Shetland castle for sale for £30,000 but needs £12m upgrade

A castle successful Shetland is connected the marketplace for conscionable £30,000 - but immoderate imaginable purchaser volition besides request a spare £12m.

House-hunters could drawback up Brough Lodge connected the land of Fetlar for little than the terms of a level successful Glasgow.

But investors person been warned that they volition request heavy pockets to screen the outgo of the renovations it requires.

The Brough Lodge Trust has appealed for a "philanthropic entrepreneur" to instrumentality connected plans to alteration the tract into a world-class retreat.

Their proposals would sphere the existing building, which dates backmost to 1820, arsenic good arsenic creating 24 bedrooms and a restaurant.

Brough Lodge is class A listed gathering of nationalist value and is situated connected the north-west extremity of Fetlar.

It was built by a merchant called Arthur Nicholson and it was based connected architecture helium had seen portion travelling successful France, Switzerland and Italy.

A unsocial operation connected the land of conscionable 61 people, it has lain bare since the 1980s erstwhile the past Lady Nicholson moved out.

The past heir of the Nicholson family, Olive Borland, transferred ownership of the property to the Brough Lodge Trust successful 2007 and present sits connected its committee of trustees.

Since taking implicit the estate, the spot has spent much than £500,000 of donations to marque the spot watertight and adhd a caller roof.

Its merchantability terms of £30,000 is substantially little than the mean terms of a location successful Scotland - successful August past twelvemonth that was calculated astatine £195,391 by HM Land Registry.

But the spot estimation that it volition outgo the purchaser £12m to implicit the development.

"The imaginativeness is elemental but effective," the spot explains connected its website.

"Under the plans we person developed, the building's historical quality would beryllium afloat respected."

As good arsenic enjoying sweeping views of the North Sea, guests astatine Brough Lodge would person the accidental to bash yoga and textile classes, and acquisition Shetland traditions of knitting and weaving.

The proceeds of the merchantability of the lodge would spell towards tuition successful manus knitting for children, keeping live a cardinal constituent of the islands' creator heritage, Brough Lodge Trust says.

As good arsenic bringing tourism to the island, the spot said the projected works would bring economical benefits to the land with the instauration of 14 jobs.