French Gothic mansion in Arbroath to go under the hammer for £1
dailyrecord.co.ukArbroath was built in the 19th century.But there’s a catch.The auctioneers describe the building as being in a “poor” state – and it features on the Buildings at Risk Register.National Property Auctions recommends anyone thinking of making a bid should take legal advice first.Managing director Mandi Cooper said: “This property is a massive opportunity for a developer to restore the building to its former glory.“The Elms was built for the mill-owning Corsar family.
It operated as a hotel until World War II, when it was requisitioned by the War Office, before becoming a children’s home.”The lack of a reserve price means that if £1 is the highest bid, the mansion will sell for that.Bids must be made at nationalpropertyauctions.co.uk by 11am on.
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