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Stirling Road

Larbert, Stirlingshire, FK5 4WR

POA


DESCRIPTION
The site is located on the western edge of Larbert.
The site is irregular in shape and extends to
approximately 10.94 acres (4.42 hectares). The land
is currently in agricultural production and bounded
to the east by …

DESCRIPTION
The site is located on the western edge of Larbert.
The site is irregular in shape and extends to
approximately 10.94 acres (4.42 hectares). The land
is currently in agricultural production and bounded
to the east by Stirling Road, to the north by the Forth Valley Hospital and the west by agricultural land that forms the open space provision associated with the future development of the site.
It is proposed the land will benefit from direct access from Stirling Road.

LOCATION
The land is located on the western edge of Larbert located a short distance to the south of the Forth Valley Hospital and to the west of the town centre. Larbert is a popular commuter town and has excellent East-West-connectivity with a mainline rail station within walking distance of the site, with regular services to Edinburgh (approx. 40 mins) and
Glasgow (approx. 30 mins). The town is also well located for access to the national road network with the M9, M80 and M876 motorways all within 3 miles.
Local amenities can be found on Main Street a short distance to the south east including, local convenience stores, hairdressers, takeaway restaurants, professional service and a pharmacy. Further services are available to the east in Stenhousemuir, including an Asda supermarket and other national retailers.
Nearby primary and secondary schooling is available at Larbert Primary School located on Main Street and secondary schooling at Larbert High School on the southern edge of the town.

PLANNING
The site benefits from a resolution to grant planning permission in principle issued by
the Reporter on 6th December 2018.

Planning Application
Falkirk Council Planning Ref: P/17/0632/PPP
Proposal: Proposed Residential Development, Access, Landscaping, Open Space and
Associated Works

Scottish Government Appeal Ref: PPA-240-2055
Date of decision: 6th December 2018

An indicative masterplan has been designed to provide predominantly medium to low density housing with a mix of detached, semi-detached and terraced housing. The planning consent has an indicative capacity for 60 houses. It is considered that there is scope to increase the unit numbers through a detailed planning application.
A Section 75 agreement has been signed covering education contribution, affordable housing provision and open space requirements. It is proposed that the field immediately to the west of the development site will be used to facilitate the open
space provision associated with the development site, being accessible to the public and facilitating links to nearby woodland.
The Section 75 confirms that at least 25% of the units will be delivered as affordable housing on-site.
An area of land to the south of Quintinshall Road extending to approximately 2.57 acres (1.04 hectares) has been set aside as a SUDS area. The land between the development site and the SUDS area is owned by our client and all necessary drainage rights will be granted.

DATA ROOM AND TECHNICAL
INFORMATION PACK
A technical information pack has been prepared, containing relevant information in relation to the planning consents, masterplan drawing, design and access statement, service infrastructure plans, site investigation report, drainage strategy survey, archaeological survey and other information required by interested parties to undertake the necessary due diligence to quantify their bids to purchase.
The pertinent information is available via an online data room – please contact Galbraith for access.
Alternatively, the planning permission in principle (P/17/0632/PPP) can be viewed on the Falkirk Council’s planning portal: http://edevelopment.falkirk.gov.uk/online/
simpleSearchResults.do?action=firstPage
OR
The planning appeal documents (PPA-240-2055) can be viewed on the Scottish
Government’s Planning and Environmental Appeals Division website: http://www.
dpea.scotland.gov.uk/CaseSearch.aspx?T=1
Any further planning enquiries can be directed to Falkirk Council: 01324 504 748 or
dc@falkirk.gov.uk

METHOD OF SALE
OFFERS ARE INVITED FOR THE FREEHOLD
INTEREST IN THE SITE WITH VACANT POSSESSION.
As noted in these particulars we consider there is scope to increase the density on site.
Accordingly, we will consider offers on a compliant basis (offering on the basis of 60 units
with overage) and non-compliant offers (offering on the basis of 60+ units).
Offers should be presented in heads of terms format and should include the following
minimum information:
• Bidding party name, company name and status
• Headline/Greenfield Price and method of payment
• Conditions of purchase
• Proposed use, total unit numbers/total sales area (sq ft/m)/headline sales prices
(sq ft/m) with proposal for overage payments on subsequent uplifts above these
baseline figures
• Proposed timescales for further due diligence and anticipated key delivery dates for
submitting a planning application
• Anticipated constraints and issues
• Proof of funding
• Requirement for Board approval and other third party approval
• Legal representatives details
A deposit of £75,000 will be paid on the conclusion of missives, the deposit will be
non-refundable but deductible from the purchase price.
Interested parties will be notified of a closing date and requested to submit a heads of terms
offer. Galbraith will issue the required form of offer to interested parties on notification
of the closing date. The form of offer will include the minimum information required and
timescales.
We recommend that interested parties note their interest in the site in order to be kept
informed of any closing date and to receive any additional pertinent information.
It is expected that interviews will be held with selected bidders. Once a preferred bidder has
been selected it is expected that an offer to sell will be issued by our client’s solicitor.

LEGAL COSTS
Each party will be responsible for bearing their own legal costs. The purchaser/s will be responsible for LBTT, registration dues and VAT incurred in connection with the transaction.

VIEWING AND FURTHER INFORMATION
The site is open and may be viewed without prior appointment, however, parties are asked to give due courtesy to owners of the property and to give due consideration to bio security risks and welfare of any livestock present on the subjects.