Land At Middletonkerse, Middleton, Menstrie, Clackmannanshire, FK11

LOCATION
The land is located on the southern edge of Menstrie and extends to approximately 22.83 acres. The village benefits from a range of local amenities including a shop with post office, a pub, petrol filling station and a primary school. Further amenities are available in Bridge of Allan including a train station and the University of Stirling approx. 4.5 miles to the west of the site. The City of Stirling has a wide range of services and amenities including, supermarkets, shopping centres, retail parks, industrial estates, banks, medical services, leisure facilities and a mainline railway station with regular services to Edinburgh and Glasgow.
The village is popular with people looking to commute to the Central Belt with the excellent transport links and train stations in Alloa, Bridge of Allan and Stirling being within reasonable driving distance.

DESCRIPTION
The site is generally level and is accessed via Tullibody Road to the east. A secondary access is available via Middleton to the north east of the site. The land is currently in agricultural production and bounded to the north by residential properties and open agricultural land to the south. The site is irregular in shape and extends to approximately 22.83 acres (9.24 hectares).

PLANNING
The land is zoned in the Clackmannanshire Local Development Plan for residential use with an indicative capacity for 84 units under ref: H34.
There will be a requirement for a flood risk assessment, drainage impact assessment and drainage strategy in any planning application for the site. Developer contributions are likely to include on site affordable housing provision or commuted sum, education contribution, green network improvements and sports pitch provision.

SERVICES
Mains services are available adjacent to the site and plans showing the location of nearby service infrastructure is available in the online data room.

TECHNICAL INFORMATION AND DATA ROOM
Details of the nearby services and the LDP allocation information is available in the online data room, please contact Galbraith for access.
Any further planning enquiries can be directed to Clackmannanshire Council: .

METHOD OF SALE
Conditional greenfield/headline offers are invited freehold interest in the site with vacant possession. 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 (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 £50,000 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.