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Land

Auction
Land
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Features and description

  • Status: Available
  • Type: Land
  • Ownership: Freehold
  • Occupation: Vacant
  • AUCTION DATE: 11 January 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

OUTSTANDING OPPORTUNITY *POTENTIAL COMPLETED DEVELOPMENT VALUE IN EXCESS OF £5 MILLION* The consent referred to the erection of six detached four or five bedroom units, with gross internal floor areas ranging from 2,088 sq ft to 2,390 sq ft Former Leisure Centre/ Primary School with lapsed planning permission for 6 residential dwellings in PRIME RESIDENTIAL DEVELOPMENT LOCATION between Kilmarnock and Newton Mearns. Planning consent was granted for demolition of vacant building, erection of six detached dwelling houses and formation of new access and associated traffic calming measures. Planning is now lapsed. The site contains a large single storey former leisure centre and primary school offering the potential for redevelopment for commercial or light industrial use (subject to necessary consents). *Realistic completed development value of up to £2.5 million if 6 detached houses built* (subject to re-instatement of planning). *If planning permitted on paddock total value would exceed £5 million* Figures are based on £425,000 per property. New build properties in neighbouring Fenwick have recently sold for in excess of £500,000 with properties in the Rowallan Estate, Kilmaurs sold in excess of £800,000. Total Site Area 1.4 Acres (5,600sqm approx). The auctioneer is advised that the main site measures around 0.73 acres with the paddock measuring 0.67 acres and offering additional development potential.

Auction Details
11 January 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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