>
Pitgaveny Street, Lossiemouth... Residential development for sale
Pitgaveny Street, Lossiemouth, Morayshire
£275,000
Pitgaveny Street, Lossiemouth, Morayshire
£275,000
Our Summary
- This development opportunity is located on Pitgaveny Street in Lossiemouth, overlooking the harbour
- The proximity to schools, shops, and transport links makes this development opportunity an attractive choice for potential investors or developers
- Property25 Pitgaveny Street, formerly known as the Harbour Bar, offers a unique development opportunity
- Planning permission has been granted (reference: 22/01881/APP) to demolish the existing building and convert it into a mixed-use development
- This property represents an excellent long-term investment opportunity, offering potential for both commercial and holiday let income
- Planning permission has been granted for a rear opening from Baker Street, along with the creation of six parking spaces and a bin store
- Planning Permission 22/01881/APP
Description
This development opportunity is a unique property located on Pitgaveny Street in Lossiemouth, overlooking the harbour, and is situated in a central position within the town. The property offers a mix of commercial and residential space, with a commercial element on the ground floor and three bedrooms, a reception room, bathroom, and kitchen on the upper floors. Planning permission has been granted to demolish the existing building and convert it into a mixed-use development, including two commercial units and eight Air BnB/self-catering apartments, or alternatively, it could be developed into two luxurious town houses. The property benefits from a south-facing rear garden, and planning permission has been granted for a rear opening from Baker Street, along with the creation of six parking spaces and a bin store. The location is well-suited for those seeking a balance between local amenities and travel connections, with easy access to schools, shops, and transport links.