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Residential Development Opportunity

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Residential Development Opportunity Residential Development Opportunity LAND NORTH OF LOUDON STREET, DRAFFEN EAST, STEWARTON KA3 5LG Location The site is located to the north of Loudoun Street on the eastern edge of the historic town of Stewarton, 5 miles north of Kilmarnock, and some 5 minutes drive from Junction 7 of the M77 Motorway. The town is ideally located for commuters, being equi-distant from Ayr and Glasgow. Stewarton also benefits from a local railway station which besides providing a 30 minute service to Glasgow also provides regular access to Kilmarnock and Ayr. Prestwick International Airport is located 17 miles to the south of Stewarton and Glasgow International Airport is 30 miles north. Stewarton has a population of 7,000 and the town was made a Strategic Expansion Location for the Glasgow Link Corridor in the current Ayrshire Joint Structure Plan. The nearby town centre has a good range of local amenities including a Sainsbury’s, post office, pharmacy and health centre, together with a general range of shops , restaurants and cafes. However, for those seeking a wider range of shopping facilities the Avenue at Newton Mearns and the Silverburn Shopping Centre are within easy reach. The rural setting provides access to numerous walks and cycle paths. Stewarton has a number of Nurseries, Primary Schools and a highly regarded secondary school, Stewarton Academy, which is only a 5 minute walk from the site. In recent years the town has grown as a popular place to live with several new developments having already taken place. Recreationally the town is well served with a new £5 million sports facility, an active bowling club, golfing facilities, and many other club activities. Description The site extends to a gross area of approximately 9.31 ha (23 acres). It is situated to the south east of Draffen, north of Loudon Street and south of Cutstraw Road. There are large modern detached dwellings by John Dickie Homes bordering the site to the west, and well established tree plantations on the northern and eastern boundaries of the site. Ancient hedgerow runs from the south east corner of the site along Loudon Street to where a new roundabout will be located. Beyond the immediate site boundary of trees to the east lies NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the open countryside. permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (L&P) Limited. PlanninG Viewing These include road/ access design solutions as well The site is available for inspection however parties should The site is allocated for residential development as a flood study, site investigation and environmental advise the selling agents when they propose visiting the purposes within the adopted Local Plan which covers reports etc. Drainage Consent, in principle has recently site due to the sensitive setting of it. the site, and benefits from planning permission which been approved, providing the purchaser with a provides for the residential development of the site. ‘ready to build’ site. All reports can be viewed via our A Section 75 Agreement relating to this planning dedicated dataroom http://sites.savills.com/eastdraffen. permission is also in place. An application for the Technical The password to access this is available on request. approval of those “matters specified” under the planning permission (reference 14/0903/AMCPPP) was Our client can deliver all without the need for any third submitted to East Ayrshire Council and approved in information party land outwith their control. August 2015. Our client has commissioned various reports in respect of the site to ensure that the site is capable of being The development proposed for the site includes the developed in line with the planning consent granted. erection of 150 dwelling houses, with associated open space and infrastructure provision, which includes the provision of an on-site SUDs basin. Access to the site will be taken via a new roundabout which will be formed on Loudon Street which lies to the south of the site. A pedestrian connection will be provided at the north end of the site, linking the site with Cutstraw Road. In line with the provisions of the planning permission/ Section 75 Agreement, this development will not be subject to any affordable housing requirement. Interested parties should direct all planning related enquiries to East Ayrshire Council’s Planning Department. Offers Our client is seeking non-conditional offers from residential developers for the heritable interest in the site. Bidders will be expected to take full cognisance of the information available in the dedicated data room prior to closing date. Offers must be submitted in Heads of Terms format form to the Selling Agents. A closing date for offers may be fixed and prospective purchasers are advised to register their formal interest with the Selling Agents at an early stage. A737 GLASGOW INTERNATIONAL AIRPORT GLASGOW GLENGARNOCK DUNLOP M77 STEWARTON THE SITE B778 J7 KILWINNING A737 PRESTWICK INTERNATIONAL AIRPORT KILMARNOCK NEWMILNS NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (L&P) Limited. GALSTON Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Selling Agent: Savills Emma Biggin Jamie Doran 163 West George Street [email protected] [email protected] Glasgow, G2 2JJ +44 (0)141 222 5899 +44 (0) 141 222 5878.
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