For Sale Residential Development Opportunity

For Sale Residential Development Opportunity

0141 204 3838 130 St Vincent Street, Glasgow. G2 5HF Tel: 0141 204 3838 Fax: 0141 204 3554 For Sale Residential Development Opportunity SITUATED IN PRIME RESIDENTIAL AREA DENNY ROAD, WITHIN WALKING DISTANCE OF LARBERT VILLAGE AND TRAIN STATION LARBERT GOOD TRANSPORT PROVISION 1.32 HECTARES (3.26 ACRES) PLANNING APPROVAL IN PRINCIPLE FOR RESIDENTIAL DEVELOPMENT Edinburgh Glasgow Aberdeen Leeds Manchester London LOCATION The property is situated on the western fringe of Larbert, and to the north of Denny Road (B905). To the north and west lies “The Bungalows” (a complex of NHS properties), Larbert House and beyond, Forth Valley Royal Hospital. Larbert Village Centre offering a range of services, including a mainline railway station, is within walking distance as is Forth Valley Royal Hospital. The area is also served by excellent transport connections to the main motorway network with access to the M876 linking to both the M90 and M9. Glasgow, Edinburgh, Stirling and Falkirk are within easy commuting distance. DESCRIPTION The site is green field in character and has recently been used for rough grazing. The site benefits from frontage on to Denny Road (B905) to the south beyond which lies a number of large residential properties and is bounded to the east by residential properties, to the north by “The Bungalows” and to the east by countryside. (See Plan Below) FURTHER INFORMATION Further information is available to parties who register a serious interest in writing to the sole selling agent Ryden LLP. PRICE/OFFERS Offers are invited for our client’s interest in the subjects with vacant possession. The price is to be paid in full on the date of entry. A closing date for receipt of offers will be set in the near future and it is imperative that all interested parties register their interest in writing in order to be advised as to the future closing date and to receive further information as noted above. All offers must stipulate a headline price. Any abnormal costs including planning gain anticipated should be clearly identified. These should be costed to show the various elemental breakdowns and the impact calculated in terms of the offer price. SITE AREA We understand that the site extends to 1.32 hectares (3.26 acres) or Our client’s preference is to receive non conditional offers. However, thereby, all as shown on the plan above. should conditional offers be made, it is preferred that these are subject to the payment of a non-refundable deposit of 10% on conclusion of missives. The deposit shall be deducted from the purchase price, PLANNING payable at settlement. The site is an allocated housing site in the adopted Falkirk Council Local Development Plan (2015) and also benefits from a planning Our clients may reserve the right to introduce appropriate clawback consent in principle for residential development. (See Planning provisions or top-up payments which will apply in the event of any Application Ref P/17/0027/PPP and Planning Appeal Ref PPA-240- enhancement value arising from a subsequent change of use or increase 2052). Further details can be made available to interested in density of the development proposals or increase in revenue. parties. The property is not situated within a Conservation Area. VALUE ADDED TAX/LAND & BUILDINGS TRANSACTION TAX ACCESS Unless otherwise stated, all prices premiums are quoted exclusive The site is split by an existing access road which presently serves of Value Added Tax (VAT). Any intending purchasers must satisfy Larbert House to the north west. It is proposed that this access themselves as to the incidence of VAT in respect of any transaction. road could also service the subject site by creating two new The purchaser will be responsible for any VAT, Land & Buildings junctions as indicated on the layout opposite. The solum of the Transaction Tax, Recording Dues and Copy Extracts that are applicable existing access road which is proposed to be adopted by Falkirk in the transaction. Council, is to be retained by the sellers. VIEWING/FURTHER INFORMATION DEVELOPMENT OPPORTUNITY The site offers an exciting residential development opportunity in By contacting either: a high demand location. The site benefits from having prominent frontage in a highly desirable location. Alan Gilkison Ged Hainey An indicative layout is provided below demonstrating potential T: 0142 270 3138 T: 0141 270 3107 anticipated access arrangements. Email: [email protected] Email: [email protected] Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for 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 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 Messrs Ryden has any authority to make or .

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