Friday, June 22, 2007

£200,000 for a toilet

The property market in Scotland has reached a new high with a public toilet being sold for almost £200,000. The toilet block in historic St Andrews has sold at auction for about four times the guide price.

The stone block, in the Fife town's City Road, has been sold to a mystery developer from the west of Scotland who plans to convert it into a house. Fife Council put the block on the market, along with other properties, after closing it to the public.

Golfing mecca St Andrews already boasts the most expensive street in Scotland - overlooking the Old Course.

An unexpected bidding war broke out when the toilet block went under the hammer at a property sale in the Quality Central Hotel in Glasgow.

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