SPECIFICATIONS:

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PROPERTY LOCATION:

PROPERTY DETAILS:

Tenure: freehold
Property type: Detached
Council Tax Band: NA

Key features:

Implemented planning permission - 16/01448/FUL
Consent for ground floor restaurant & 22 apartments (16 x 1 bed & 6 x 2 bed)
Planning conditions discharged 20/0047/DIS
No affordable contribution required (to be confirmed)
Development/investment opportunity

Description

The property, a former restaurant enjoys a City Centre location on the corner of The High St & Bernard St overlooking the Ruins of the 14th Century Holyrood Church. The planning Permission has been implemented and majority or the Pre Commencement conditions have been discharged.

CIL / Nitrates / S106 Payments/VAT

• Community Infrastructure Levy (CIL) payment circa £135,671.14, indexation maybe applicable
• Nitrate mitigation is not applicable
• S106 – payment circa £46,747
* VAT – The sale price is exclusive of any VAT, which if applicable, will be in addition at the appropriate rate.

Site Viewings

Site visits are strictly on an appointment basis and to be arranged with Charters Land & Development department. Please call 02382 358580 to make an appointment.

Offers

Offers are invited on an unconditional basis only and must be presented in written format with proof of funding, details of any conditions and anticipated time scales for completion.

Terms & Conditions

Charters Land & Development are instructed by their client to secure a suitable purchaser for this site.