Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
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Key features
- Prime Property Auctions is excited to present this exceptional commercial development opportunity within a prime location in Galashiels - Guide Price £145,000
- The site comes with Planning in Principle for 25 residential units, offering remarkable capital growth potential. once developed. ***RARE OPPORTUNITY***
- ***Unique lot with Approximately 1.5 Acres***
- Fantastic commercial to residential conversion opportunity, Sure to appeal to a shrewd developer looking to convert into luxury apartments or student flats.
- Property is being offered at discount to ensure auction sale
Description
- Prime Property Auctions is excited to present this exceptional commercial development opportunity within a prime location in Galashiels - Guide Price £145,000
- The site comes with Planning in Principle for 25 residential units, offering remarkable capital growth potential once developed. ***RARE OPPORTUNITY***
- ***Unique lot with Approximately 1.5 Acres***
- Fantastic commercial to residential conversion opportunity, Sure to appeal to a shrewd developer looking to convert into luxury apartments or student flats
- Property is being offered at discount to ensure auction sale
Extraordinary Opportunity: Former Bristol Mill on an expansive 1.5-acre parcel, boasting the potential for a transformation into luxury apartments or student flats.
This prime development opportunity comes with Planning in Principle for 25 residential units, offering remarkable capital growth potential.
Situated in the sought-after town of Galashiels, approximately 35 miles from Edinburgh, this unique lot includes woodland and river frontage, enhancing its allure for a visionary developer.
The planning applications, seeking consent for the conversion of the buildings into 25 residential units with associated parking, are currently under consideration by the Scottish Borders Council (Planning Ref: 17/00935/LBC).
The prospect of converting this historic Bristol Mill presents a perfect investment opportunity, poised for substantial capital growth. Galashiels' strategic location provides convenient travel access to various surrounding Borders towns, making it an ideal locale for a thriving residential development.
Location:
Galashiels, situated in the Scottish Borders, boasts a rich heritage rooted in the textile industry, particularly known for its wool and tweed production. The town's historical significance is evident in its cultural fabric. With a focus on diversification, Galashiels serves as a vital transportation hub, well-connected by road and rail, notably through the Waverley Railway Line linking it to Edinburgh and beyond. Home to Heriot-Watt University's School of Textiles and Design, the town emphasises education. While traditional industries persist, endeavours have been made to broaden the local economy, incorporating tourism and retail. Galashiels offers a range of cultural and recreational facilities, including parks and museums, enhancing the overall quality of life. Nestled in the scenic Scottish Borders, the town's proximity to natural beauty adds to its allure for both residents and visitors alike
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Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Galashiels Station0.8 miles
- Tweedbank Station2.9 miles
- Stow Station4.9 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
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Visit our security centre to find out moreDisclaimer - Property reference 199762960. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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