3 bedroom property for sale

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3 bedroom property for sale

St. Fergus, Peterhead, Aberdeenshire, AB42 3HE
£250,000

Our Summary

  • *We are pleased to offer to auction this Prime Commercial/Residential Investment Opportunity
  • Recently granted change of use to a residential house and caravan site, this property offers numerous development possibilities, such as short-term lets, an HMO, a large family home, or conversion into multiple apartments/flats, subject to planning approval

Description

--- This property is a prime commercial/residential investment opportunity located on nearly 2 acres of land, offering a versatile investment for an owner-occupier or manager. The former house hotel includes extensive grounds with caravan pitches, 7 static caravans, 6 touring pitches, a 3-bedroom chalet, and a main building featuring a reception area, lounge, dining room, self-catering kitchens, and 9 letting bedrooms. It is situated close to the St. Fergus Gas Terminal, catering to the accommodation needs of the oil and gas industry workers, with the caravan site currently generating a significant annual income. The property has recently been granted change of use to a residential house and caravan site, providing potential for development into short-term lets, an HMO, a large family home, or conversion into multiple apartments/flats, subject to planning permission. The location is poised for growth due to upcoming infrastructure projects, including a new pipeline, carbon capture and storage, wind power initiatives, a large solar farm, and a new power station in Boddam Peterhead. This presents a unique opportunity to acquire a property with both residential and commercial potential, set in a thriving industrial area with a steady demand for accommodation.
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