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25A Whitehill Rd
Glenrothes KY6 2RW

Land For Sale · 17.80 AC

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Investment Highlights

Brownfield development site
Rare opportunity to acquire substantial site within Fife

Planning permission granted for development of 200 residential units

Executive Summary

Factors To Consider: demolition quotes have been obtained by our client ranging from £400,000 to £440,000. These can be provided to all seriously interested parties. Crushed material can be used to provide net saving. Bat surveys recently completed. Access road already in place resulting in significant development cost savings. 5-year consent from 23rd December 2022. Separate access from commercial users and landscaping to buffer residential site from commercial users. Requirement for 9 Affordable Housing units. Off Site contributions – Section 75 Agreement for £113,279.
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

Sale Type	Investment	Property Type	Land
Tenure	Freehold	Property Subtype	Residential
No. Lots	1	Total Lot Size	17.80 AC

Sale Type	Investment
Tenure	Freehold
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	17.80 AC

1 Lot Available

Lot

Price	$4,325,794	Lot Size	17.80 AC
Price Per AC	$243,022.15

Price	$4,325,794
Price Per AC	$243,022.15
Lot 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.

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Listing ID: 29436480
Date on Market: 9/4/2023
Last Updated:
Address: 25A Whitehill Rd, Glenrothes KY6 2RW

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