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Hotel Suitable For Development Opportunity, The Ivy Hotel, 103 Henderson Street, Bridge of Allan, FK9 4HH

7,498 Sq Ft / Leisure / Hotel

For Sale - £599,500.00

Under Offer - Last updated: 19 September 2019

The subjects comprise a two storey and attic “C” Listed detached building which has been extended by various single and two storey extensions. The main building is of traditional stone construction surmounted by a pitched and slated roof.

Externally, the subjects benefit from a sizeable tarmac parking area with further garden areas. The total site extends to approximately 0.5 acres.

The site is well located for re-development due to high capital values nearby. Planning permission would be required for any re-development.

Location

Bridge of Allan is a town in the Stirling council area in Scotland, just north of the city of Stirling. It lies on the Allan Water, a northern tributary of the River Forth, built largely on the well-wooded slopes of the Westerton and Airthrey estates, sheltered by the Ochil Hills from the north and east winds. Most of the town is to the east of the river; the bridge is part of the A9, Scotland's longest road, while the railway line and the M9 pass to the west of the river. Bridge of Allan railway station is on the Edinburgh to Dunblane Line.

The subjects are located on the northern side of Henderson Street between its junctions with Melville Place and Graham Street. Henderson Street forms the main arterial road through the town leading to Stirling and as such benefits from a high level of passing trade. The subjects are well located for their most recent use as a hotel but are also very well suited for residential use or potential re-development.

Accommodation

From sizes provided by our client, we understand that the subject property, measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) incorporating the International Property Measurement Standards and the RICS Code of Measuring Practice to extend to the following approximate gross internal area (GIA):
696.6 sq m (7,498 sq ft)

Terms

PROPOSAL - Offers of £599,500 are invited for the Heritable (Scottish equivalent of Freehold) interest.

RATING - Please contact local rating office for further information

PLANNING - All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Stirling Council Planning Department.

EPC - G

VAT - All prices, premiums and rents quoted are exclusive of VAT.

Specification

  • Offers in the region of £599,500 are sought
  • Prime location
  • Well suited for re-development
  • Large site extending to circa 0.5 acres
  • Neighbouring site may be available subject to discussion with owner

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers of For Sale Freehold £599,500.00 NA

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01786 340190



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