Initial price	£145,000
01/10/24	£130,000
Price Change	-10.34%

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.