Page 19 - Shepherd Commercial Auctions - Catalogue 07/09/2023

Lot 13 51 & 53 Lochnell Street, Lochgilphead, Argyll PA31 8JL Redevelopment Opportunity
Features
• Potential redevelopment opportunity • Popular tourist town
• GIA 58.06 sq. m. (624 sq. ft.)
Description
The subjects consist of a two-storey stone building, surmounted by a pitched roof. There is a small section of land located towards the rear of the property, which is included as part of the existing title.
Internally, the property is comprised of living space, a kitchen, and W/C facilities on the ground level. Access to the first floor is provided through an internal stairwell, leading to two bedrooms.
Location
The subjects are located in the popular tourist town of Lochgilphead, within Argyll & Bute. Lochgilphead is situated on the Argyll Peninsula, approximately 40 miles south of Oban, 13 miles north of Tarbert, and 23 miles southwest of Inveraray. The town benefits from access to the A83, which serves as the main route between Tarbert/Campbeltown and Loch Lomond, while the A816 provides a direct connection to Oban.
The property is positioned at the rear of Lochnell Street, a short distance to the west of the junction with Argyll Street. This junction also connects with Colchester Square and essentially constitutes the primary retail area within the town. In the central part of the town, ground floor premises are generally occupied by retail and service operators, while the upper floors predominantly consist of residential dwellings.
*Guide Price £10,000 (plus fees if applicable)
* Please see Buyer’s Terms for definition of guide price and auction fees
Auction Type
Unconditional Sale - The buyers fee is 1.8% inc VAT(1.5% plus VAT) subject to a minimum of £1,800 inc VAT(£1,500 plus VAT).
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