Development opportunity

Rare opportunity for a builder / developer to purchase The Elms, Arbroath which is a two storey French Gothic Style building .The Elms was built for the mill-owning Corsar family. It operated as a hotel until World War II when it was requisitioned by the War Office, before becoming a childrens home of the World-Wide Evangelisation Crusade (Historic Scotland). The architect William Leiper is best known for Templeton's Carpet Factory (also known as the Doge's Palace) in Glasgow. The property previously had planning permission to convert to six flats and five dwelling houses which has since lapsed. Ref. No: 03/00592/LBC. The property has had full asbestos removal and a long extensive list of works carried out in the last three years, inclusive of extensive roof and structural works: more information is available on request. This is a unique opportunity and is ready for the next developer to turn into something magnificent.

Tenure

Freehold

Area

With excellent transport links, there are regular train and bus services between Arbroath and Dundee and Aberdeen, and to all other surrounding towns and villages within Angus. There are schools at primary and secondary levels and major supermarkets all within a reasonably short walking distance of the site. These impressive homes are suited to a variety of buyer types looking for a well located home with straightforward access to local amenities.

Local Authority

Angus Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.