FOR SALE Prime Residential Conversion Opportunity 36 Park Terrace, Stirling, FK8 2JR

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1 Residential conversion opportunity Prime residential location within the Kings Park Area of Stirling Indicative plans for three flats and two houses Current GIA approx. 942 sq m (10,142 sq ft) Proposed GIA approx. 929 sq m (10, 010 sq ft) Offers Invited

2 Location Stirling is known as the Gateway to the Highlands and has a population of approx. 94,000 people. The city is conveniently located within the Central Belt and as a result it benefits from easy access to Scotland s motorway network. Stirling is a historic city with many tourist attractions including The National Wallace Monument, Stirling Castle and Old Stirling Bridge. The University of Stirling is Scotland s University for Sporting Excellence, a designation by the Scottish Government in recognition of the contribution to Scottish sport. The city benefits from excellent transport links with the M9 providing access to and from Edinburgh and the M80 to Glasgow. There is a mainline railway station located in close proximity to the Thistles Shopping Centre which provides frequent services to all major business centres throughout Scotland. Edinburgh International Airport is approx. 40-minutes drive from the property. Park Terrace is located in an affluent area of Kings Park on the intersection of Park Terrace and Snowdon Place Lane, opposite Stirling Golf Club. Description The property comprises a Category B-listed Victorian Renaissance Villa currently being used as office accommodation by Aberlour Child Care Trust. Internally, the accommodation is split across basement, ground and first floor levels. There is also a cottage annexe to the rear. The gardens and grounds extend to about 0.55 acres and there is a separate vehicular entrance and exit. The indicative plans prepared by MacDuff Architects propose refurbishing the building to create 3 flats and 2 houses. The proposed accommodation schedule is presented below: Property Beds Size Flat sq m (1,700 sq ft) Flat sq m (1,668 sq ft) Flat sq m (2,293 sq ft) House sq m (3,466 sq ft) House sq m (883 sq ft) Total 929 sq m (10,010 sq ft)

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4 Planning Red line for indicative and illustrative purposes only Indicative plans and a Conservation Report have been prepared and consulted with Stirling Council s Conservation Officer. The proposal to change the use of the property back to residential is generally encouraged. The Conservation Officer supported the proposed split of the property into a mix of house, maisonettes and flats. The proposed split will impact as little as possible on the original architectural features and detailing, particularly internally. Technical Information The following documents are available: Asbestos Report (on request) Architectural Plans Energy Performance Certificate Conservation Report (on request)

5 Price Offers are invited for our client s heritable interest in this property. EPC The property has an energy performance rating of G. VAT We understand that the property has not been elected for VAT. Website Further information can be found at Offers All offers should be submitted to Rettie & Co. with whom purchasers should register their interest if they wish to be informed of a closing date. Viewings All viewings will be strictly by appointment through the sole selling agents. Vacant Posession We have been advised that the current occupier will not be in a position to vacate the property until end of 2018/early For further information, please contact: Patrycja Wroblewska patrycja.wroblewska@rettie.co.uk Prepared May 2017 Important Notice Rettie & Co., their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either in writing or by word of mouth. Any information given is entirely without responsibility on the part of the agents or the sellers. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive and it should not be assumed that the property remains as photographed. Any error, omission or mis-statement shall not annul the sale, or entitle any party to compensation or recourse to action at law. It should not be assumed that the property has all necessary planning, building regulation or other consents, including for its current use. Rettie & Co. have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise and ought to seek their own professional advice. 3. All descriptions or references to condition are given in good faith only. Whilst every endeavour is made to ensure accuracy, please check with us on any points of especial importance to you, especially if intending to travel some distance. No responsibility can be accepted for expenses incurred in inspecting properties which have been sold or withdrawn.