Main Street, Douglas, Lanark... Mixed use for sale

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Main Street, Douglas, Lanark... Mixed use for sale

Main Street, Douglas, Lanark, Lanarkshire
£65,000

Our Summary

  • Residential developmentNew to auction is this exciting residential development opportunity in the South Lanarkshire village of Douglas
  • The opportunity comprises a former public house, The Countryside Inn, with a two bedroom flat above with separate access from the rear, and architect drawings have been produced for conversion into four x two bedroom flats, although no planning applications have been applied for in this regard
  • The numerous post development exit options, such as resale or long/short term rental, the competitive guide price, and the significant added value potential through development (subject to consents) is sure to attract strong levels of demand from developers, so early expression of interest is recommended

Description

This exciting residential development opportunity in the South Lanarkshire village of Douglas comprises a former public house, The Countryside Inn, with a two-bedroom flat above, as well as a generous plot to the rear for parking or alternative use. The property has the potential to be converted into four two-bedroom flats, although no planning applications have been submitted. The location offers numerous post-development exit options, including resale or long/short-term rental, and the competitive guide price and significant added value potential through development make it an attractive opportunity for developers. The village of Douglas is semi-rural and historic, with local facilities available and easy access to larger towns and the M74 motorway. The property is being sold with the understanding that purchasers will make their own investigations and due diligence regarding the condition of the property, services, and fixtures.
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