Land off Medwyn Road

** SALE BY AUCTION - 28 July 2022 **
Timed Online Auction .

***EXCITING WOODLANDS INVESTMENT OPPORTUNITY*** Rarely available located off Medwyn Road, West Linton. SUPER DESIRABLE HIGH DEMAND LOCATION in the Scottish Borders, close to Edinburgh. 0.35 Acres. MASSIVE DEVELOPMENT POTENTIAL (subject to gaining necessary consent). Plot mostly rectangular in great location on the edge of West Linton Village. An Sparr Medwyn Road, West Linton, EH46 7HA sold for £510,000 2 Medwyn Park, Medwyn Road, West Linton, EH46 7HA sold for £435,000 1 Paddockfields, Medwyn Park, West Linton, EH46 7HA sold for £417,500 EXCELLENT OPPORTUNITY FOR INVESTOR/DEVELOPER IN PRIME LOCATION. Average value of properties in this area regularly exceed £500,000. RARELY AVAILABLE OPPORTUNITY in this sought after private location. HIGHLY ACCESSIBLE PRIVATE LOCATION. SUIT SHREWD INVESTOR Approx. 0.35 acres(0.14 hectares) of mature woodland - Primarily broad-leaf trees - Sustainable wood fuel source LOCATION AND DESCRIPTION The amenity area woodland is situated in a quiet location on the outskirts of West Linton less than 200 metres from the entrance to West Linton Golf Club, between Medwyn Road and Medwyn Drive. Originally, part of the Medwyn House estate, the area comprises a partially level and partially sloping site with a full cover of mature, primarily broadleaf trees and measures approx. 0.35 acres (0.14 hectares). WOODFUEL The woodland offers itself as a sustainable source of wood fuel, subject to appropriate woodland management. The woodland is out with the West Linton Conservation Area so tree management is relatively flexible. Please note that some management activities may require Felling License approval from Forestry Scotland. Potential purchasers should satisfy themselves on this matter, depending on their intended use. PLANNING The woodland is identified within the Scottish Borders Council Local Development Plan (2016) as within the Town boundary but there are no specifically related policies. DEVELOPMENT CLAWBACK In the event of planning permission being granted for any development or higher value change of use, the sellers will retain a right to seek an uplift payment. The basic terms of the â??clawbackâ?� will be a payment of 25% of any uplift in value and the â??clawbackâ?� will be applicable over a period of 20 years from the 28th of August 2020. The sellers will secure the â??clawbackâ?� arrangements by way of a standard security over the whole property. We understand that a tree preservation order (TPO) has recently been applied to this land. A TPO does not prevent Planning Permission being granted. When deciding planning applications the Council will consider the likely effect on protected trees. All bidders should satisfy themselves regarding planning by directing their enquiries to Scottish Borders Council Planning Department.

West Linton is a popular conservation village which lies approximately 18 miles from central Edinburgh and with a small number of shops, hotel/bar and restaurant, golf course, church and primary school. The village benefits from excellent access to Edinburgh and as such is popular with commuters, however, it retains a real village community within a pleasant rural area. Larger town services are available in Penicuik, approximately eight miles to the north east, with secondary schooling provided in Peebles, approximately fourteen miles to the south east.

Auction Details
28 July 2022, 10am-3pm
Timed Online Auction,

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