25-26 Development Opportunity Former Crown Hotel, King Street, Castle Douglas, Dumfries and Galloway, DG7 1AA

A freehold commercial property is available for sale, located on King Street in Castle Douglas, Dumfries and Galloway. The premises, formerly a hotel, is currently vacant and has undergone initial clearance and alterations to the floors, walls, and ceilings in preparation for a potential change of use to residential apartments. The property is ideally situated in a central location, attracting tourists exploring the Dumfries and Galloway area, and is positioned on the main shopping street. The current owner had planned for the development of seven apartments, ranging from studio to one and two-bedroom flats, subject to obtaining the necessary planning consents. The property will require refurbishment, and a fresh planning application will be necessary. The average house prices in the surrounding area (postcode DG7 1AA) have been reported at £242,500 over the last year. The property is conveniently located approximately 1.5 km from several bus stations providing connections to nearby towns and cities, and is a short drive from local attractions such as Lock Ken and Galloway Activity Centre.