Commercial development for sale

Summary

Residential development opportunity situated to the rear of Tranent High Street

Planning consent granted for 4-storey flatted development under two separate planning references: 19/00625/P and 06/00862/FUL

Development comprises 9 x 1 bedroom flats, 4 x 2 bedroom flats, 13 car parking spaces and associated communal amenities

Situated on site equating to approximately 0.188 acres (0.077 hectares)

Offers over £325,000 per annum (exc. of VAT)

Location

Tranent is a popular commuter town within East Lothian and is situated approximately 10 miles from Edinburgh’s city centre. Tranent is easily accessed of the A1 trunk road and is within short driving distance of other East and Midlothian towns such as Musselburgh, Dalkeith, Haddington and North Berwick.

More specifically, the subjects are located to the rear of 73-77 High Street Tranent, with access to the site itself taken off Well Wynd, a continuation of Loch Road and Ormiston Road.

Description

The subjects comprise a recently cleared site with access taken via a metal swing gate to the south-west off Well Wynd. The site is bound to the east and west with stone and brick walls, with the south bordering a newer build residential development. The site is generally level but slopes downwards from the entrance. The site has a mixed hardstanding and unsurfaced covering.