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Forthcoming Lots

2.00pm 27th June, 2019 - Marriott Hotel in Edinburgh
Lot 10

20A & 20B TOWNHEAD, AUCHTERARDER, PH3 1AH

Town Centre Former Cinema with Development Potential, Subject to Planning. 534 sq. m. (5,752 sq ft) on a site of 0.133 Ha (0.33 Acres)

Location

Auchterarder is an affluent town consisting of 4,000 residents and many holiday homeowners, located north of the Ochil Hills in the Perth and Kinross council area. Situated 2 miles east of The Gleneagles Hotel and its Championship Golf Courses, 13 miles south-west of Perth, 20 miles north-east of Stirling and 9 miles south of Crieff, the town is very well located.

Auchterarder is an unusually lateral town and has a 1.5 mile long High Street, which has earned the town the popular name of the ‘Lang Toon’. Townhead is the eastward continuation of the High Street and the property is on the south side of the street between the road junctions of Castleton Road and Sydney Crescent.

Description

The premises opened as The Regal in 1928, 4 years after the Gleneagles Hotel and operated for over 50 years as a 580 seat cinema. The original cinema included shops either side of a grand Art Deco foyer with a tea room at first floor, accessed by an ornate stone stair with sweeping metal and oak banister and balustrade. Above the auditorium is a magnificent vaulted tin roof, adding to the grandeur that once was.

Although not in good decorative order now, the layout is the same and the fabric and integrity of the building have been maintained by the long-term owners, as they operated an antiques shop and store from the premises. The large building offers great potential. There are asset management opportunities in letting the two shop units and main auditorium, taking advantage of the reported unrestricted Class 1 retail consent. There are development opportunities with retail reconfiguration or through an existing Planning Consent (believed not to have elapsed) for the demolition of the existing building and the development of 8 flats to Townhead and a further 3 in the grounds to the rear.

Site Area

0.133 Ha (0.33 Acre) approx.

Accommodation

  • Shop unit at 20A 33 sq m (362 sq ft)
  • Shop unit at 20B 23 sq m (244 sq ft)
  • Foyer 67 sq m (718 sq ft)
  • Auditorium 232 sq m (2,495 sq ft)
  • Former tea rooms and kitchen (mezzanine floor) 94 sq m (1,012 sq ft)
  • Former projector rooms (1st floor) 26 sq m (283 sq ft)
  • Former viewing gallery (1st floor) 59 sq m (638 sq ft)
  • Total Accommodation - 534 sq.m (5752 sq.ft) approx.

Planning

Planning applications have been submitted in the past relating to retail and flatted proposals, the latter of which may still be live. Interested parties should contact the Perth and Kinross Council Development Manager at Puller House, 35 Kinnoull Street Perth PH1 5GD. 01738 475300 or email developmentmanagement@pkc.gov.uk

EPC

Band E

Tenure

Owner Vacant Possession.

Rateable Value

20A Townhead - Shop RV £2,750
20B Townhead - Shop and Store £10,100.

Viewing

By arrangement with the Auctioneers, SVA Property Auctions Ltd Tel 0131 624 6640.

Joint Auctioneers

Galbraith, Suite C1, Stirling Agricultural Centre, Stirling, FK9 4RN. Tel: 01786 434 600 (Harry Stott)




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