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Residential Development Site, Junction Road, Kirkcaldy, KY1 2BH

0.49 acres / Land / Residential

For Sale - £240,000.00

Available - Last updated: 23 November 2022

The subjects comprise a relatively level parcel of land extending to approximately 0.198 hectares ( 0.49 acres). The subjects sit generally to the south of Junction Road towards the Eastern side of Kirkcaldy. Junction Road forms the northern boundary of the site. The site is bounded on the east by a block of modern apartments. The southern boundary is the track of the railway line and the western boundary is predominantly the neighboroughing Railway Club and associated yard.

The site has been cleared with the former factory building having been demolished allowing for development to begin immediately on site.

A site investigation has been carried out which has confirmed that there are no issues with ground conditions. A copy of the site investigation can be made available to interested parties.

Location

Kirkcaldy is one of Fife’s principal centres having a resident population of approximately 50,000 persons and a further catchment area now estimated to be in excess of 150,000. The town benefits from an excellent communication system, having a main line railway station and also with the East Fife regional road lying nearby to the north of the town, providing a first class dual carriageway link to central Scotland’s motorway network.

The subjects are situated towards the centre of Junction Road on its southern side, closeby with its junctions to Overton Road and Binnywells. Junction Road is a popular mixed use area with neighbouring occupiers including residential appartments, the Railway Club and Curran Motor Company.

Accommodation

Approximately 0.198 hectares ( 0.49 acres).

Terms

PLANNING: The site currently benefits from detailed planning permission for two separate potential developments the first being for two blocks of eight apartments and the second being for a single block of twenty apartments. Further information regarding the planning applications can be found on the Fife Council Planning Portal under the references 18/01674/FULL and 09/01464/CFULL. All planning enquiries should be put forward the Fife Council Planning Department.

GENERAL REMARKS: This site offers an excellent development opportunity with detailed planning permission in place within a town which is currently seeing a rise in demand for good quality and affordable housing. There are a number of residential developments currently ongoing in the town with good sales figures being reported.

PRICE: Offers in the region of £240,000 exclusive of VAT are invited.

DATE OF ENTRY: By agreement.

VIEWING: Strictly by arrangement with the sole letting agents

VAT: All prices are quoted exclusive of VAT.

LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs in this transaction.

Specification

  • Total site area approx. 0.198 hectares (0.49 acres)
  • Detailed Planning Permision
  • Popular residential location
  • Offers in the region of £240,000 exclusive invited

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in the region of For Sale Freehold £240,000.00 NA

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Contact agents

Paul Carr

DM Hall

01383 650224

Fife Agency

DM Hall

01383 650233

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