development opportunity for sale - NovaLoca

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DEVELOPMENT OPPORTUNITY FOR SALE Edinburgh 0131 225 6612

Glasgow 0141 204 3838

Aberdeen 01224 588866

Leeds 0113 243 6777

Dundee 01382 227900

Inverness 01463 717202

130 St Vincent Street, Glasgow. G2 5HF Tel: 0141 204 3838 Fax: 0141 204 3554

DRIP ROAD STIRLING 2.6 ACRES OR THEREBY • PROMINENT ROAD FRONTAGE • SITUATED IN MIXED USE AREA ON FRINGE OF STIRLING CITY CENTRE • RECOGNISED COMMERCIAL LOCATION ADJACENT TO SAINSBURYS SUPERMARKET AND CLOSE TO McDONALDS RESTAURANT

Contact: Russell Rutherford Doreen Elliott Telephone: 0131 270 3128 [email protected] [email protected]

OFFERS All offers to purchase the subjects as a whole or two separate sites, must be submitted in writing in Scottish standard legal form. Our clients are under no obligation to accept the highest or any offer. Where offers contain suspensive conditions, timescales for purification of these conditions must be stipulated. Any conditional offers must be subject to the payment of a nonreturnable deposit of 10% of the purchase price, payable on conclusion of missives. The deposit being a payment to account of the overall price. A closing date will be set for receipt of offers and all interested parties must register their interest with Messrs Ryden LLP, sole selling agents, in order to be advised of the setting of any future closing date.

The sites are located on the south side of Drip Road in a mixed use area including commercial development with such users as Sainsbury’s Superstore, a McDonald Restaurant being nearby. The sites are close to the New Community Campus as well as the recently relocated Forth Valley College. The site is well positioned for public transport and access to the motorway network. DESCRIPTION The sites form an “L” shape which is capable of development, with access being from Drip Road all as shown on the plan, outlined red. Site A can be developed in isolation but could also be included in an overall development proposal with Site B. SITE AREA The site areas as are follows:

Site A

0.14 hectares (0.34 acres)

Site B

0.94 hectares (2.33 acres)

Total

1.08 hectares (2.67 acres)

VALUE ADDED TAX/STAMP DUTY LAND TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser must satisfy themselves as to the incidence of VAT in any transaction.

SERVICES It is understood that all mains services are available to the site but parties should make their own enquiries of the utility organisations.

The purchasers will be responsible for any Stamp Duty Land Tax cost, Recording Dues and Copy Extracts that are applicable for any transaction.

PLANNING Stirling Council adopted the Stirling Local Development Plan on 24 September 2014.

VIEWING/FURTHER INFORMATION Any further technical or background information on the property can be viewed or downloaded at http://ryden.co.uk /search/property/2736

At present, the two sites are located in the LDP (2014) as; A (H131) – Housing B (B04) – Employment site / Housing site The site falls within the area of the Raploch Masterplan which has seen 250 new houses developed in recent years, with sites for a further 550 new houses identified on the Local Developement Plan. DEVELOPMENT OPPORTUNITY The property offers an excellent opportunity for redevelopment of the subjects either as a whole or as two separate sites, for a range of uses.

RYDEN LLP 130 ST VINCENT STREET GLASGOW, G2 5HF TEL: 0141 270 3128 FAX: 0141 204 3554 E-MAIL: [email protected] [email protected] Date of Publication – November 2014

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 give any representation or warranty whatever in relation to this property

Produced and Printed by DTP 0131 657 1001

LOCATION Stirling, a former capital of Scotland, is the centre for local government, higher education, retail and industry. The population of the City was 45,750 in 2012 and for the wider Council area, a population of 89,850, with the majority of the population being located in the south east corner, in the City.