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Gothic mansion auctioned in Scotland for £ 1

Gothic mansion auctioned in Scotland for £ 1

Jun 242020

The two-storey building, erected in the 19th century, is located in the town of Arbroath, in the Scottish northeast.

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The National Property Auctions auction house put up for sale a French-style gothic mansion with a starting price of one pound sterling (about $ 1.25). The auction will take place on July 17.

The two-storey mansion, located in the Scottish town of Arbroath - in the northeast of the country - bears the name The Elms (Los Olmos, in Spanish), is the work of the architect William Leiper and dates from the 19th century.

 

Built for the Corsar family, who lived on the mill business, the house became a hotel in the years leading up to World War II. After the war broke out, she was requisitioned by the War Office and later became an orphanage.

Currently the property is in poor condition, so it is not suitable for immediate occupation and is on the register of buildings in danger. The mansion previously had permits to erect six floors and convert it into five independent houses. That document has expired, but the house continues to present unique opportunities for its next owners.

Thanks to its location, it has good transport connections, with regular train and bus services between Arbroath, Dundee and Aberdeen, as well as to other cities and towns within the Angus council. There are primary and secondary schools in the area and you can also walk to nearby supermarkets.

 

The auction house reminded potential clients that the buyer, in addition to paying for the property, will have to pay a 1% premium on a minimum price of £ 30,000 (about $ 37,590), including VAT. 

Gothic mansion auctioned in Scotland for £ 1

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