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Scottish Water cleans up with three sales at SVA’s June auction

Bidders flooded in to SVA Property Auctions’ latest sale, which saw six out of seven lots sell on the day.

Scottish Water had three lots on offer but it was a former pumping station building in Lochboisdale, South Uist, that generated the most interest. Guided at £10,000, the property, which sits on a plot extending to 3,600 sq ft, located two miles north of the ferry port, sold for £12,000.

A former office and storage premises on Main Street, Loans, near Troon, also attracted enthusiastic bidding. Offered by QLTR, the detached, single-storey property was in poor condition, but its refurbishment potential made it a popular lot and it eventually sold to a local builder for £86,000 from a guide price of £50,000.

A residential development site with a previous consent for 37 houses did not find a buyer. Located at Spruce Gardens, Cupar Muir, just a mile from Cupar, the site was the location of a sawmill until 2000 and in 2007 planning permission was obtained for the development of 37 houses across the 7.48-acre site.

Vigers said: “While the previous consent dating back to 2007 may still be live, it is unlikely a developer would adopt the same scheme and will need to make a fresh application. However, given the fact that there is an allocation for housing in the local plan, I am confident that a buyer would have a reasonable expectation of achieving new planning consent for a re-imagined scheme.”

The first auction in autumn will take place on 21 September.

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Photo: SVA Property Auctions

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