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Former Residential Property Investment, Carrongrange House, Carrongrange Avenue, Larbert, FK5 3BQ

4,497 Sq Ft / Other / Residential

Withdrawn - Last updated: 06 August 2020

The subjects comprise a substantial detached former dwelling house which has been historically utilised as office accommodation prior to its development into a children’s nursery which is presently registered for 69 children.

The building itself is largely of stone construction contained under pitched and slated roofs, the premises having recently undergone an extensive refurbishment programme due to fire damage.

Internally the subjects retain much of their original residential character including a range of attractive period features while externally the subjects enjoy an extensive garden and amenity grounds the plot extending to 1.09 acres.

Location

The subjects occupy a generous plot lying on the northern side of Carrongrange Avenue, to the west of its junction with Carrongrange Gardens, situated to the south east of Stenhousemuir’s principal town centre.

The surrounding area is largely residential in character given over predominately to modern private housing while Larbert High School lies to the north.

Stenhousemuir itself comprises an established town within central Scotland lying approximately 2 miles to the north of Falkirk, astride the B905 road route. The town’s position ensures that Stenhousemuir benefits from excellent communication links with junction 2 of the M876 bounding to the town to the north. In addition Stenhousemuir affords easy access to Larbert’s station which provides a direct link to Edinburgh, Glasgow and the north, with the town therefore having become a popular commuter location given its ease  of accessibility to the central belt. 

Accommodation

We would summarise the subjects net internal area as undernoted:

Ground Floor – 182.94 sq. m (1,969 sq. ft.)

First Floor – 141.04 sq. m( 1,518 sq. ft.)

Attic Floor – 93.82 sq. m (1,010 sq. ft.) 

Terms

LEASE TERMS - The subjects are presently let to Glenbervie Kindergarten Ltd on full repairing and insuring terms until the 31st March 2020 at a rental of £50,000 per annum exclusive.

PRICE - Offers of £500,000 are invited for the benefit of our client’s absolute ownership

RATEABLE VALUE - We note from the Scottish Assessors website that the subjects are entered in the current valuation roll at a rateable value of £24,000.

OFFERS - All offers should be submitted in strict Scottish Legal Form to the Falkirk Office.

EPC - A copy of the Energy Performance Certificate can be made available on request.

VAT - All prices quoted are exclusive of VAT which maybe chargeable. 

Specification

  • Significant detached building with extensive grounds
  • Extensively refurbished after fire damage
  • Existing children’s nursery registered for 69 children
  • Thought suitable for a variety of uses, including residential, subject to planning
  • Rare opportunity to purchase
  • Let until 31/03/2020 at £50,000 per annum exclusive


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