Freehold Georgian commercial building with parking — ideal for conversion or redevelopment..
Freehold Georgian corner building on Main Street
Three floors: former bar, flats, studio and additional rooms
Large rear parking area and stone workshop/storage
Requires full modernisation and cosmetic refurbishment
Conversion possible to residential subject to consents
Located in a very deprived area — consider rental/value impact
A prominent Georgian commercial building occupying a Main Street corner in Newmilns, offered freehold at a competitive price. The property spans three floors with a former ground-floor bar/lounge, rear access via a traditional stone spiral staircase, a one-bedroom flat, a studio, and two further bedrooms with shower room above. There is generous rear parking, stone outbuilding/workshop and external storage — practical assets for a commercial use or conversion.
The building retains period character and flexible internal layouts, making it a clear development opportunity for investors or developers. With mains gas, electricity, water and drainage connected, the property could be adapted to mixed commercial/residential uses or converted entirely to housing subject to planning consents. Its central village location offers community footfall and visual prominence on the high street.
Buyers should note the property needs modernisation throughout: dated interiors, wear and tear, and likely upgrading to meet modern residential or office standards. Broadband speeds are average and the surrounding area is classified as very deprived, which may affect rental values and funding options. The traditional stone spiral staircase and layout may restrict some adaptation without structural works.
This is a value-led proposition for an investor or developer willing to manage refurbishment and secure necessary consents. The price reflects the required works and the potential to create multiple income units or a distinctive village facility.
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