Offers Over £120,000

commercial property for sale in Peebles

Boiler & Engine House, Ballantyne Place, Peebles, EH45 8ER
Tenure Freehold
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Key features
  • Historic Boiler House and Engine House offering a unique conversion opportunity
  • Traditional stone construction surmounted by a pitched slate roof
  • Retained and made available for employment uses
  • Accessed from Ballantyne Place and benefitting from 9 allocated parking spaces
  • Situated 25 miles south of Edinburgh City Centre/700m north of Peebles High Street
  • The eventual purchaser will be responsible for securing the necessary planning consent for their intended use(s)

Property highlight: The subjects comprise the former Boiler House and Engine House of the historic March Street Mill.

The subjects comprise the former Boiler House and Engine House of the historic March Street Mill. Arranged over lower ground floor, ground floor and mezzanine level they are of traditional stone construction surmounted by a pitched slate roof. The wider site is currently subject to a detailed planning application by Whiteburn Projects to develop 50 flats and houses. The Boiler House and Engine House, situated to the north of the site, are being retained and made available for employment uses. The engines and boiler have been stripped out of both buildings and now present a unique and exciting opportunity to convert the buildings suitable for a range of commercial uses. Access will be from Ballantyne Place and 9 allocated parking spaces will be made available.FOR SALE* Historic Boiler House and Engine House offering a unique conversion opportunity* May suit a range of commercial end uses such as design studio, office, café, community space or distillery (subject to planning)* Forming part of a regeneration project delivering 50 houses and flats on the site of the former March Street Mill - 23/00884/FUL* Accessed from Ballantyne Place and benefitting from 9 allocated parking spaces* Situated 25 miles south of Edinburgh City Centre/700m north of Peebles High StreetTOWN PLANNING* The subjects form part of a planning application undertaken by Whiteburn Projects: 23/00884/FUL Residential development comprising 50 houses and flats with associated works and change of use to boiler house/engine shed to commercial use.* The boiler house/engine shed is being made available for commercial end use as per the 2020 Proposed Local Development Plan, which was recommended for adoption byScottish Borders Council with the March Street Mill site under reference MPEEB007. The eventual purchaser will be responsible for securing the necessary planning consent for their intended use(s).* Interested parties who are considering alternative uses are invited to make their own enquiries with the planning department of Scottish Borders Council.

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Peebles, Borders at a glance*

  • Average selling price

    £304,717

  • Median time to sell

    56 days

  • Average % of Home Report achieved

    98.2%

  • Most popular property type

    3 bedroom house

To find out more about the local market, contact Cullen Kilshaw today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 3 month period ending on 31/10/2024

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* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.