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Royal Mail Site | Inverness, 7 Strothers Lane + Site at Railway Terrace, Inverness, Inverness, IV1 1AA

not specified / Land / Mixed Use

Sold - Last updated: 09 June 2020

The land-use designation of Lot 1 and 2 is provided in the Inner Moray Firth Local Development Plan (IMFLDP), adopted July 2015. Within this document, both sites are designated within the Central Inverness area and as part of a land-use allocation known as IN5 – North East of Academy Street. This sets out the desired uses as business, retail, community, and residential (around 200 units, including 100-120 student units). The detailed guidance states that development should be “in accordance with the Inverness City Centre Development Brief”. The Inverness City Centre Development Brief referred to offers more detailed guidance for specific sites within the City Centre. The subjects are located within the ‘Station Quarter’, and collectively identified as Site 2: Royal Mail Building, Strothers Lane. The preferred use for this particular site is as a civic or cultural attraction associated with Inverness Library. Alternatively, the Council would also be supportive of a mixed-use development including commercial/retail, business, community, and residential. The strategic importance of this site is recognised, with it representing “a valuable opportunity to improve the setting of Inverness Library”, which is A-listed and “one of the most important architectural landmarks in the city centre”. The Brief expresses the Council’s desire to use redevelopment of the Royal Mail site as an opportunity to enhance the visual character of Farraline Park, create safe and attractive active travel routes through the city centre, and provide a bus-only route between Farraline Park and Rose Street. The property and site being marketed offer a prime, rarely available development opportunity in the city centre of Inverness. Inverness is the Capital city of the Highlands of Scotland. It is the main administrative and commercial centre for the wider area. The city has a population of 61,235 people (2011 Census), although this has grown over recent years. The city benefits from excellent road links with the A82, A9 and A96 trunk roads providing easy access north towards Wick and Thurso, west to Fort William, east towards Aberdeen and south towards Perth. There is a regional airport approximately 7 miles to the east of the city at Dalcross, providing a range of internal flights within the UK and an international link to Amsterdam. 7 Strothers Lane, Inverness The subject property offers a prominent corner position on Strothers Lane and Railway Terrace. Inverness Bus Station and Railway station are located nearby. Strothers Lane is an important through route from the bus station onto Academy Street and into the city centre. The property sits immediately adjacent to Inverness Library which is a building of local significance. The property currently extends to 27,685 sq.ft and sits on a total site area of 1.02 acres or thereabouts. Railway Terrace Site, Inverness The site is situated on the North eastern edge of Railway Terrace and is bounded to the north by a railway line. The site is bound to the North West by Longman Road (A82) which is one of the main thoroughfares through Inverness. Longman Road (A82) connects Inverness to the main trunk road network. The site extends to a total area of 0.57 acres or thereabouts.

Location

Inverness is the Capital city of the Highlands of Scotland. It is the main administrative and commercial centre for the wider area. The city has a population of 61,235 people (2011 Census), although this has grown over recent years. The city benefits from excellent road links with the A82, A9 and A96 trunk roads providing easy access north towards Wick and Thurso, west to Fort William, east towards Aberdeen and south towards Perth. There is a regional airport approximately 7 miles to the east of the city at Dalcross, providing a range of internal flights within the UK and an international link to Amsterdam.

Terms

The Seller reserves their position to elect.


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