A building with significant redevelopment potential in the heart of St Andrews, one of Scotland’s most desirable investment locations, has been brought to market by Shepherd Chartered Surveyors.
The property, a 5,322 sq. ft. single-storey social club, is located in a predominantly residential area just a short distance from the town centre. Dating from the 1980s and having been extended over the years, the detached building is currently used as a matchday facility for St Andrews United Football Club.
The internal accommodation includes two lounge areas, a function room, bars, kitchen, cellar, offices, and toilet facilities. Around six car parking spaces will be included in the sale.
The site is being marketed with an asking price of offers over £500,000, presenting a rare opportunity for investors or developers seeking a foothold in St Andrews’ limited property market.
“The university town of St Andrews on the northeast coast of Fife is known throughout the world as the home of golf and is an important historic town which ensures a healthy flow of tourists all year long,” said Jonathan Reid, partner at Shepherd Chartered Surveyors.
“The property is currently used as a club facility, but it could suit a variety of uses, such as a licensed premises, restaurant or potentially a full redevelopment into residential housing, subject to planning.”
With its renowned university, international tourism appeal and limited available land, St Andrews continues to be a magnet for property investment. The opportunity to repurpose or redevelop such a well-located site is likely to attract attention from both local and national investors.
Reid added that all parties interested in redevelopment or change of use should liaise directly with Fife Council’s Planning Department to assess the viability of their proposals.
For further information or to arrange a viewing, interested parties are advised to contact Shepherd’s Dundee office on 01382 878005.
