The subjects comprise a site extending to approximately 0.79 acres (0.32 hectares), accommodating two detached, two-storey former accommodation blocks of block and brick construction, finished with roughcast and timber cladding. The properties are surmounted by pitched and tiled roofs.
Internally, the property is configured to provide 7 one-bedroom flats, 4 two-bedroom flats, and 3 studio flats. Additionally, the site includes a 3-bedroom groundskeeper’s cottage, office and a detached laundry/store.
Location
Maxmill Park is located on the outskirts of Kelso, approximately 1 mile from the town centre, just off the A698, which connects Kelso to Jedburgh. The town serves as a key hub for the surrounding rural area, offering a range of amenities, shops and services.
Kelso has a reputation as a destination for outdoor pursuits including walking, cycling, fishing and sports on the nearby estates. Subject to securing the necessary consents, Maxmill Park presents an opportunity for conversion to holiday accommodation.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a Gross Internal basis as follows:
Building 1 - Studio/ 1-bedroom flats - 222.86 sq m (2,399 sq ft)
Building 2 - 1/2 Bedroom Flats - 383.83 sq m (4,123 sq ft)
Building 3 - Laundry/Store - 44.25 sq m (476 sq ft)
Grounds keepers cottage - 3-bedroom bungalow - 99.57 sq m (1,072 sq ft)
Total - 750.51 sq m (8,078 sq ft)
Terms
SALE TERMS: Offers in excess of £495,000 (exclusive of VAT) are sought for the benefit of our client’s heritable interest in the subjects.
ENERGY PERFORMANCE CERTIFICATES (EPCS): A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
NON DOMESTIC/ DOMESTIC RATES: According to the Scottish Assessors’ Association website, the office within the subjects has a Rateable Value of £1,550. The flatted accommodation is allocated Council Tax Band A, while the groundskeeper’s cottage is allocated Council Tax Band C.
OFFERS: Offers should be submitted in Scottish Legal Form to:
Chief Legal Officer, Scottish Borders Council, Council Headquarters Newtown St Boswells, Melrose, TD6 0SA
All offers should include:-
- The identity of the purchaser
- All bids should include a guaranteed minimum price
- Clear details of any conditions attached to the offer
- Indicative plans with proposed uses and a statement on design and finishes proposed
- Proposed timescale for conclusion of missives, completion and payment
- Proposed timescales for completion of development.
ASSESSMENT OF BIDS: In evaluating bids, the Council will require to comply with Section 74 of the Local Government(s) Act 1973. While the Council is not bound to accept the highest bid, it may be that the Council will require to exercise its powers under the Disposal of Land by Local Authorities (Scotland) Regulations 2010 to accept a lower bid. The Council reserves the right to sell privately and shall not be bound to accept the highest or indeed any offer.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in any transaction.
VAT: All prices quoted are exclusive of VAT which is not understood to be chargeable.
Specification
- Development opportunity situated in desirable borders town
- May be suitable for alternative uses subject to planning consent being obtained.
- Two residential blocks with ancillary groundskeepers cottage
- Offers Over £495,000 ( the property is not currently opted to tax)