St. Fergus, Peterhead, Aberdeenshire, AB42 3HE

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this Prime Commercial/Residential Investment Opportunity.

This substantial former house hotel, set on nearly 2 acres of land, presents a versatile investment for an owner-occupier or manager. The property features extensive grounds with caravan pitches, including 7 static caravans, 6 touring pitches, a 3-bedroom chalet, and a main building with a reception area, lounge, dining room, self-catering kitchens, and 9 letting bedrooms. Located near the St. Fergus Gas Terminal, this site is ideally positioned to meet the accommodation needs of energy sector workers. The caravan site generates a significant annual income from professional workers in the nearby oil and gas industries.

Recently granted change of use to a residential house and caravan site, this property offers numerous development possibilities, such as short-term lets, an HMO, a large family home, or conversion into multiple apartments/flats, subject to planning approval.

The location is set to benefit from substantial infrastructure projects, including the new pipeline from St. Fergus Gas Terminal to Boddam Power Station, St. Fergus carbon capture and storage, Buchan wind power initiatives, a 150-acre solar farm, and the new power station in Boddam Peterhead.

This is a unique chance to acquire a property with both residential and commercial potential.

Please note we have not inspected this property.LocationThe location is set to benefit from substantial infrastructure projects, including the new pipeline from St. Fergus Gas Terminal to Boddam Power Station, St. Fergus carbon capture and storage, Buchan wind power initiatives, a 150-acre solar farm, and the new power station in Boddam Peterhead. Located near the St. Fergus Gas Terminal, this site is ideally positioned to meet the accommodation needs of energy sector workers. The caravan site generates a significant annual income from professional workers in the nearby oil and gas industries.AccommodationThis substantial former house hotel, set on nearly 2 acres of land, presents a versatile investment for an owner-occupier or manager. The property features extensive grounds with caravan pitches, including 7 static caravans, 6 touring pitches, a 3-bedroom chalet, and a main building with a reception area, lounge, dining room, self-catering kitchens, and 9 letting bedrooms. Recently granted change of use to a residential house and caravan site, this property offers numerous development possibilities, such as short-term lets, an HMO, a large family home, or conversion into multiple apartments/flats, subject to planning approval.TenureTitle Information: ABN9388Rateable ValueCaravan site: The current rateable value is currently £4,300 effective from 01-APR-23.

Sourced from SAA.Council TaxKeyhead House: Band G.EPCAvailable upon request (rating G).Additional InformationFor further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.Auctioneers Additional CommentsYour details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.Auctioneers Additional CommentsIn order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.BrochuresBrochure