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DEVELOPMENT Larbert, FK5 4WR Development1 Galbraithgroup.Com Site Galbraithgroup.Comstirling Road, Larbert, FK5 4WR A9 M9 KEY FEATURES M876 Torwood J7 J8 A88

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DEVELOPMENT Larbert, FK5 4WR Development1 Galbraithgroup.Com Site Galbraithgroup.Comstirling Road, Larbert, FK5 4WR A9 M9 KEY FEATURES M876 Torwood J7 J8 A88 Residential Stirling Road, DEVELOPMENT Larbert, FK5 4WR Development1 galbraithgroup.com Site galbraithgroup.comStirling Road, Larbert, FK5 4WR A9 M9 KEY FEATURES M876 Torwood J7 J8 A88 M80 A905 M876 • Approximately 10.94 acres (4.42 hectares) B902 M9 • Planning permission in principle for A88 residential development J2 Stenhousemuir Larbert • Prime development site for 60 units with A883 scope for additional units Glensburgh B902 J6 Grangemouth • Located within popular town of Larbert Denny J1 A9 A9 • Excellent access to Central Scotland, the A883 Bainsford Falkirk M80 M80, M9 and M876 motorways M876 A904 • Direct access from a public highway A803 Camelon A803 J5 A9 • Services adjacent to site J5 Laurieston • Signed Section 75 agreement Bonnybridge J4 A803 M9 • Technical Information available Callendar Park Polmont • Offers Invited Redding Glen Village DESCRIPTION LOCATION The site is located on the western edge of Larbert. The land is located on the western edge of Larbert located a short distance to the south of the Forth Valley Hospital The site is irregular in shape and extends to and to the west of the town centre. Larbert is a popular commuter town and has excellent East-West-connectivity with approximately 10.94 acres (4.42 hectares). The land a mainline rail station within walking distance of the site, with regular services to Edinburgh (approx. 40 mins) and is currently in agricultural production and bounded Glasgow (approx. 30 mins). The town is also well located for access to the national road network with the M9, M80 and to the east by Stirling Road, to the north by the Forth M876 motorways all within 3 miles. Valley Hospital and the west by agricultural land that forms the open space provision associated with the Local amenities can be found on Main Street a short distance to the south east including, local convenience stores, future development of the site. hairdressers, takeaway restaurants, professional service and a pharmacy. Further services are available to the east in Stenhousemuir, including an Asda supermarket and other national retailers. It is proposed the land will benefit from direct access from Stirling Road. Nearby primary and secondary schooling is available at Larbert Primary School located on Main Street and secondary schooling at Larbert High School on the southern edge of the town. 2 galbraithgroup.com Stirling Road, Larbert, FK5 4WR PLANNING The site benefits from a resolution to grant planning permission in principle issued by the Reporter on 6th December 2018. Planning Application Falkirk Council Planning Ref: P/17/0632/PPP Proposal: Proposed Residential Development, Access, Landscaping, Open Space and Associated Works Scottish Government Appeal Ref: PPA-240-2055 Date of decision: 6th December 2018 DATA ROOM AND TECHNICAL An indicative masterplan has been designed to provide predominantly medium to low INFORMATION PACK density housing with a mix of detached, semi-detached and terraced housing. The planning consent has an indicative capacity for 60 houses. It is considered that there is scope to increase the unit numbers through a detailed planning application. A technical information pack has been prepared, containing relevant information in relation to the planning consents, masterplan drawing, design and access A Section 75 agreement has been signed covering education contribution, affordable statement, service infrastructure plans, site investigation report, drainage strategy housing provision and open space requirements. It is proposed that the field survey, archaeological survey and other information required by interested parties to immediately to the west of the development site will be used to facilitate the open undertake the necessary due diligence to quantify their bids to purchase. space provision associated with the development site, being accessible to the public and facilitating links to nearby woodland. The pertinent information is available via an online data room – please contact Galbraith for access. The Section 75 confirms that at least 25% of the units will be delivered as affordable housing on-site. Alternatively, the