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UNDER OFFER

Development Opportunity, Phase 4 - South Gilmerton, Edinburgh, EH17

POA
Galbraith, Stirling
PROPERTY TYPE
Land
SIZE
583,704 sq. ft.
(54,228 sq. m.)

Property description

CLOSING DATE SET FOR THURSDAY, 24 September 2020 AT 12 NOON.

KEY FEATURES
• Approximately 5.40 hectares (13.40 acres)
• Planning permission in principle for
residentially-led mixed-use development
• Approximately 140 units
• Located within a popular suburb of Edinburgh
• Excellent access to the City Bypass and
national road network
• Direct access from a public highway
• Services adjacent to site
• Signed Unilateral Obligations and Section 75
commitments met by previous phases
• Abnormal cost information available
• Offers Invited

LOCATION
The land is located on the southern edge of Edinburgh
within the suburb of Gilmerton. Edinburgh city centre is
approximately 4.5 miles to the north, with the city bypass
(A720) 1 mile to the south providing access to Edinburgh
Airport (approximately 13 miles) to the west and the
A1 dual carriageway approximately 3 miles to the east.
Glasgow is approximately 50 miles to the west via the
M8 motorway and provides access to many settlements
located in the Central Belt.
There are regular bus services from Gilmerton to the city
centre and a railway station and park & ride at Shawfair
a short distance to the east, providing direct services to
Edinburgh Waverly (10 mins) and Tweedbank (45 mins).
Local amenities can be found on Drum Street and
Newtoft Street to the north of the site including a, post
office, public library, community centre, GP surgery,
local convenience stores, hairdressers, restaurants
and takeaway restaurants, professional services, a
supermarket, pharmacy and children’s nursery. Further
services are available a short distance to the south at
Eskbank, including a Tesco supermarket and Dobbies
Garden Centre.
Edinburgh City Centre is host to a wide range of services,
including national high street retailers, medical services,
leisure facilities, entertainment venues, professional and
financial services, including the headquarters of many
financial institutions.
Nearby primary and secondary schooling is available at
Gilmerton Primary School and secondary schooling at
Liberton High School. It should be noted that as part of
the Unilateral Obligations a new primary schoolwill be
provided immediately adjacent to the site.

DESCRIPTION
The site is located on the southern edge of the suburb
of Gilmerton. The site is irregular in shape and extends
to approximately 5.40 hectares (13.40 acres). The land is
currently in agricultural production and bounded to the
south by Gilmerton Station Road, to the east by Phase 3
and a development site being developed by Miller Homes
and Bellway Homes to the west.
The land will benefit from access from Gilmerton Station
Road, and road and service connections to Phase 3 which
is currently being developed by Barratt Homes.
As a condition of the sale of Phase 3 there is an obligation
on Barratt Homes to provide service connections and
road infrastructure to the boundary of Phase 4 at set
periodic dates.

PLANNING
The site benefits from planning permission in principle
granted at appeal by the Scottish ministers as follows:
Planning Application
Ref: 14/01649/PPP
Proposal: Residentially-led mixed-use development
including primary school, commercial/community uses,
open space, access, car parking and landscaping.
Appeal Ref: PPA-230-2137
Date of decision: 18th January 2016
The planning permission is granted subject to a number
of conditions. A Unilateral Obligations document by way
of Section 75 has been signed in regard to the whole site
and sets out a number of planning gain requirements
including transport improvements, education
contribution and affordable housing provision. The
planning gain requirements have now been met through
the sale of the previous phases of the site immediately
to the east of Phase 4. Accordingly, it is understood
that there will be no further planning gain requirements
applicable to Phase 4.
The indicative site layout has been designed to provide
predominantly medium to low density housing with
a range including flats, terraces, semi-detached and
detached housing to allow provision of units to various
sectors of the housing market, and to integrate with the exisiting housing in GilmertonMETHOD OF SALE
Net price offers are invited for the freehold interest in the site with vacant possession
with a preference for unconditional offers.
Offers should be presented in heads of terms format and should include the
following minimum information:
• Bidding party name, company name and status
• Net purchase 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 (optional but bid assessment will
allocate a positive score to bids incorporating these provisions)
• Proposed timescales for further due diligence and anticipated key delivery
dates for submitting a planning application (if required).
• 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.

ABNORMAL COST SCHEDULE AND DATA ROOM
A detailed abnormal cost appraisal has been prepared for the site based on a site
layout for 140 units, including costing for ground stabilisation, earthworks (cut & fill),
roads infrastructure, drainage and foundation requirements. The technical information
is available in an online data room, containing relevant information in relation to the
planning consents, site layout drawing, service infrastructure plans, site investigation
report, drainage strategy survey, archaeological survey and abnormal cost appraisal 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 (14/01649/PPP) can be viewed on the
City of Edinburgh Council’s planning portal:
https://citydevportal.edinburgh.gov.uk/idoxpa-web/simpleSearchResults
do;jsessionid=0D8B2C6E1DF18C98D1D75994FBAB443F?action=firstPage
Or
The planning appeal documents (PPA-230-2137) can be viewed on the Scottish
Government’s Planning and Environmental Appeals Division website:

Any further planning enquiries can be directed to City of Edinburgh Council: 0131 529
3550 or .

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
property and to give due consideration to bio security risks and
welfare of any livestock present on the subjects.
Any enquiries or requests for further information should be directed
to the sole selling agents as undernoted.

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.
Galbraith
Suite C,
Stirling Agricultural Centre,
Stirling, FK9 4RN
Harry Stott
harry.


Solicitors
Thorntons
Citypoint, 3rd Floor
65 Haymarket Terrace
Edinburgh
EH12 5HD
John Sinclair
Burness Paull
50 Lothian Road
Edinburgh
EH3 9WJ



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Particulars

Development Opportunity, Phase 4 - South Gilmerton, Edinburgh, EH17

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Eskbank Station2.3 miles
  • Shawfair Station2.7 miles
  • Newcraighall Station3.0 miles
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About the agent

Galbraith, Stirling

Suite C1, Stirling Agricultural Centre, Stirling, FK9 4RN

  • Galbraith is a leading independent Estate Agency with a progressive and dynamic approach when it comes to selling property. Our passion is the delivery of results for you with repeat business and recommendation a testament to the service we offer.

  • Our professional and personal service is based upon our desire to provide a service that is sought after by property owners, tailoring our service to suit individual needs and requirements all too often brushed aside by

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Disclaimer - Property reference STR200054. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Galbraith, Stirling. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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