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25A Whitehill Rd 17.8 Acres of Residential Land Offered at £3,500,000 in Glenrothes KY6 2RW
INVESTMENT HIGHLIGHTS
- Brownfield development site
- Rare opportunity to acquire substantial site within Fife
- Planning permission granted for development of 200 residential units
EXECUTIVE SUMMARY
Planning permission in principle has been approved for the development of up to 200 residential dwellings. These will comprise a mix of predominantly detached and semi-detached properties and a small number of residential apartments which will be two and three storey in height. Further details available on Fife Council website and the vendor has provided a data room with the relevant information.
PROPERTY FACTS
| Price | £3,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Tenure | Freehold | Proposed Use | Build-to-Rent |
| No. Plots | 1 | Total Plot Size | 17.80 ac |
| Price | £3,500,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Build-to-Rent |
| Total Plot Size | 17.80 ac |
1 PLOT AVAILABLE
Plot
| Price | £3,500,000 | Total Plot Size | 17.80 ac |
| Price Per ac | £196,629.21 |
| Price | £3,500,000 |
| Price Per ac | £196,629.21 |
| Total Plot Size | 17.80 ac |
There is approximately 120,000 sq. ft. of derelict industrial buildings located upon the land whilst the remaining industrial units within the centre of the estate have been separately disposed of to owner occupiers and investors.
DESCRIPTION
The site is in a mixed-use area approximately 1.8 km southeast of the Town Centre. Access is off Golf Course Road where surrounding occupiers comprise the existing Whitehill Industrial Estate, Inch Dairnie Distillery, Fife Airport and the Golf Course. This is an urban setting with excellent commuter links. The site comprises a brownfield site forming part of the Whitehill Industrial Estate which dates from the 1960’s. An area of 7.2 hectares has been identified for residential development. There is approximately 120,000 sq. ft. of derelict industrial buildings located upon the land whilst the remaining industrial units within the centre of the estate have been separately disposed of to owner occupiers and investors.
Presented by
25A Whitehill Rd
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