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Description

  • Status: Available
  • Type: Land
  • Ownership: Freehold
  • Occupation: Vacant

***Development site approximately 0.28 acres (0.114 Hectares). Fantastic opportunity to build luxury apartments. previous planning application for 19 residential apartments was submitted***

**Ideal Development Opportunity with Detailed Planning Consents obtained. EXCELLENT CAPITAL GROWTH POTENTIAL. ***

***Planning granted in November 2022 for the development of 19 flats with amenity facilities and landscape improvements to car park to form 24 parking spaces Planning ref: 18/00230/FUL***

***Massive potential resale value after development with 19 x one and 2 bed apartments***

***Low guide price on premium development land***Certain to attract high interest levels in auction***

***Development site approximately 0.28 acres (0.114 Hectares). Fantastic opportunity to build luxury apartments. previous planning application for 19 residential apartments was submitted*** **Ideal Development Opportunity with Detailed Planning Consents obtained. EXCELLENT CAPITAL GROWTH POTENTIAL. *** ***Planning granted in November 2022 for the development of 19 flats with amenity facilities and landscape improvements to car park to form 24 parking spaces Planning ref: 18/00230/FUL*** ***Massive potential resale value after development with 19 x one and 2 bed apartments*** ***Low guide price on premium development land***Certain to attract high interest levels in auction*** ***The site is irregular in shape, albeit broadly of a rectangular nature, but tapering towards the north end of the site at its junction with Hall Street and Kirk Brae. The site has an extensive frontage to Roxburgh Street of approximately 55 metres with a maximum depth of 21 metres, tapering to around 14 metres close to the road junction. The site rises to the west/south-west, with the properties adjacent on Rosebank Terrace lying at a height above Roxburgh Street. The site is bound on Roxburgh Street by a brick wall*** ***The site is located on Roxburgh Street, Galashiels. Galashiels is the busiest town in the borders with a population of approximately 10,000 and is the main transit Hub for the borders, containing one of two train stations within the Borders and the localities main bus station. Galashiels lies on the main A7 trunk road and is only 40 miles south of Edinburgh. More specifically, the subjects are located on south-west side of Roxburgh Street in a mixed commercial and residential area***

Galashiels is one the principal economic and administrative centres which serves the wider Scottish Borders area and is situated on the A7 trunk route approximately 35 miles south of Scotland’s capital city Edinburgh. Galashiels provides the principal shopping, social and administrative facilities for the surrounding area and is in effect the principal population centre for the region with an estimated population of some 15,000. The town is renowned for textile making and is home to the Herriot-Watt University’s School of Textiles and Design. Galashiels and the wider Borders region has benefitted from the opening of The Borders Railway Line in September 2015 with trains running to the capital city of Edinburgh every 30 minutes throughout the day with journey times under an hour making Galashiels a popular commuting location. The site more specifically is located on Roxburgh Street in the centre of Galashiels lying closeby to the High Street.

Full Address:  Land at Burnmill, Roxburgh Street, Galashiels, TD1 1PB

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Pricing Information & Bidding

Opening Bid: £102,000

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Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)



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Auction Details

Date & Time: 03 April 2025, 10am-3pm
Type: Timed Online Auction

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