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- LoopNet Team
South Parks
Peebles EH45 9ED
Yard/storage Space · Land For Sale
·
1.81 ac
INVESTMENT HIGHLIGHTS
- Active local economy
- Located south-west of Peebles town centre
PROPERTY FACTS
| Property Type | Land | Total Plot Size | 1.81 ac |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Plot Size | 1.81 ac |
DESCRIPTION
Subjects lie on the western edge of Peebles the third largest town in the Scottish Borders approximately 50 miles south of Edinburgh within a peripheral but recognised commercial locality. Peebles benefits from an active local economy attracting both local and national operators. The area has experienced rapid growth over recent years becoming increasingly popular with residents seeking a mix of a rural lifestyle and vibrant community feel, with the added benefit of being within commuting distance of Edinburgh. As a result, Peebles has been highlighted as one of the main focal points within the Western Borders Development Area (SDA) with an initial allocation of 100 additional residential units, expected to rise in line with demand, between 2009 and 2024. The local Council have been proactive in identifying locations within the area as having potential for additional housing, specifically to the south of South Park Industrial Estate, highlighting a further opportunity for residential development. More precisely the site is located south-west of Peebles town centre within a recognised residential/commercial locality. The site is currently accessed via the south/western edge from South Park Road, which intersects Caledonian Road feeding into the E7062 a main arterial route through Peebles town centre.
