CLOSING DATE - Friday 9th July 2021 @ 12 Noon
The subjects comprise a relatively level parcel of land extending to approximately 3.90 acres (1.58 hectares). The site formerly housed a Fife Council depot and has recently been cleared in preparation for a new development and would suit residential use subject to planning . The site is located in a good town centre location in a primarily residential area with a number of commercial properties nearby.
Location
Dunfermline is one of Fife’s principal commercial centres with a resident population now in excess of 50,000 persons and a catchment area understood to lie in the region of 150,000 people. The town has undergone a period of economic expansion over the last 20 years which has provided significant opportunities for both commercial and residential sectors.
The site is situated on the eastern side of Elgin Street a short distance south of its junction with Nethertown Broad Street on the southern periphery of Dunfermline town centre. The area is of a mixed commercial and residential nature with the property lying adjacent to housing and next door to an Army Reserve Centre which we understand may become surplus therefore may become a wider development opportunity.
Accommodation
Approximately 3.90 acres (1.58 hectares)
Terms
CLOSING DATE - Friday 9th July 2021 @ 12 Noon
PLANNING: All planning related queries should be directed to the Fife Council Planning Department.
PRICE: Offers in excess of £XXX (net) are invited. The anticipated purchase price will be heavily dependent upon the form of development proposed and we would anticipate that interested parties will work up a development layout and density, together with a headline price. Developer’s proposals will then be utilised to identify a short-list of interest for further discussion and eventual identification of a preferred purchaser.
VAT: All prices quoted are exclusive of VAT.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
ENTRY: We consider that the date of entry will be closely tied to the purification of planning and other suspensive conditions. We would therefore suggest that this is likely to be 7 days after all suspensive conditions have been purified.
Specification
- Residential Opportunity
- Total Site Area approximately 3.98 Acres (1.61 hectares)
- Suitable for a variety of uses subject to planning
- Cleared Site
- Offers in excess of £XXX (net)