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Delrion Suite, The Square, Earlston, TD4 6DB

Guide Price
£60,000

Business rates & charges may apply

Prime Property, Glasgow
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SECTOR

Commercial property for sale

Key features

  • Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple residential units.
  • Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM/£28,800 PA which could give the property a gross yield of 36% based on guide, once renovated
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!
  • Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.

Description

Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston ***Guide Price of £80,000***




Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple  residential units. Application ref: 09/00036/OUT




Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated. 




Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!




Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.




Prime Property Auction is excited to present this Large Premises previously operated as an Inn, now with approved planning for 4 residential flats, located within a prime location in Earlston ***Guide of £80,000***




Property Comprises: 




Large reception area, Spacious Dining area, Bar, Kitchen, WC, Ample Storage Space.




This versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale.




***POTENTIALLY HIGH YIELDING INVESTMENT***




Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple  residential units. Application ref: 09/00036/OUT




***Plans approved for 4 residential 2 bedroom units*** 




Property will require refurbishment prior to habitation but could achieve market rent of between £2400 PCM / £28,800 PA which could give the property an impressive gross yield of 36% based on the guide of £80,000 once renovated. 




Property is sure to appeal to Builders/developers/investors looking for a project and benefits from a rateable value of £6,100 and qualifies for business rate relief  and is now being offered at a huge discount to ensure auction sale!




Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.




This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer Now" button on our website.




This property is offered at a fantastic price to ensure an Auction sale.




The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.




Location: 




Earlston, nestled in the picturesque Scottish Borders, is a charming town that beautifully blends history with modern living. The town's streets are lined with a mix of traditional stone houses and contemporary homes, creating a welcoming and timeless atmosphere. Earlston's vibrant town centre offers a variety of local shops, cosy cafes, and friendly pubs, providing a warm community feel. Surrounded by rolling hills and lush countryside, Earlston is a haven for outdoor enthusiasts, with plenty of opportunities for walking, cycling, and exploring the natural beauty of the Borders. Discover Earlston, where historic charm meets the comforts of modern life, and every visit feels like a peaceful retreat.

Delrion Suite, The Square, Earlston, TD4 6DB

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tweedbank Station3.9 miles

About Prime Property, Glasgow

100 West Regent Street, Glasgow, Scotland G2 2QD

Notes

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Disclaimer - Property reference 210109006. 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, 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, Glasgow on 0141 673 3554.

*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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