Timed Online Auction

02 December 2021, 10am-3pm

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  • TypeLand
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 0

Description

Full Address:  Former Carnwath Primary, Main Street, Carnwath, ML11 8HR

Prime development opportunity within affluent Lanarkshire village of Carnwath. Large, Victorian former school house with PLANNING CONSENT GRANTED FOR THE ERECTION OF 4 x 3 BEDROOM TOWNHOUSES, 8 FLATS AND CAR PARK. Potential development value of over 2 million.

Demolition warrant has been granted and property is not listed but is within a conservation area and the plans submitted and approved reflect this. Details of planning permission are available on the South Lanarkshire Council Planning Department- Ref. No: P/19/1105.

REALISTIC COMPLETED DEVELOPMENT VALUE OF UP TO 2.5 MILLION based on current market conditions and demand for housing locally within an extremely popular commuter location with links to Glasgow and Edinburgh.

Each of the houses would have direct access from Murray Terrace and be served by two parking spaces. The flats would be served by a parking court comprising 16 spaces (including two for disabled users) which would also be accessed from Murray Terrace via a gap between the townhouses.

Ideally suited for Commuters to Glasgow, Edinburgh and The Central Belt. The town of Carnwath holds a host of amenities including Pubs, Local Shops, Bank, Healthcare Centre, Bowling Green and Golf Course

Prime development opportunity within affluent Lanarkshire village of Carnwath. Large, Victorian former school house with PLANNING CONSENT GRANTED FOR THE ERECTION OF 4 x 3 BEDROOM TOWNHOUSES, 8 FLATS AND CAR PARK. Potential development value of over 2 million. Demolition warrant has been granted and property is not listed but is within a conservation area and the plans submitted and approved reflect this. Details of planning permission are available on the South Lanarkshire Council Planning Department- Ref. No: P/19/1105. REALISTIC COMPLETED DEVELOPMENT VALUE OF UP TO 2.5 MILLION based on current market conditions and demand for housing locally within an extremely popular commuter location. Each of the houses would have direct access from Murray Terrace and be served by two parking spaces. The flats would be served by a parking court comprising 16 spaces (including two for disabled users) which would also be accessed from Murray Terrace via a gap between the townhouses. Ideally suited for Commuters to Glasgow, Edinburgh and The Central Belt. The town of Carnwath holds a host of amenities including Pubs, Local Shops, Bank, Healthcare Centre, Bowling Green and Golf Course

The town of Carnwath holds a host of amenities including Pubs, Local Shops, Bank, Healthcare Centre, Bowling Green and Golf Course. Great transport connections on Main A721 connecting road. Lanark is the closest town with a host of major amenities and supermarkets. The Edinburgh City Bypass is only a twenty-five minute drive away, giving good access to East Central Scotland and the surrounding area

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Location

Pricing Information & Bidding

Opening Bid: £170,000

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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