The Windsor Hotel, Nairn
GVA James Barr
For Sale The Windsor Hotel, 16 Albert Street, Nairn, IV12 4HP Development Opportunity June 2016
• Excellent location in close proximity to Nairn town centre. • Development opportunity to convert property to create a small guest house and 13 residential apartments (7x 3bed apartments and 6x 2 bed apartments). • Benefit of 30 car parking spaces within title under proposed development.
gva.co.uk/10130
Location
Tenure
The property is located on Albert Street in close proximity to Nairn Town Centre. Nairn is a market town located approximately 16 miles east of Inverness with an established reputation as a popular seaside resort with two championship golf courses.
Heritable (Freehold) under Title Number NRN2035.
Planning We understand that the property has planning consent for conversion to a small guest house and 13 residential apartments (7 x 3 bedroom apartments and 6 x 2 bedroom apartments.) Ref 15/04635/ FUL. We understand that a draft S75 Notice has been agreed and that the affordable housing contribution will be provided off site for the commuted sum of £72,850. In addition there will be an educational contribution of £845. We understand that the proposed payment dates for this commuted sum have been agreed under the following mechanism :
a) 25% payment within ten working days of completion of the sale of the fourth unit; b) 25% payment within ten working days of completion of the sale of the seventh unit; and c) 50% payment within ten working days of completion of the sale of the thirteenth (final) unit.
Sales Pack A sales pack containing further information on planning and title is available on request.
Legal Costs Each party will be responsible for their own legal costs.
Proposal Offers are invited for the heritable interest by the administrators of Arrantay Limited.
Description The property comprises a three storey property which was originally of stone construction but has been extended over time to include single storey extensions and box dormer extensions with flat roof and harled walls. The property benefits from an extensive yard which provides a total of 30 car parking spaces for the development.
For further information or an appointment to view please contact: John Leatham T: 0131 469 6033 E: [email protected]
GVA James Barr is a trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents 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 intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
For Sale The Windsor Hotel, 16 Albert Street, Nairn, IV12 4HP Development Opportunity June 2016
• Excellent location in close proximity to Nairn town centre. • Development opportunity to convert property to create a small guest house and 13 residential apartments (7x 3bed apartments and 6x 2 bed apartments). • Benefit of 30 car parking spaces within title under proposed development.
gva.co.uk/10130
Location
Tenure
The property is located on Albert Street in close proximity to Nairn Town Centre. Nairn is a market town located approximately 16 miles east of Inverness with an established reputation as a popular seaside resort with two championship golf courses.
Heritable (Freehold) under Title Number NRN2035.
Planning We understand that the property has planning consent for conversion to a small guest house and 13 residential apartments (7 x 3 bedroom apartments and 6 x 2 bedroom apartments.) Ref 15/04635/ FUL. We understand that a draft S75 Notice has been agreed and that the affordable housing contribution will be provided off site for the commuted sum of £72,850. In addition there will be an educational contribution of £845. We understand that the proposed payment dates for this commuted sum have been agreed under the following mechanism :
a) 25% payment within ten working days of completion of the sale of the fourth unit; b) 25% payment within ten working days of completion of the sale of the seventh unit; and c) 50% payment within ten working days of completion of the sale of the thirteenth (final) unit.
Sales Pack A sales pack containing further information on planning and title is available on request.
Legal Costs Each party will be responsible for their own legal costs.
Proposal Offers are invited for the heritable interest by the administrators of Arrantay Limited.
Description The property comprises a three storey property which was originally of stone construction but has been extended over time to include single storey extensions and box dormer extensions with flat roof and harled walls. The property benefits from an extensive yard which provides a total of 30 car parking spaces for the development.
For further information or an appointment to view please contact: John Leatham T: 0131 469 6033 E: [email protected]
GVA James Barr is a trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents 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 intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
