This is a significant town centre development site and the adopted Dunfermline & West Fife Local Plan 2012 allocates this site for “comprehensive redevelopment…for retail and complementary uses.”
There is a presumption in favour of retail use on the High Street frontage but we are advised by the Local Planning Authority that a range of alternative uses, including bars, restaurants, leisure, hotel, office and residential will be considered within the development.
Location
Dunfermline is situated on the north side of the Firth of Forth approximately 15 miles north of Edinburgh and is the largest town in West Fife. Dunfermline has a shopping population of approximately 55,000 people and a primary catchment of 129,000 persons.
The town has experienced an unprecedented level of population growth over the last 10 years with a significant residential expansion area to the east of the town and this expansion is set to continue with further major residential areas planned to the west.
The Dunfermline retail offer has been dramatically improved with the opening in 2009 of the 162,000 sq.ft. extension to the Kingsgate Centre, which is now anchored by M&S and a new Debenhams department store. In addition, there is significant additional investment planned for the town centre over the next 5 years which will further enhance Dunfermline as a retail location.
Accommodation
SITE AREA - We understand that the site extends to approximately 0.35 hectares (0.86 acres).
Terms
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.
Specification
- Prominent 0.86 acre - cleared site
- Suitable for retail and a variety of other uses
- Significant frontage to pedestrianised High Street
- Active secondary frontages