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Galashiels TD1 Property for sale
Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
£150,000
Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
£150,000
Our Summary
- Prime Property Auctions is excited to present this exceptional commercial development opportunity within a prime location in Galashiels - Guide Price £130,000The site comes with Planning in Principle for 25 residential units, offering remarkable capital growth potential once developed
- 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
- 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
- Fantastic commercial to residential conversion opportunity, Sure to appeal to a shrewd developer looking to convert into luxury apartments or student flats
- Prime Property Auctions is excited to present this exceptional commercial development opportunity within a prime location in Galashiels - Guide Price £130,000
- Property is being offered at discount to ensure auction sale
- The site comes with Planning in Principle for 25 residential units, offering remarkable capital growth potential
Description
This exceptional commercial development opportunity in Galashiels, Scotland, presents a rare chance to transform a 1.5-acre parcel of land, including a historic Bristol Mill, into 25 luxury apartments or student flats. With Planning in Principle already secured, the site offers remarkable capital growth potential. The property, situated in a prime location, boasts woodland and river frontage, and is poised to benefit from Galashiels' strategic location, convenient travel access, and growing economy. The current owner is offering the property at a discount to ensure a quick sale, making it an extraordinary opportunity for a shrewd developer to capitalize on the potential of this unique property.