BIDDING OPENS in...

Description

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

***1.6 acres (0.65 hectares) with existing planning consent of three chalets for tourist accommodation, erection of guest house with integrated owners' accommodation and formation of vehicle access***

***Prominently positioned with frontage onto St Patrick's Road. Semi rural location with easy village access. Prime position with attractive open views***

***Vehicular and pedestrian access to the site is readily available via St Patrick's Road, making this an ideal location for the development***

***Fantastic high yield investment opportunity. Opportunity to create an incredible high yielding lifestyle business, ideally positioned between urban and rural living***

***Planning was granted on 30th June 2023. Planning reference: P/22/1446. Plans are available on South Lanarkshire Council planning portal***

***1.6 acres (0.65 hectares) with existing planning consent of three chalets for tourist accommodation, erection of guest house with integrated owners' accommodation and formation of vehicle access*** ***Prominently positioned with frontage onto St Patrick's Road. Semi rural location with easy village access. Prime position with attractive open views*** ***Vehicular and pedestrian access to the site is readily available via St Patrick's Road, making this an ideal location for the development*** ***Fantastic high yield investment opportunity. Opportunity to create an incredible high yielding lifestyle business, ideally positioned between urban and rural living*** ***Planning was granted on 30th June 2023. Planning reference: P/22/1446. Plans are available on South Lanarkshire Council planning portal***

Maps & Location

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Lanark is a busy market town located approximately 20 miles south east of Glasgow and 30 miles south west of Edinburgh. The town has a resident population of c.10,000 with a further catchment of 55,000 persons. Quiet location with beautiful open views, with local amenities, including golf club, medical practice and modern primary school, in the nearby village. An area which provides wonderful countryside living with the benefit of easy commuting, with the M74 only a few minutes drive, the larger market town of Lanark is approximately 8 miles away. The Royal Burgh is steeped in history and has all the required facilities and amenities, including Tesco, Morrisons and Lidl, a wide range of local shops, retail park, health centre, modern grammar school, modern primary schools, historic 18 hole golf course and Lanark Loch. this area also provides good access to the Scottish Borders and the Clyde valley, providing excellent walks for the outdoor enthusiast including Tinto Hill and the Falls of Clyde at New Lanark, a world heritage site.

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Pricing Information & Bidding

Opening Bid: £87,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

    * If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

General Terms & Conditions of Sale
Lot Specific Terms - Development Site with planning at St Patricks Road, Lanark






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