×
google news

Former Banffshire school set for auction with competitive starting price

Troup House School in Gamrie will be auctioned with a guide price of £600,000.

Image of the former Banffshire school for auction
Discover the unique opportunity to bid on the former Banffshire school.

Overview of Troup House School

Troup House School, located in Gamrie, Banffshire, is preparing to go under the hammer next month, with a guide price of £600,000. This former residential school, which closed its doors in 2023, is now being offered at a significantly reduced price compared to its initial listing of £1.1 million.

The property spans 43 acres of picturesque woodland and lawns, making it an attractive prospect for developers looking to repurpose the site.

Background and Closure of the School

Opened in 2006, Troup House School provided education and social support to children aged eight to 16.

However, following an unannounced inspection by the Care Inspectorate in 2023, the school was found to have “significant weaknesses” in its operations. Despite the staff’s efforts to meet the required standards, the school was issued an urgent improvement notice, leading to its eventual closure. Students were relocated to alternative accommodations, marking the end of an era for the institution.

Details of the Auction

The auction, organized by Auction House Scotland, is set to commence on June 5 at 2 PM. Auctioneers are optimistic about the event, describing the starting price as “hugely competitive.” They anticipate a strong interest from potential bidders, especially given the property’s expansive grounds and versatile layout. The main building features 12 bedrooms, communal spaces, and facilities that could be adapted for various uses.

Potential Future Uses for the Property

With its vast estate and existing infrastructure, Troup House School presents numerous opportunities for redevelopment. Auctioneers have suggested several potential uses, including transforming the site into an outward bound center, restoring it as a school, or converting it into residential properties. The property also includes four log buildings previously utilized as offices and classrooms, along with an outdoor store, double garage, and workshop, further enhancing its appeal to developers.

Conclusion

The upcoming auction of Troup House School represents a unique opportunity for developers to acquire a substantial property at a competitive price. As the bidding date approaches, interest is expected to grow, potentially leading to a new chapter for this historic site. Whether it becomes a center for outdoor activities or a residential development, the future of Troup House School is poised for transformation.


Contacts:

More To Read