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SLG

Fancy £200k toilets?

Fife council have sold a block of public toilets for £200,000 in St Andrews and they will be converted into a house. Went on the market looking for a price of £50k.



http://news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/6229908.stm
Aventinian

I wonder how any developer intends to make any money on this save for demolishing the building and replacing it with flats - which I doubt the local authority would even consider.

I suppose maybe someone just really wanted a house...
SLG

Sounds to me like they're just wanting to convert it whole into a small house. Not sure if they'll actully make much money on it once they've paid to convert it. Will they be able to get £300k for it when they take it back to the market?

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