14 MacDowall Street, Johnstone, PA5

RESIDENTIAL DEVELOPMENT OPPORTUNITY

UNDER OFFER

A great opportunity to acquire a development site within a popular area close to excellent local amenities, bus stops, train station and motorway access.

Planning permission was previously granted on the 13th May 2008 (08/0119/PP) for the erection of ten apartments and a commercial unit with parking, however, this planning has since lapsed. New drawings have been produced to construct two separate blocks, comprising of 14 one and two bedroom apartments with parking,. It should be noted that these revised plans have not been submitted to Renfrewshire Council for approval. It is also assumed that the site has no onerous burdens or restrictive servitudes within the title.

Gross Floor Areas for the new proposed drawings are as follows:

Block A - 6 Apartments
2 x Two Bedroom Apartment - 60.42 Sq M
4 x Two Bedroom Apartment - 50.92 Sq M

Block B - 8 Apartments
3 x One Bedroom Apartment - 50.92 Sq M
1 x One Bedroom Apartment - 44.86 Sq M
1 x Two Bedroom Apartment - 53.43 Sq M
3 x Two Bedroom Apartment - 56.83 Sq M

14 Apartments in total
17 Parking Spaces

Residential Sales Value
Due to the popular location we feel the demand will be high for these units once constructed, and if planning is approved. We have carried out our own market research and spoken to a local chartered surveyor and we are happy to discuss potential sale value with potential buyers.

Services
We believe that all main services are located in the vicinity of the site. There are residential dwellings in the locale, which all have access to services. However, prospective purchasers should make their own enquiries with the appropriate service providers.

Location:
Johnstone offers a good choice of local shopping, sports/recreational facilities and schooling. Located within this popular location and close to the main A737 road, Macdowall Street offers fast access to the motorway network, with junction 29 of the M8 motorway around two miles away. You can be in central Glasgow in about twenty minutes, while the airport is just four miles. The nearby train station provides access to Paisley and Glasgow city centre. There is also an excellent bus service to Paisley, Glasgow and the Ayrshire coast. The local primary and secondary schools are both within close proximity. The major shopping centre at Braehead is just beyond the airport, while Johnstone itself still retains many friendly, traditional independent shops, and a few larger super markets, bars, restaurants and a swimming pool.