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2.00pm 28th June 2018 - Trades Hall, Glasgow
Lot 31

CASTLE BRAE, MASTERTON BUSINESS PARK, DUNFERMLINE, KY11 8QF

Substantial Development Sites within Established Business Park Location – In total - 7.65 Ha (18.9 Acres)

Location

Dunfermline is situated some 19 miles north-west of Edinburgh and circa 45 miles from Glasgow City Centre. Dunfermline (population circa 55,000) is one of several principal towns in Fife, providing a wide range of services and enjoying excellent road and rail communications with the former linking directly to the M90/ M8 motorway network and the new Queensferry Crossing. Fife has a population of circa 350,000, the majority of whom live within a reasonable commute of this location, which itself has seen substantial new housing development supported by services provided by Fife Leisure and Retail Parks, and Carnegie Campus.

Directions

From the M90, leave at Junction 2 and follow the A823(M) west to a roundabout. Take the third exit (Castle Drive) and head east, passing both SKY UK and Scottish Water’s Headquarters, to where the road joins Castle Brae. Turn right and follow Castle Brae south taking the second exit at the entrance to the Business Park. Existing occupiers located within prestigious new buildings on the Park, include Taylor Wimpey East Scotland, Corgi Group, Young & Co Lawyers, and Vets Now Ltd.

Description

The property comprises three large development sites, all with direct access to the estate road (Castle Brae). On the right, after entering the Business Park is an irregularly shaped site, which is bounded to the south by an area of landscaping and the A823(M). It has the benefit of a hammerhead access point and is generally level and down to grass. On the left is a larger site lying directly to the south of the building occupied by Taylor Wimpey. Also generally level and down to grass, this site has the benefit of two hammerhead access points. The third site lies to the east end of the Park, beyond the George Sq development and to the south of the premises occupied by Vets Now. Bounded to the south by the A823(M), the site is down to rough vegetation, lies at different levels, but raising to the east where it extends almost far as Masterton Road. The site adjoins the eastern end of Castle Brae.

The property offers a number of development options ranging from both smaller scale pavilion style units to larger bespoke business premises. We estimate the nett developable area to be circa 13 acres.

Title Area

7.65 Ha (18.9 Acres) approx.

Tenancy

An area of ground, situated to the east of the existing George Square development, is the subject of a Licence to Occupy in favour of Cameron Harris Design and Build Ltd. The agreement commenced on 23/5/2016, is continuing on a month to month basis and can be terminated by either party on a month’s notice. No rent is due under the terms of this agreement.

Planning

The property is zoned for employment use (Class 4) within the FIFEplan which was adopted in 2017. Interested parties should make their own enquiries to Planning and Building Standards, Fife Council on 03451 55 11 22. Email: development.central@fife.gov.uk

Tenure

Owner vacant possession.

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