The property comprises a regular shaped cleared and generally level site.The site benefits from having prominent frontage to Hollandhurst Road. Access could potentially be taken from Hollandhurst Road or from either the modern development of the north (Heatherbell Road or from West George Street to the south.
( Agency Pilot Software ref: 4495 )
Location
Coatbridge, one of Lanarkshire’s main towns with a population of approximately 41,000 (2012 Census) has benefitted from significant redevelopment and investment and is now recognised as a thriving, modern town offering excellent education, leisure and retail facilities. The site is located within the northern part of Coatbridge and within an area which has both modern family housing and more traditional housing. The Scottish Museum of Scottish Industrial Life, The Time Capsule Waterpark and Coatbridge Town Centre are all nearby. Good local bus routes serve the subjects and Coatbridge Sunnyside Station is within a short walk of the site which allows fast travel to Glasgow. The site is also well located with good access to Lanarkshire’s main arterial routes and motorways. A range of educational establishments serve the Coatbridge area including Coatbridge High School, St Ambrose School Campus and New College, Lanarkshire (Coatbridge Campus).
Accommodation
The site area extends to 0.66 hectares (1.63 acres) or thereby, all as shown on the plan above.
Terms
PLANNING STATUS The site is allocated in the North Lanarkshire Council’s Local Development Plan, Modified Proposal Plan under Policy PROM LOC3 Housing Development sites as an Existing Housing Site (Site Ref NLMK 1049). North Lanarkshire Council as Planning Authority, accepts in-principle the redevelopment of the subject site for residential development.
DEVELOPMENT OPPORTUNITY The site offers an excellent opportunity for redevelopment for residential use, situated within a well established area
VALUE ADDED TAX/LAND & BUILDINGS TRANSACTION TAX Unless otherwise stated, all prices are quoted exclusive of Value Added Tax (VAT). Any purchaser must satisfy themselves in regard to VAT. The purchaser will be responsible for any VAT, Land & Building Transaction Tax, Recording Dues and Copy Extracts that are applicable in this transaction.
ENVIRONMENTAL CONSIDERATIONS The site was formerly owned and used by Cadent and has been remediated to the standard required for Open Storage. Further details of the remediation work undertaken to date are available on request.
LEGAL & PLANNING COSTS Each party will be responsible for their own legal costs. If the accepted offer is subject to securing planning consent, Ryden is instructed by the owner to monitor the preferred bidder’s planning application. Costs associated with this are to be paid by the preferred bidder on determination of the planning application and this should be reflected in the offer.
Specification
- Allocated for residential development
- Situated in an established housing area
- Excellent transport provision and within walking distance of Coatbridge Sunnyside Station