The subjects comprise an irregular shaped area of land. At the date of our inspection, the site was in a partly developed condition, and extends to circa 0.83 hectares (2.05 acres).
The site is bounded to the north by a hedge and then the A72 road, by existing residential houses to the east, and to the south and west by the Macdonald Cardrona Hotel grounds and car park.
At the time of inspection units 1, 2, 3, 19, and 20 were at a relatively advanced stage of construction, with the structure completed, and doors and windows fitted. Roof coverings were also in place on units 1, 3, 19, and 20.
Other units are at various stages of completion.
The foundations for units 4, 5, 6, 7, 13, and 14 appeared to be complete, with the ground floor slabs having been poured.
Location
Cardrona is a small modern village located approximately half way between Innerleithen and Peebles, within the Scottish Borders. It is in close proximity to the A72 trunk road, as well as nearby leisure facilities at the Macdonald Cardrona Hotel and Glentress mountain biking trails. It lies circa 3 miles to the east of Peebles, which is the nearest large town.
Peebles is a popular county town within the Scottish Borders and is set on the River Tweed,some 23 miles south of Edinburgh. The town is increasing of residential or dormitory style complexion and provides a full range of typical local and convenience services plus appropriate social, administrative and educational facilities for a town of its size.
Accommodation
Size - circa 0.83 hectares (2.05 acres).
Terms
INFORMATION PACK: We have a developers information pack available that contains the following,
- Site layout plans
- Floor plans / elevations
- Title information
- Planning documents
SALE TERMS - Offers over £1.65m are invited. As this is an insolvency sale, a marketing period is required and will likely be followed by a formal closing date for offers.
LEGAL COSTS - Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT - All prices quoted are exclusive of VAT which may be chargeable.
Specification
- Part built residential development in Cardrona, Peebles
- Number of units well progressed
- Planning consent for development of 20 houses
- Offers over £1.65m invited