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Press Release

SVA PROPERTY AUCTIONS LTD
 

September 2020
 

SVA Property Auctions returns to the rostrum with live streamed auction

Three handsome buildings are ripe for re-development


After seven months of unavoidably limited activity, due to Covid-19 restrictions, SVA Property Auctions is delighted to be fully operational again, launching a live-streamed auction with proxy and internet bidding. The auction will take place on Wednesday 30th September and will have the same format as a traditional auction, complete with the auctioneer’s drop of the hammer - but live streamed into the comfort of participants’ homes or offices.

Says SVA Property Auctions director and auctioneer: “I think this may be Scotland’s first closed door, live-streamed property auction and we are working hard just now to ensure that our clients are aware they need to register in advance in order to be able to bid. Links to the Registration Form are on our website and within our downloadable auction brochure. It’s certainly a learning curve for us, but we are determined to pull it off successfully as we have had considerable demand from vendors looking to offer properties and a real sense that buyers, after such a long period of inertia, are ready to make acquisitions.”

One of the  highlights of the September auction is the Blackwater Outdoor Centre at Dalrunzion, Bridge of Cally near Blairgowrie in Perthshire. Formerly operated by Perth and Kinross Council, this attractive two storey traditional building sleeps up to 18 people and has a large room suitable for group or community meetings. The lot is situated on a 0.76 acre site and is ideally placed to continue to be used as an outdoor centre or for other business opportunities where a rural location adds value, such as dog boarding, retreats or a venture which taps into the increasingly popular vogue for glamping. The building could, of course, also be converted into a substantial, grand family home. The lot is being guided at £190,000.

One of three former banks available in this auction is the town centre premises on the High Street in Montrose, an elegant Category B listed, mid-terrace, three storey building. The site extends over 0.38 acres and there are single storey extensions to the rear with attractive former garden grounds, bounded by high stone walls. As there is a separate entrance at street level providing direct access to the upper floors, the building offers considerable potential to be reconfigured into a blend of office and residential space. With a guide price of £150,000, the lot offers sound investment potential for buyers with a keen eye for a development project.

Another fine featured building is the former 10 bedroom care home on Low Street, Banff, comprising the three upper floors of a three storey plus attic terraced building. Formerly a residential home for adults with learning difficulties and special needs, the property is fitted to a good, modern standard. Situated in the heart of Banff, an attractive coastal town on the stunning Coastal Trail along the North East coast, this is a corner of Scotland which is becoming increasingly popular with tourists. The lot, which has the potential to be redeveloped as flats, is guided at £180,000.

-ENDS-


NB: Further details of all 15 lots can be found at www.sva-auctions.co.uk
For further information, please contact Shaun Vigers, SVA Property Auctions on 0131 624 6640.

 

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