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Residential Development Site, Brook Street, Alva, FK12 5JL

0.71 acres / Land / Residential

For Sale - £250,000.00

Available - Last updated: 30 May 2022

The subjects comprise an area of land, site of a former Mill, located on the northern fringe of Alva, essentially lying at the foot of the Ochil Hills and extending to approximately 0.29 hectares (0.71 acres) and being relatively flat. Access to the site is on its northern boundary which abuts with Ochil Road. The subjects having planning consent for the development of 8 detached units, reference 09/00154/OUT.  An alternative layout has been considered which will provide 12 terraced units. This is a good alternative perhaps better suited to local market demands. This is a good infill site in the village with excellent open outlooks over the adjacent  hillside.

Location

Alva is a pleasant Clackmannanshire town situated at the foot of the Ochil Hills to the north west of Stirling within a group of towns situated along the A91,  collectively known as the Hillfoots, comprising Menstrie, Alva, Tillicoultry and Dollar. The town has a population which lies between 5,000 and 6,000persons with a range of local amenities and facilities commensurate. Stirling lies nearby providing a greater range of services and facilities and is within easy commuting distance.

Accommodation

The recently proposed designs of 12 terraced units which includes 1 flatted unit over pend provide some 892 sq. m of proposed development. Clearly, the original scheme may be implemented or a new development footprint worked up to suit individual requirements.  The terraced scheme has the following make up:-

Apartment - Three apartment - 52 sq m - 1 unit

End Terraced - Three apartment - 60 sq m - 2 units

End Terraced - Four apartment - 80 sq m - 5 units

Mid Terraced - Four apartment - 80 sq m - 4 units 

SERVICES - We are advised that mains water, electricity and gas are available to the site as is a connection to the main sewer. Interested parties are, however, advised to make their own independent enquiries to verify this.

GENERAL REMARKS - This is a compact and easily developed site within the Hillfoots town of Alva which has seen no significant private development in recent years. It is therefore likely that there is pent up demand for the correct product on this site and a development of 8 – 12 units is also likely to sell out within a  reasonable timescale assisting with cash flows and keeping development costs minimised.  Interested parties will require to make their own detailed enquiries of the Local Planning Authority.  

Terms

PRICE - Offers in excess of £250,000 are invited.

Specification

  • 0.21 hectares (0.71 acres)
  • Planning consent for 8 detached units – revised proposals for 12 units
  • Good amenity on periphery of town
  • Open views across Ochil Hills

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £250,000.00 NA

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Michael McIntyre

DM Hall

01324 910074

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