Riverside site with flexible industrial zoning and major redevelopment potential.
Site area approximately 1.293 ha (3.20 acres) including 0.622 ha paddock
A substantial former mill complex arranged across circa 1.293 ha (3.20 acres), offered with vacant possession and available in separate lots. The site includes approximately 3,550 sq m (38,245 sq ft) of mixed single- and two-storey mill buildings dating from around 1900, plus a substantial undeveloped paddock and riverside frontage. The land is zoned for Business and Industrial uses (Class 4, 5 and 6) with scope for certain sui-generis or trade counter uses subject to planning.
This is a clear brownfield redevelopment opportunity for an investor or developer seeking scale and flexibility in the Scottish Borders. The Riverside Business Park location benefits from road links (A7) to regional centres, excellent mobile signal and fast broadband. The site sits within a principal commercial area that has seen recent public and private investment, which supports reuse or modern industrial/warehouse repositioning.
Material issues are present and must be budgeted: the mill includes asbestos roof tiles and older construction materials, the buildings require renovation or demolition, and ground condition surveys are the purchaser’s responsibility. The site lies in a very deprived area which may affect local demand dynamics, and any change of use beyond the existing zoning will require planning consent.
Offers are invited with a plan of the area of interest; note a closing date of 12 noon on Friday 12 September 2025. Buyers should allow for VAT considerations, potential remedial costs and refurbishment timescales when assessing value and development programmes.
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