A prime piece of land in the historic Highland village of Braemar is up for auction for just £1.
Measuring more than 1000 square metres in the heart of the Cairngorms National Park, the plot on Glenshee Road was where the seven-bedroom Braemar Lodge Hotel stood prior to its demolition three years ago.
The property comprises a spacious 1039.4sqm (0.257 acres) clear building plot, offering a blank canvas for development options, subject to all the necessary permissions being granted.
The impressive former footprint includes a 120-cover restaurant, whisky bar, owner’s accommodation, a 12-berth bunkhouse, multiple outbuildings and extensive gardens and parking.
Fire destroyed the popular hotel in March 2022, with the remains of the building being demolished four months later amid safety concerns. The plot has since remained undeveloped.
It is being sold by Scottish auction house Prime Property Auctions and director John Morris said: “The property is being offered at a fantastic discount to ensure a sale and should appeal to anyone looking for a straightforward purchase with excellent upside potential. It is a rare investment opportunity.”
The live auction commences on Thursday, 21 August, with bids accepted from 10.30am-4.30pm.
Prime Property Auctions was established by Luis Guarin and John Morris in 2022 and offers listings on commercial, residential and land. The firm operates throughout Scotland as well as England and Wales from its base in Glasgow city centre. It has a database of more than 20,000 buyers and has sold more than 600 auction lots in the UK since 2022.