planning permission in principle (P/17/0632/PPP) can be viewed on the Falkirk Council’s planning portal: http://edevelopment.falkirk.gov.uk/online/ simpleSearchResults.do?action=firstPage An area of land to the south of Quintinshall Road extending to approximately 2.57 OR acres (1.04 hectares) has been set aside as a SUDS area. The land between the development site and the SUDS area is owned by our client and all necessary drainage The planning appeal documents (PPA-240-2055) can be viewed on the Scottish rights will be granted. Government’s Planning and Environmental Appeals Division website: http://www. dpea.scotland.gov.uk/CaseSearch.aspx?T=1 Any further planning enquiries can be directed to Falkirk Council: 01324 504 748 or [email protected] 3 galbraithgroup.com Stirling Road, Larbert, FK5 4WR METHOD OF SALE OFFERS ARE INVITED FOR THE FREEHOLD INTEREST IN THE SITE WITH VACANT POSSESSION. As noted in these particulars we consider there is scope to increase the density on site. Accordingly, we will consider offers on acompliant basis (offering on the basis of 60 units with overage) and non-compliant offers (offering on the basis of 60+ units). OPEN SPACE Offers should be presented in heads of terms format and should include the following minimum information: • Bidding party name, company name and status • Headline/Greenfield Price and method of payment • Conditions of purchase • Proposed use, total unit numbers/total sales area (sq ft/m)/headline sales prices (sq ft/m) with proposal for overage payments on subsequent uplifts above these baseline figures • Proposed timescales for further due diligence and anticipated key delivery dates for submitting a planning application • Anticipated constraints and issues • Proof of funding • Requirement for Board approval and other third party approval • Legal representatives details A deposit of £75,000 will be paid on the conclusion of missives, the deposit will be non-refundable but deductible from the purchase price. Interested parties will be notified of a closing date and requested to submit a heads of terms offer. Galbraith will issue the required form of offer to interested parties on notification of the closing date. The form of offer will include the minimum information required and timescales. SUDS We recommend that interested parties note their interest in the site in order to be kept informed of any closing date and to receive any additional pertinent information. It is expected that interviews will be held with selected bidders. Once a preferred bidder has been selected it is expected that an offer to sell will be issued by our client’s solicitor. The masterplan is indicative and does not form part of the PPiP 4 galbraithgroup.com Stirling Road, Larbert, FK5 4WR LEGAL COSTS OUR EXPERTISE Development land sales Each party will be responsible for bearing their own legal costs. The Investment sales & acquisitions purchaser/s will be responsible for LBTT, registration dues and VAT Investment consultancy incurred in connection with the transaction. Asset Management Building surveying VIEWING AND FURTHER INFORMATION Commercial valuation Professional services Project co-ordination The site is open and may be viewed without prior appointment, however, parties are asked to give due Property management courtesy to owners of the property and to give due Sales, lettings & acquisition consideration to bio security risks and welfare of any livestock present on the subjects. Any enquiries or requests for further information should be directed to the sole selling agents as undernoted. Galbraith Gladman Scotland Suite C, 2 Eliburn Office Park, Stirling Agricultural Centre, Eliburn, Stirling, Livingston, FK9 4RN EH54 6GR Harry Stott Michael Izzi [email protected] [email protected] 01786 434 630 01506 424 935 07909 978 644 Chris Addison-Scott Lynsey Fraser [email protected] [email protected] 01786 434 625 01506 424 933 07717 581 741 Offices across Scotland | Sales & Lettings | Farm & Estate Sales & Acquisitions | Commercial | Rural | Energy Forestry | Property & Land Management | Sporting | Agricultural Loans | Subsidy Trading & Advice The Agents for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the Agents has any authority to make or give any representation or warranty whatever in relation to this property. Galbraith is a trading name of CKD Galbraith LLP registered in Scotland number S0300208 with registered address 59 George Street, Edinburgh, EH2 2JG Date of publication: April 2019.
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