Panmure Hotel Development Site 35 Tay Street
Monifieth DD5 4BH

Offers Over £800,000

Development Opportunity

This is an impressive Victorian building dating back to circa.1898. There have been various extensions added to the original part of the building over the years and it now has a gross internal floor area of approximately 932m2. No longer trading as a hotel the owners have had planning permission approved for conversion to create nine residential two bedroom apartments, Angus Council planning reference 17/00974/FULL. The potential for further residential development within the enclosed garden grounds is being explored as the current owners are in the process of putting forward a planning application for three detached dwellings.

Planning Approved for conversion

Nine 2 bedroom apartments

Main Building GIFA - Approx 932 m2

Potential for further development

Close to local amenities

Short walking distance to beach

Ideal commuting location

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