ideal Development Opportunity with EXCELLENT CAPITAL GROWTH POTENTIAL. *** This is a great opportunity for a developer to reinvigorate the former Bristol Mill and allow for large capital growth. Galashiels is well situated to take advantage of excellent road links to both Newcastle and Edinburgh. For access to Edinburgh follow the A7 for approximately 28 miles. Galashiels is a popular market town with a population in the region of 14,000 and approximately 50,000 people within a 30 minute drive.

Galashiels offers a wide and varied range of recreational amenities, bars, shops, restaurants and sporting activities for example, and is well placed for travel to many of the surrounding Borders towns whilst the relatively easy access to Edinburgh is leading to it becoming increasingly sought after by the commuter. The A1 and A7 given access to Edinburgh within approximately 1 hour, with Glasgow 1 1/2 hours on the M74. New Train Line has dramatically changed way of Living for the area making it easier to commute to Edinburgh which only takes 50 minutes.

Show More

Document Downloads

LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Guide Price: £250,000


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 prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 03 February 2022, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

Similar Properties


Lot 250
£50,000 GUIDE PRICE
  • LARGE RETAIL UNIT IN OUTSTANDING LOCATION** recently refurbished newsagent with Alcohol S...
Lot 340
£495,000 GUIDE PRICE
  • **100% PRIME INVESTMENT PROPERTY** Settled, Nationally established tenant - Argos Ltd on ...
Lot 133
£65,000 GUIDE PRICE
  • **SUPERB TURN KEY INVESTMENT OPPORTUNITY** Portfolio of 2 flats in the popular borders t...