Galbraith says ..

Property Oracle says ..

This listing is for a large plot of land, Lot 2 Penston Farm, located near Macmerry, East Lothian. The property’s key feature is its substantial size, approximately 13.81 hectares (34.12 acres). The current designation is for employment use, as defined by the East Lothian Local Development Plan. This suggests the land is suitable for industrial or commercial purposes. However, the potential for future development remains contingent upon obtaining necessary planning permissions. Given that the land is currently agricultural, the existing condition is favorable. The proximity to the Macmerry Industrial Estate could either be beneficial in relation to employment or undesirable, based on potential noise and industrial impacts. Transportation links are a short distance from the property; however, the immediate vicinity lacks residential amenities such as schools and shops. The location may be suitable for certain types of development projects, but its relative remoteness is a factor. The price point should be considered in the context of the potential for future development value and current zoning; it is difficult to make a final conclusion on the value with the limited data on prices for comparable pieces of land.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images