View Property Brochure
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View Property Brochure
Residential Development Land Knockomie, Grantown Road, Forres MORAY IV36 2SG FOR SALE • TOTAL SITE: 6.48 HECTARES/16.0 ACRES • Identified for Residential Use in Moray Local Plan • Allocated for 85 No. houses of medium to low density • Mature woodland setting the complete property service Knockomie, Grantown Road, Forres MORAY NORTH ENCLOSURE SOUTH ENCLOSURE FOR SALE Development ACCESS DRIVE TO KNOCKOMIE HOTEL VIEW FROM KNOCKOMIE HOTEL LOCATION: Forres lies in the heart of Moray approximately 27 miles east of Inverness and 16 miles west of Elgin. The site is situated on the southern boundary of Forres on the west side of Grantown Road (A940) adjacent to Knockomie Hotel, a well established small country house hotel. The land is largely bounded by mature woodland and offers a high degree of amenity which would complement a low to medium density residential development. The Moray economy has proven to be resilient over recent years and despite the combination of the recent economic downturn and re-organisation of the RAF bases at Kinloss and Lossiemouth the Forres economy has proven to be more robust than some had feared. Moray has one of the lowest rates of unemployment rates in Scotland (2.0% - January 2014 : Source HIE Unemployment Digest February 2014) and Forres has demonstrated a strong housing market as reflected in the sales rates and pace of new residential development which has been ongoing over recent years in the town. Forres will also soon benefit from improved Railway transport links to Inverness and Aberdeen while a further Forres Primary School is planned for development within close proximity to the site. The quality of life offered by Forres and Moray is undoubtedly one of the town’s principal strengths. The Enterprise Park located just outside Forres has been a major catalyst for economic activity. The Enterprise Park extends to over 100 acres and has attracted a diverse range of economically active companies including: • • • • ATOS AccuNostics CAPITA EFC Group Further information on the park can be found at: www.enterpriseparkforres.co.uk the complete property service DESCRIPTION: The subjects comprise 2 No. separate enclosures of land as delineated in red on the site Plan. HECTARES ACRES South Enclosure: 4.26 10.53 North Enclosure: 2.22 5.5 TOTAL 6.48 16.03 The sites are separated by the existing tree lined access drive to the Knockomie Hotel. The land is gently undulating and largely enclosed by mature woodland. To the north of the site is a recently completed modern residential housing development. SERVICES: It is understood that there are no materially adverse service constraints to the development of the site and that connections, subject to addressing normal capacity factors, to main services would be available. PLANNING: In terms of the current local plan for the area, which is the Moray Local Plan, adopted 2008 the site is allocated for residential use under Policy R1 Knockomie (South). This policy outlines the following opportunity: The site extends to 6.7 hectares and has a maximum capacity for 85 houses of medium to low density. The existing trees on the site should be retained and an avenue of feature trees planted along Grantown Road. The setting of the ‘B’ Listed Knockomie Hotel should be safeguarded by retaining an open aspect east of the hotel: The web link to the relevant policy is attached below: http://www.moray.gov.uk/downloads/file91853.pdf IV36 2SG PRICE: Offers are invited for the benefit of our client’s outright ownership interest in the heritable title. Development Any suspensive conditions attaching to the bidders offer should be clearly stated and summarized within the proposal to include long stop dates for purification. Any offer conditional upon planning should be accompanied by a detailed Layout Plan supported by a narrative in relation to discussions taken place with relevant statutory authorities. A specific statement specifying any assumptions made in relation to Planning Gain and Social/Affordable Housing provision will be required. VIEWING/FURTHER INFORMATION Graham & Sibbald 21 Carden Place ABERDEEN AB10 1UQ Contact : Bruce Murdoch Tel No : 01224 625024 Email : [email protected] CLOSING DATE: Whilst a Closing Date for the receipt of formal legal offers may not necessarily be set, any party wishing to be informed of a Closing Date should ensure that they formally note their interest with our office. A940 ROAD Aberdeen 01224 625 024 Dundee 01382 200 064 Edinburgh 0131 225 1559 Falkirk 01324 638 377 Glasgow 0141 332 1194 Hamilton 01698 422 500 Inverness 01463 236 977 Kilmarnock 01563 528 000 Kirkcaldy 01592 266 211 Paisley 0141 889 3251 Perth 01738 445 733 Stirling 01786 463 111 Weybridge 01932 260 726 IMPORTANT NOTICE Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices. Date of Publication: May 2014