Gothic Property With Potential For Auction Arbroath DD11

Guide Price £350,000. Rare opportunity for a builder / developer to purchase a two storey French Gothic Style building. It operated as a hotel until World War II when it was requisitioned, before becoming a childrens home. 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. Full asbestos removal and a long extensive list of works have been carried out in the last three years, inclusive of extensive roof and structural works. This is a unique opportunity and is ready for the next developer to turn into something magnificent.