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Development Opportunity For Sale, Howgate Restaurant, Penicuik, Midlothian, Penicuik, EH26 8PY

1.35 acres / Land

For Sale - £395,000.00

Available - Last updated: 29 March 2023

The site presents a unique opportunity to convert, extend and create a variety of new dwelling houses, extending to approximately 1.325 acres. The development comprises the potential to convert a former restaurant into two new dwellings with a further 5 new builds within the grounds. All of the houses will benefit from private gardens and private off-street parking.
( Agency Pilot Software ref: 48499 )

Location

The subjects are situated approximately 2.4 miles south east of Penicuik on the A6094 within the Midlothian district. Penicuik is located approximately 4 miles South of Edinburgh and approximately 10 miles South of Edinburgh City Centre. Penicuik has a population of some 17,000 persons comprising the largest settlement within Midlothian and acting as a commuter town to the city of Edinburgh

Accommodation

PLANNING In March 2018 the development was granted planning permission to create 7 Dwelling Houses subject to a Section 75 agreement. Planning reference number 18/00148/DPP. A full information pack can be made available to seriously interested parties once a formal note of interest is received.

Site extends to approximately 1.325 Acres

Terms

LEGAL COSTS/VAT Each party has to bear their own legal costs. The purchaser will be liable for the land and buildings transaction tax and registration dues incurred in this transaction.

Specification

• Commuting Location
• Planning Permission for 7 Dwelling Houses
• Site extends to approximately 1.325 Acres
• Offers Over £395,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £395,000.00 NA

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Contact agents

Ross Wilson

Graham + Sibbald

0131 610 0771



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