£350,000 Guide price
Development opportunity
New to auction is this rare opportunity for a builder / developer to purchase The Elms, Montrose 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 on request.
This is a unique opportunity and is ready for the next developer to turn into something magnificent.
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.
PURCHASERS NOTES
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