A major opportunity has been newly brought to the market by Galbraith in Fife this month, with the sale of 240 acres of land at Feddinch Mains, offering a partially formed new golf course together with a semi-derelict farmhouse and steading, just two miles from the centre of St Andrews.
George Lorimer, handling the sale, said:
“This is an outstanding proposition, just minutes from the centre of St Andrews, the Home of Golf and one of the country’s most desirable locations.
“The original planning permission for the site included an 18-hole golf course, a clubhouse with 41 bedrooms and a shop, storage buildings, car parking and the establishment of a renewable energy source. Subject to planning there is potentially scope for a purchaser to continue with the development, and create a superb new course with some lovely coastal views with the benefit of a fantastic unrivalled location.
“The demand for premium and championship-standard golf courses increases year-on-year in Scotland. Notwithstanding the impact that Covid-19 will certainly have, golf-tourism was expected to generate £325m for the Scottish economy this year. Interest in golf continues to show stellar growth, with the best courses attracting national and international visitors.
“The site also has excellent potential for a variety of other commercial uses, subject to planning permission, and is only ten minutes by car to St Andrews and the glorious Fife coast. The purchaser could potentially put their own stamp on the property and take advantage of its excellent location to create a premium tourism-related business.”
Feddinch Mains extends to approximately 240.9 acres (97.5 ha) and comprises a ring-fenced block of land lying to the west of the A915 public road with an entry road already in place and a farm track leading to the farmhouse and steading outbuildings.
The Category B-listed farmhouse is of a traditional stone build over two levels under a slated roof and is in a semi-derelict abandoned condition. Adjacent to the farmhouse is a range of semi-derelict outbuildings. Neither the farmhouse nor the outbuildings have been inspected internally.
The land is gently sloping and has an attractive north easterly aspect with some good views over the town of St Andrews and the Tay estuary beyond. Principally classified as Grade 3:1 by the James Hutton Institute, the land therefore has the potential to be used to produce a wide range of crops, as was the case in the past.