A town centre residential development opportunity enjoying the benefit of detailed planning consent for 12 x 2 bedroom flats including 8 parking spaces within a conservation area. The initial development phase required the demolition of a warehouse which linked into the back of the shops fronting onto 45/47 Burns Statue Square. Part of the facade of the warehouse required to be retained but effectively the site is now cleared of all buildings and would suit development by a Housing Association or a change of use to Student accommodation. Offers in excess of £200,000
Location
The site is highly accessible to all town centre amenities being adjacent to the railway station, opposite the cinema and close to the Ayr Central shopping precinct in Kyle Street. Ayr College and the West of Scotland University are within a 10/15 minute walk.
Vehicular access is from Smith Street but pedestrians can access Burns Statue Square and the High Street via Union Arcade. Ayr is the principal settlement in the South Ayrshire Council area having a resident population of around 46,800.
Accommodation
Total site area approx. 0.15 acre (615 sq. m.)
Terms
PLANNING
Detailed planning consent was granted in June 2006 and the development commenced shortly thereafter with the demolition of a warehouse which previously occupied the site.
ENERGY PERFORMANCE CERTIFICATE (EPC)
Not required.
PRICE
Offers over £XXX are invited.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.
VALUE ADDED TAX
All prices, rents and premiums, where quoted, are exclusive of VAT. Prospective purchasers/lessees are advised to satisfy themselves independently as to the incidence of Value Added Tax in respect of this transaction.
ANTI MONEY LAUNDERING REGULATIONS
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Specification
• Town centre residential development opportunity
• Consent for 12 x 2 bedroom flats
• 8 allocated car parking spaces
• Scope for private/housing association use
• Site area approx. 0.15 acre (615 sq. m. )