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Property for sale
Delrion Suite, The Square, Earlston, TD4 6DB
£60,000
Delrion Suite, The Square, Earlston, TD4 6DB
£60,000
Price History
Initial price | £80,000 |
07/01/25 | £75,000 |
25/03/25 | £65,000 |
01/04/25 | £60,000 |
Price Change | -25.00% |
Description
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Here is a summary of the property description in a single paragraph:
A large premises previously operating as an inn in Earlston, Scotland, is being offered for auction with a guide price of £80,000. The property has approved planning for 4 residential flats, and despite requiring refurbishment, it could achieve a market rent of £28,800 per annum, providing a gross yield of 36%. The property is situated in a prime location, close to motorways, local amenities, and schools, and benefits from a rateable value of £6,100, qualifying for business rate relief. The property is being offered at a substantial discount, making it an attractive opportunity for builders, developers, and investors looking for a project.