Land For Sale £187,000
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
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
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
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
