Rare income-producing development opportunity beside Chatelherault Country Park, with potential to expand the site through the future purchase of neighbouring council-owned land.
Starting bid: £58,000.00
Item condition: New
Auction has not been started yet.
Start On: September 16, 2026 10:00 am
Ending On: September 16, 2026 2:00 pm
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Outstanding development and investment opportunity in an affluent residential location beside Chatelherault Country Park.
Rare opportunity to acquire a freehold former telephone exchange within one of Hamilton’s most desirable residential areas, on the doorstep of Chatelherault Country Park.
The property is currently tenanted at £395 per month until June 2027, producing an immediate rental income of £4,740 per annum. This allows an incoming purchaser to receive income while exploring and progressing any longer-term plans for the property.
Originally constructed as a telephone exchange, the building has subsequently provided multiple uses. It offers potential for conversion or reuse of the existing building, or alternatively demolition and redevelopment of the site, subject to the existing tenancy and all necessary planning consents.
A substantial area of land behind the property is currently owned by the local council. The seller advises that they previously explored the possibility of purchasing this additional land and that the council indicated a willingness to consider a sale.
This may provide an incoming purchaser with an interesting opportunity to approach the council and explore increasing the overall site area.
Prospective purchasers must make their own enquiries directly with the council. Neither the seller nor Braveheart Auctions can provide any assurance regarding its availability, price, eventual sale or future use.
The subjects enjoy a peaceful setting while remaining highly accessible, with Ferniegair village, Hamilton town centre, local schooling and transport links all close at hand.
Properties and development opportunities within this location are rarely brought to the open market, making this an attractive proposition for investors, developers, small businesses and owner-occupiers seeking a distinctive project.
Recent nearby residential sales include:
39 McAuley Way, Hamilton – sold September 2025 for £310,000
21 Galloway Avenue, Hamilton – sold September 2025 for £276,500
34 Ballantyne Drive, Hamilton – sold April 2025 for £287,000
The property is offered without planning permission. Any change of use, conversion, demolition, extension or redevelopment will be subject to the existing tenancy and all necessary planning permissions, building warrants and other consents.
Prospective purchasers must make their own enquiries with the local planning authority and obtain independent professional advice before bidding. Braveheart Auctions cannot provide planning advice or make any representation that consent will be granted.
This lot will be sold under auction terms and conditions by Braveheart Auctions.
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The seller of this lot has indicated that pre-auction offers will be considered. An offer can be submitted by click on the button below and completing the form.
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