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CLOSING DATE - 2.30PM MONDAY 22nd MAY 2023, Development Opportunity, 6 Park Street, Falkirk, FK1 1RE

0.3 acres / Land / Mixed Use

Sold - Last updated: 24 July 2023

Within the site is a substantial stone-built building, generally over two floors and benefits from its own small parking area. This property was constructed with sandstone walls and a pitched slate roof in 1846 as a grammar school and in later life was used as a community education centre. The property is C Listed and is within the Falkirk Town Centre Conservation Area.
 
The property should be suitable for several uses including Class 4 office/workspace, restaurant/leisure use, and community use, as well as conversion to residential use by subdivision into several units A layout plan of the ground floor is below, and a copy of this plan ground and first floor plan is available on request.
 
Potential uses, subject to all necessary consents, including planning, include re-use as office or reversion to and industrial or storage use.

Location

This property was most recently known as the Park Street Community Education Base. It is located on a corner plot at the Junction of Princes Street and Park Street close to Falkirk town centre.
 
The town of Falkirk is the largest town in the Falkirk Council area and lies approximately mid-way between Edinburgh and Glasgow. Within a few minutes’ walk is: the centre of Falkirk with its extensive retail and other services; main bus routes; Grahamstown Railway Station and Central Retail Park.
 
The immediate area is of mixed use with commercial uses to the north, south and west and residential to the east. Adjacent on the west is the City Nightclub.

Accommodation

SITE AREA
0.12 Hectares (0.296 Acres) of which the building occupies 570 sq.m.
 
FLOOR AREA (Gross Internal)
Ground Floor - 328 sq.m Net Internal approx.
First Floor - 190 sq.m Net Internal approx.

Terms

PRICE
Offers are invited at the closing date to be in the region of £150,000.
 
RATEABLE VALUE
£55,000. (April 2023) Scottish Assessors Association Ref No 391/117/00800/A.
 
Being C Listed and unoccupied it is understood that currently full business rates relief applies.
 
SERVICES
Mains water, sewerage, electricity and gas are available. Interested parties should contact service providers to satisfy themselves as to the adequacy of services to the property.
 
EPC
The current Energy Performance Certificate Rating is shown as E.
 
PLANNING
Potential purchasers should gain a copy of the Part Street Community Education Centre Site Planning Statement which gives planning advice. (Available from keithraffan@falkirk.gov.uk).
 
The property is a C-Listed building and lies with the Falkirk Town Centre Conservation area which has associated planning policies and restrictions on development of the building.
 
Offers must comply with the Planning Statement and potential bidders can also make their own enquiries of the Falkirk Council Planning Department email dc@falkirk.gov.uk
 
Potential purchasers can make their own enquiries of the Falkirk Council Planning Department, email dc@falkirk.gov.uk
 
CONSERVATION BURDEN OVER PROPERTY
The following conservation burdens in terms of Section 38 of the Title Conditions (Scotland) Act will be imposed on the Burdened Property in favour of the Council.
 
(One) The demolition of the 19th century Building, which is of local historical significance, is expressly prohibited in all time coming.
 
(Two) The Building will be maintained wind and watertight and in good order and repair structurally, externally, and internally in all time coming.
 
(Three) The Burdened Owner will renovate the Building and bring the same into daily use no later than the date occurring exactly two years after the Date of Entry.
 
OFFERS
Formal offers to purchase the heritable interest from Falkirk Council must be in Scottish Legal Form.
 
Offers should include information regarding the retention of the main building and future proposed use/development of the property to demonstrate compliance with the terms of the Planning Statement.
 
The purchaser accepts the subjects in their existing condition. Offers to purchase based on a formulaic basis will not be considered for the property. The purchaser accepts the subjects in their existing condition, it should be noted that the gas boiler is not operational and will likely require replacing.
 
Please note that the purchaser will be responsible for paying Falkirk Council’s reasonable legal costs in relation to this transaction plus a fee of £200 for the preparation of the title deed plan.
 
The ADDRESS LABEL must be affixed to the offer envelope (if no address label enclosed, please contact us and we will supply same) and offers must be received prior to the closing date of: XXXm, Monday 22nd May 2023. Offers should be submitted to:-
 
Team 4
Customer & Business Support,
Falkirk Council,
Abbotsford House
Davids Loan
Falkirk
FK2 7YZ
 
If being hand delivered, access to Abbotsford House is via Lammermoor Avenue.


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