Initial price	£275,000
14/06/25	£239,950
Price Change	-12.75%

This development opportunity is a unique property located on Pitgaveny Street in Lossiemouth, overlooking the harbour and offering stunning views. The property is situated in a central position, providing easy access to local amenities, including shops, cafes, and restaurants, as well as schools, including St Gerardine Primary School and Lossiemouth High School. The town is also close to Elgin, which offers further educational opportunities and rail links to other parts of Scotland. The property features a commercial element on the ground floor, previously used as a bar, and upper floors with three bedrooms, a reception room, bathroom, and kitchen. Planning permission has been granted to demolish the existing building and convert it into a mixed-use development, featuring two commercial units and eight Air BnB/self-catering apartments, or alternatively, it could be developed into two luxurious town houses. The property offers a unique investment opportunity, with potential for both commercial and holiday let income, and is also suitable for residential development.