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Property for Auction in Scotland - 6 Pitsligo Street, Fraserburgh AB43 7JL

6 Pitsligo Street, Fraserburgh AB43 7JL

£45,000
Commercial
About this Property
2024-11-28
45000
Traditional
Commercial
Description

Former Forbes Arms Hotel Once the place to be seen, the former Forbes Arms Hotel in the coastal village of Rosehearty, five miles along the coast from Fraserburgh, is new to auction. The former hotspot in the village once comprised public bar, lounge bar, dance hall and upstairs restaurant and bedrooms, but the passing years and harsh elements have seen the building fall into serious disrepair, and a return to its heyday now seems unviable. The central location in the village, allied with the generous footprint and competitive Guide Price, is most likely to be attractive for an investor/developer to clear the site and, subject to the required approvals, create new residential dwelling(s). Early expression of interest is recommended.

** Note To Prospective Purchasers – Aberdeenshire Council have recently issued a Dangerous Building Notice which can be made available to interested parties. Buyers should undertake additional due diligence in this regard. ** The building is not safe for public viewings. Tenure Freehold Area The coastal village of Rosehearty is just 4 miles west of Fraserburgh. The peaceful village offers local amenities including a local primary school, library, convenience stores, butchers, post office and a hotel & restaurant. There are lovely coastal walks, a bowling club and golf course. There are regular bus services to and from Fraserburgh. Local Authority Aberdeenshire Council Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. 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.

Location
More Information
Freehold
Pitsligo Street
Planing Authority
Aberdeenshire
Sold Price History
06 Feb 2025Unsold Lot Auction House Scotland£45,000
27 Mar 2025Unsold Lot Auction House Scotland£45,000
31 Mar 2025Unsold Lot Auction House Scotland£35,000

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