£125,000 Guide price
House, workshops and plot of land
New to auction is this exciting mixed development opportunity in the picturesque town of Lochgilphead in Argyll and Bute. In total, the portfolio of units comprises a detached traditional stone built house, two workshops, outbuildings and a single dwelling building plot. In detail, the variety of development options, allied with a very keenly positioned Guide Price, is sure to excite developers and investors looking for a combination of residential and commercial development options in a popular and picturesque location. Early viewing is highly recommended to fully appreciate the fantastic value on offer.
Minnow house Is a large detached property which has been previously converted into four small apartments for rental. A programme of works would be required to upgrade the apartments suitable for long term or holiday rental, but this could equally be redeveloped back to a substantial family home. Council Tax Band: F.
The front workshop extends to approximately 140 sq.metres on the main floor, with a smaller mezzanine level. Subject to planning consents, this unit would be ideal for commercial to residential development.
The Rear Workshop is over two levels, with each floor being approximately 80 sq. metres. The ground level was used for operational purposes, and the upper level offered storage and manager’s office. As with the Front Workshop, there is potential for commercial to residential development.
The Outbuildings, a total space of around 150 sq. metres, offers further storage or development options.
Single Building Plot
The single building plot is approximately 220 sq. metres in area, with historic planning permission approved under Argyll and Bute Planning Reference 11/02122/PPP for the erection of a single detached dwelling. This permission has now lapsed, so additional buyer due diligence would be required to ensure this permission could be refreshed if appropriate.
The Argyll and Bute town of Lochgilphead offers a small town friendly atmosphere and benefits from a range of independent stores, a supermarket, modern health centre, education campus and many leisure activities. Situated within stunning landscape at the end of Loch Gilp (a branch of Loch Fyne) and on the banks of the Crinan Canal, the town and surrounding area is a magnet for tourists looking to enjoy the variety of outdoor pursuits on offer.
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