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Press Release

SVA PROPERTY AUCTIONS JUNE 2017  
 

June 2017

SVA WELCOMES NEW VENDORS THE NHS AND SCOTTISH PRISON SERVICE TO THE AUCTION ROOM

An “Extra Lot” comprises a 4 bedroom house and land in Pencaitland

SVA Property Auctions, Scotland’s independent auction service, will be putting 17 lots under the hammer on Thursday 22nd June at the Edinburgh Marriott Hotel.

The June auction offers SVA’s usual range of residential and commercial properties, land plots, re-development opportunities and this month welcomes three first time vendors, NHS Lanarkshire, NHS Grampian and the Scottish Prison Service.

The Scottish Prison Service is bringing 5 single terraced garages in Peterhead and a three bedroom flat in the attractive Perthshire town of Coupar Angus to the auction room. But perhaps the most unusual of the newcomers’ offerings is the former Maud Hospital near Peterhead which is going under the hammer with a guide price of £110,00 to £120,000. The B-listed building, originally built in the late 1860s to provide 125 beds, also included provision for accommodating 35 “paupers”. The main frontage of the hospital is particularly impressive, built with stone blocks and dressed granite features, with further wings to the rear. Most recently the hospital provided care for the elderly and closed in 2008. The property sits on a 2.99 acre plot providing extensive grounds with the buildings.

Says Shaun Vigers, SVA Property Auctions director and auctioneer: “This property offers huge potential to the right buyer. If the appropriate consents can be put in place, there is scope to convert the hospital into flats, a hotel, training centre or care home. There could also be opportunities to build in the grounds, perhaps to complement or extend the function of the main building.

A late addition to the catalogue is a vacant four bedroom detached house with a garden and allocated parking in Pencaitland, East Lothian. The lot, which sits in a quiet cul-de-sac also includes a parcel of undeveloped land extending over 0.25 acres which has the benefit of planning consent for 2 houses. Bidding for this property and the associated land is expected to settle at around £290,000.

Shaun Vigers, SVA Property Auctions director and auctioneer is confident that the lots in the June auction will sell well. He says: “New vendors always attract some new faces to the auction room and we are also pleased that a significant number of the properties in this auction have not been exposed to the market prior to being offered at this sale. This has been the pattern of recent auctions and continues to be a key factor in attracting both buyers and vendors.”

The next SVA Property Auctions sale will take place at 2pm on Wednesday 13th September at the Trades Hall of Glasgow, located at 85 Glassford Street, near both Queen Street and Central stations. The closing date for entries for the September auction is 27th July.

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For further information, please contact Shaun Vigers, SVA Property Auctions on 0131 624 6640.

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