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Property for sale
Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
£130,000
Bristol Mill, Edinburgh Road, Galashiels, TD1 2EX
£130,000
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
Description
Prime Property Auctions presents a rare commercial development opportunity in Galashiels, Scotland, with a guide price of £130,000. The site, spanning approximately 1.5 acres, has Planning in Principle for 25 residential units, offering remarkable capital growth potential. The former Bristol Mill, with its unique woodland and river frontage, is poised for transformation into luxury apartments or student flats. The property is being offered at a discount to ensure an auction sale, making it an extraordinary opportunity for a shrewd developer. With its prime location in Galashiels, the site benefits from a strategic position near Edinburgh, convenient transportation links, and a thriving local economy. The planning applications are currently under consideration by the Scottish Borders Council, making this a unique chance to capitalize on the property's potential.