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Valley Park
Greenock PA16 0AH
Land For Sale · 71.20 AC
Investment Highlights
- Close to local amenities
- Located in Inverclyde's largest town
- Great transport links close to A78
Executive Summary
The subject site is a significant brownfield site which extends to approximately 71.2 acres (gross), with consent for a mixed-use
development comprising residential, industrial / business use, retail & leisure use and park & ride with associated road infrastructure, access, open space, landscaping and drainage. The site was previously occupied by IBM as an electronics manufacturing plant, prior to closure in 2016 due to a relocation of operations.
In September 2022 an application (Planning Ref: 22/0225/ IC) was submitted and later granted in March 2023 to increase the number of residential dwellings from 270 to 450 from the original Planning Permission in Principle (Planning Ref: 20/0021/IC) for a proposed mixed use development comprising residential, industrial/business use, retail & leisure use and park & ride with associated road infrastructure, access, open space, landscaping and drainage.
The vendors are seeking offers for the heritable interest in the site as a whole or alternatively phased sales for the residential and employment land. The preference is for offers to be submitted on a ‘clean’ unconditional basis.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Tenure | Freehold | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 71.20 AC |
| Property Type | Land |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 71.20 AC |
1 Lot Available
Lot
| Lot Size | 71.20 AC |
| Lot Size | 71.20 AC |
The property comprises a residential led, mixed use development opportunity.
Description
The site benefits from a dedicated (disused) train station on the Glasgow-Wemyss Bay line. The IBM Station served the IBM workforce until the facility closed in 2016. Local amenities are available at Branchton c. 1.2 miles north east of the site which includes Greggs, Nisa Local, Domino’s and a BP Garage with an M&S store. Greenock Town Centre is located within a 10 minutes’ drive via the A78 providing a wide range of amenities including local shops, bars, cafés, restaurants, major retailers, supermarkets and leisure facilities.
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