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Development Opportunity, The Avenue, Lochgelly, KY5 9HG

0.59 to 3.75 acres / Land / Mixed Use

For Sale

Under Offer - Last updated: 18 January 2024

The subjects present a prime development opportunity for a business looking to locate in a thriving and vibrant business/ industrial park. The access road has already been constructed making the various sites suitable for immediate occupation. The subjects would be suited to light industrial, office, manufacture or storage and distribution business subject to planning permission.

Sites are available in a range of sizes from 0.59 acres (0.24 ha) up to 3.75 acres (1.52 ha). The sites are available individually or in any combination depending on an individual’s requirements. 

Location

Lochgelly is situated in West Central Fife with a population of approximately 6,500 which is set to increase. Through the Scottish Sustainable Communities Initiative, Lochgelly is receiving significant investment in regeneration and positive development. Being on the Fife Circular rail line and adjacent to the A92 dual carriageway, Lochgelly has excellent infrastructure links to Edinburgh and Fife’s main towns. 

The site is located within The Avenue Industrial Park, Lochgelly. The estate is a well established and vibrant employment and business hub with superb access onto the distributor road network lying minutes from the A92, connecting to the M90 and central Scotland motorway network. 

Accommodation

The following sites are available:-

Site 5 - 0.59 acres  (0.24 Ha)

Site 6 - 0.67 acres  (0.27 Ha)

Site 7a - 1.12 acres (0.453 Ha)

Site 7b - 1.37 acres  (0.55 Ha) 

Total - 3.75 acres (1.52 HA)

Terms

PLANNING - This development opportunity is in an area currently suitable for Class 4 (Office/Light Industrial), Class 5 (General Industrial) and Class 6 (Storage and Distribution) uses. Interested parties should make their own enquiries of the local planning authority, Fife Council, in relation to any proposed uses for the site.

TENURE - Heritable interest.

PRICE - On application.

LEGAL - Each party to bear their own legal costs in the documentation of this transaction; however, the purchaser will be liable for Land and Buildings Transaction Tax, Registration Dues etc & VAT incurred thereon. The land will be sold or leased subject to a condition that any development proposal will be required to be completed within an agreed timescale and, further, will be sold and/or leased subject to a use restriction having regard to the current planning status and shall include, as appropriate, any claw-back provisions and standard security, as necessary, and otherwise subject to any other terms and conditions as may be agreed.

VAT - Any prices quoted are exclusive and may be subject to VAT.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers invited For Sale Freehold NA NA

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Contact agents

Ronnie Hair

Fife Council

01592 730116

Business Property Team

Fife Council

01592 730286

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