Prime Property Auctions is excited to present this exceptional commercial development opportunity within a prime location in Galashiels
This expansive site could lend itself for a variety of uses such as commercial to residential conversion, subject to gaining necessary permissions - RARE OPPORTUNITY
Sure to appeal to shrewd developers looking for development opportunity in a prime location, subject to gaining necessary planning permissions
Property is being offered at discount to ensure auction sale.
This prime development opportunity previously had Planning in Principle for 25 residential units (Planning Ref:17/00935/LBC).
This unique lot includes woodland and river frontage, enhancing its allure for a visionary developer. The prospect of converting this historic Bristol Mill presents a perfect investment opportunity, poised for substantial capital growth. Galashiels' strategic location provides convenient travel access to various surrounding Borders towns, making it an ideal location for a thriving residential development (subject to gaining necessary permissions).
Location
Galashiels, situated in the Scottish Borders, boasts a rich heritage rooted in the textile industry, particularly known for its wool and tweed production. The town's historical significance is evident in its cultural fabric. With a focus on diversification, Galashiels serves as a vital transportation hub, well-connected by road and rail, notably through the Waverley Railway Line linking it to Edinburgh and beyond. Home to Heriot-Watt University's School of Textiles and Design, the town emphasises education. While traditional industries persist.
Accommodation
Unique property sits on approximately 1.5 acres
Terms
Guide Price - £130,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.