Timed Online Auction

02 December 2021, 10am-3pm

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address:  Glenfarg Hotel, Main Street, Glenfarg, Perthshire, PH2 9NU

Prime Development Opportunity located in the sought after area of Glenfarg, Perthshire. Substantial former hotel premises with corner plot in quiet setting just off the M90. Private Parking.

Large site with residential Planning Permission for Conversion to 12 apartments. Incredible development potential in a highly sought after location. near to Perth. PLANNING : REF: 15/02093/FLL

Comprising 16 ensuite bedrooms, 2 bars, restaurant, function suite, kitchen, 4 bedroom owners accommodation, 2 offices, cellar and store rooms. Externally there are garden areas and car parking.

Lower Ground- 1 x 2 Bedroom Garden Flats Ground Floor- 3 x 2 Bed Flats and 1 x 1 Bed Flat First Floor- 3 x 2 Bed Flats Second Floor- 2 x 2 Bed Flats and 1 x 1 Bed Flat Second & Attic- 1 x 2 Bedroom

Quiet village location. Close to Perth. The picturesque and historic village of Glenfarg Glenfarg offers unrivalled country living in the Ochil Hills in the rolling countryside of Perthshire.

Substantial Commercial Premises - Unique opportunity to purchase a four storey and attic building with accommodation over 5 levels comprising 16 en-suite bedrooms, 2 bars, restaurant, function suite, kitchen, 4 bedroom owners accommodation, 2 offices, cellar and store rooms. Externally there are garden areas and private car park to the rear. Planning permission applied for the conversion of full building into 12 apartments- REF: 15/02093/FLL The development once completed will provide a range of twelve private flats arranged over three floors and lower ground level. Lower Ground- 1 x 2 Bedroom Garden Flat Ground Floor- 3 x 2 Bed Flats and 1 x 1 Bed Flat First Floor- 3 x 2 Bed Flats Second Floor- 2 x 2 Bed Flats and 1 x 1 Bed Flat Second & Attic- 1 x 2 Bedroom Duplex Flat The current property also benefits from a state of the art Solarfocus Biomass system which currently provides heat and hot water to the existing building and we are advised that this will also provide similar services to the residential apartments which are planned. Perthshire village of Glenfarg. Kinross and Bridge of Earn are near at hand offering access to local facilities such as shops, restaurants and schooling with more major facilities available in Perth just 15 minutesí drive away. Glenfarg offers easy access to the M90 with Edinburgh reachable in around 40 minutes.

The picturesque and historic village of Glenfarg lies in the Ochil Hills in the rolling countryside of Perthshire. Nestled between the town of Kinross (a 15 minute commute) and the vibrant city of Perth (a 20 minute journey). The area boasts outstanding natural beauty with the River Farg flowing through the village, which is dotted with period properties. Glenfarg has a well-stocked village shop, a garage, village hall, public park, tennis courts, bowling club, community gardens and a primary school. It enjoys easy links to the M90 motorway network at Junction 8 (travelling south) and a scenic route down the tree lined Glen leads to the M90 also Junction 8 (travelling north). Arngask Primary School is located a stone's throw from the property, whilst the catchment area includes St Ninians Episcopal School and Kinross High School. Private schooling is available at nearby Dollar Academy, one of Scotland's best public schools. The surrounding countryside offers some great scenery and is ideal for walking, fishing, and cycling (Sustrans National Route 77). It lies within easy driving distance from Gleneagles and St Andrews offering world-class golfing facilities. The nearby town of Kinross offers two supermarkets and a park-and-ride service to Edinburgh, Perth, and Dundee, whilst the city of Perth offers outstanding shopping and an exceptional art, music, and theatre scene.

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Pricing Information & Bidding

Opening Bid: £315,000

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 of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 02 December 2021, 10am-3pm
Type: Timed Online Auction

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