by Donna Hood


September 21, 2022

Live stream auction enjoying extended run of 100% disposal rate

SVA Property Auctions, Scotland’s independent property auction company, will be hosting the first auction of its Autumn programme on Wednesday 28th September, following a week’s postponement, instigated to respect the mood and wishes of the auction community, following the funeral of the late Queen Elizabeth II.

The September auction will continue to be a live-streamed event with remote bidding via an on-line portal as well as traditional proxy bidding or telephone bidding. Says Shaun Vigers, SVA Property Auctions’ director and auctioneer:  “This method of offering property and bidding is  proving popular with both buyers and sellers, demonstrated by the fact that the June auction was our seventh consecutive auction at which we achieved 100% disposal rate.”

The September auction features a portfolio of seven lots – four from regular vendor Scottish Water as part of their ongoing sale of surplus assets and three from private clients.

One of the highlights of the auction is a 29.39 acre lot, near Craigfoot Terrace, Aberfoyle. Formerly part of a quarry worked for the extraction of blue-grey dolerite, a stone which features extensively in the construction of the traditional buildings in and around Aberfoyle. The level area of the site is covered with a mix of mature and semi-mature deciduous trees and undergrowth, as well as the remnants of structures and equipment association with quarrying activity. As the ground rises to form part of Craigmore Hill, the woodland thins with little vegetation on the upper reaches of the site which is manly comprised of rocky outcrops. The entire site is part of the Trossachs Special Area of Conservation, primarily due to the status of some of the oak trees. Says Vigers: “This is a first for SVA as, whilst we’ll always try to move mountains for clients, we’ve never put one under the hammer before! It’s exciting as, with a guide price of £25,000 to £30,000, there is a unique opportunity out there for someone to acquire almost 30 acres of Loch Lomond and Trossachs National Park with stunning views from Craigmore Hill and potential scope for alternative use across the level areas of the site.

A former police sub station on Cairncry Road, Aberdeen, is another lot generating considerable pre-auction interest. The lot comprises a 52 square metre, detached, single storey building, most recently used as offices, sitting on a 351 square metre site. The site itself has the advantage of proximity to Aberdeen’s Inner Ring Road, the city’s main hospitals and being just 2 miles from the city centre.  Given that the property lies within a mixed-use area, surrounded by residential properties and with a pub nearby, there is plenty of scope for Class 3 re-development. The land associated with the building would  also afford off-road parking for fast food delivery vehicles. The lot is being guided at £100,000.

A further commercial opportunity is presented by Scottish Water’s redundant tank site at Toppinghead SR, Kirkpatrick Fleming, near Lockerbie. The 270 square metre site sits at the junction of the B7076 and the B6357 and is just 300 metres from Junction 21 on the M74. The high visibility of the site creates an interesting opportunity for a buyer to secure an income from an advertising hoarding, with an initial outlay at auction being guided at £4,000 to £5,000.

The next auction of the 2022 programme will take place on Wednesday 23rd November at 2pm.

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For further information, please call Shaun Vigers, SVA Property Auctions on 07979 367393


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Donna Hood