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Town Centre Development Opportunity, Queens Hotel (Inc. 2-6 Church Street), 8-12 Church Street, Inverkeithing, KY11 1LJ

not specified / Other

Withdrawn - Last updated: 26 September 2023

This is an outstanding opportunity for a developer to acquire a fully consented large scale re-development opportunity in the middle of Inverkeithing High Street.

This development in an important a strategic commuter town centre offers full scale regeneration to well positioned central location.

This is an excellent opportunity offering developers and excellent commercial and residential mix.

Location

The commuter town of Inverkeithing lies on the north shores of the Forth 9 miles from Edinburgh city centre. The town has a population of 5000 with continued growth expansion planned for the future.

Inverkeithing is a very important transport hub; The M90 motorway lies adjacent to the town, the Ferry toll Park and ride is one of the largest park and ride facilities leading into Edinburgh. The town also has an important mainline railway station acting as an important stop off point for the East Coast mainline as well as the Fife Circle.

The town is located close to Rosyth and Dalgety Bay as well as being 2 miles south of the city of Dunfermline.

The subjects are located at the northern end of the busy high street, a couple of minutes walk from the train station.

Accommodation

The buildings and site have been fully consented for:

8 -12 Church Street - 2 ground floor retail/office premises with 5 dwelling flats over 2 floors retaining the C listed exterior

2x 2apt flats
2x 3apt flats
1x 3 apt Maisonette

2-6 Church Street – Demolition of existing building to form 2 ground floor retail/office premises with 6 dwelling flats over 2 levels

4x 2apts flats
2x 3apts Maisonettes

Current hotel extension and land at rear

Demolition of existing extension and construction of 11 new build dwelling flats over 3 floors.

5x 3apt flats
6x 3apts affordable housing flats

Parking - Car parking for 27 cars

Terms

Planning permission - Full Planning permission has been formally approved 15/03045/FULL wwwXXXlanning.fife.gov.uk

Tenure - Freehold.

Price - Freehold offers are invited.

Offers - All offers couched in Scottish legal terms should be submitted to the sole selling agents. No direct approach may be made to the vendors.

AML - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June 2017. This now requires us to conduct due diligence on property purchasers.  Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence.


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