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Development Opportunity, 6, Murray Park, St. Andrews. KY16 9A

Property Details
Agent Ref No: F011734
Category:
Type: Guest House / Hotel
Land
Offer Type:
Price: 625,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2008-08-18
Size: 2538 sq. ft
Tenure:
Min Rental Size: Not Applicable
Property Status:

B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

This property is offered for sale Asking Price: Offers over £ 625,000 Last verified 28 July 2008 Revised Price. Offers in excess of £625,000 for the benefit of the heritable interest. Planning - The premises are currently classified as Use Class 7 (Hotel, Boarding and Guest House, Hostel) under The Town & Country Planning (Use Classes) (Scotland) Order 1997. VAT will not be applicable. Further details are available upon application to the marketing agents.


Comments
The subjects comprise a three storey traditional terraced townhouse arranged over ground, first and second floors. Externally, the property is of a stone construction with slate tiled roof and timber sash windows. The subjects have been used as a hotel for a number of years and its current layout is suited to this purpose. In addition, to the rear of the property and accessed via the back yard there is a small but independent flat/studio with ensuite facilities.
St Andrews is situated on the East Coast of Fife, in a regional context it is surrounded by Dundee, Perth, Cupar and Glenrothes with Edinburgh and Glasgow being 1hr and 2hrs away by car respectively. Renowned for it’s university and golfing heritage, it has become increasingly popular over recent years with tourists, students and new residents. The property is located such that it could suit all of the above.
The subject premises are located approximately 300 yards from the Royal & Ancient Club House and in-turn, 500 yards from The Old Course. It should be noted that residents of St Andrews are eligible for reduced green fees on the St Andrews links courses.

Property Parts
Main House 2,415 Sq Feet
Flat 123 Sq Feet
Total Area 2,538 Sq Feet

Features
Multi-storey Layout
8 Rooms

Notice
Unless otherwise indicated, all information displayed is copyright © 2008 Scottish Property Network Limited.  Information provided, including information on any property identified as available for sale, lease or disposal can not be guaranteed accurate and should not be regarded as an offer to sell, lease, or otherwise dispose of that property.