The subjects comprise a generally rectangular site which is situated approximately 800m west of the town’s main commercial facilities on Bonnygate. The site has a gross frontage of approximately 58m to the A91 and an average depth of approximately 76.5m. The former Cupar Police Station currently stands on the site.
The site area extends to 0.498 hectares (1.25 acre) and would be suitable for both commercial and residential developments.
Location
Cupar is a thriving market town and the former County town of Fife lying in the north east Fife area with a resident population of approximately 10,000 people. The town has a busy commercial centre with a good mix of retail shops and facilities which serves a large surrounding rural hinterland. The town also has good transport links with the Cities of Dundee and Perth within easy reach and the University town of St Andrews lying approximately 9 miles east. Cupar also lies on the main Edinburgh to Aberdeen rail line.
Accommodation
The former Cupar Police Station currently stands on the site and provides a mixture of office and storage space with the following area:-
Police Station: 1397 sq. m (15,035 sq. ft)
Terms
SERVICES:
The main supply of water, electricity and gas are readily available to the site.
ASSESSMENT:
We have consulted the Scottish Assessor’s website (www.saa.gov.uk) and note the premises are entered in the current Valuation Roll as:
Cupar Police Station: £85,000
We are advised that the current business rate (pence in the pound) is XXX.
Development Remarks:
A good opportunity to acquire a very well located site in a central location within Cupar, a popular and picturesque former market town. Proposals for the site have focussed on both commercial and residential schemes and have envisaged both a single use retail occupier or alternatively a relatively high density residential development. Due to the location and simplicity of the site there will be a good range of flexible options to suit a variety of development proposals.
There are two proposed layout schemes which have been produced. One of which redevelops part of the former police station and converts it in to a potential 24 bed care home with an additional 11 retirement bungalows being built on site. The second scheme has the current building demolished and 26 units built on site.
ENERGY PERFORMANCE RATING:
A copy of the Energy Performance Certificate will be made available to interested parties: the EPC Grading G.
PRICE:
Offers in excess of £600,000 are invited for the property.
ENTRY:
On conclusion of formal missives.
OFFERS:
All offers should be submitted in Scottish legal terms to DM Hall.
Specification
- Prime Cupar site
- Excellent potential for residential or commercial development
- High amenity site, short walk from town centre
- Highly visible site on A91