Planning Permission in Principle
The subjects benefit from planning permission in principle for the development of 250 houses. The planning permission in principle is allocated under the wider development to include the adjacent site (under separate ownership).
Further information with regard to the planning consent is available to view via the Edinburgh Council planning portal here.
Any queries with regard to the planning consent should be sent in writing to the sole selling agent.
Data Room
A technical pack within a secure data room is available for parties to view, which includes further planning and technical information about the site.
Terms
The Vendor is inviting bids on both an unconditional and conditional subject to planning basis.
Sale Process
Interested parties should note their interest in the purchase of the subjects, by email, to the sole selling agent. Notes of interest should be submitted by no later than 12 Noon, Friday 10th May 2024.
Interested parties will then be provided with access to the data room to review detailed information regarding the subjects.
The sale process will be brought to a close by way of a closing date, which is proposed for 12 Noon, Friday 28th June 2024.
The Vendor reserves the right not to accept the highest or any offer received. Note that the dates above may change however parties will be informed in writing.
VAT
The subjects are elected for VAT, which will be payable on all outgoings, at the prevailing rate.
Legal Costs
Each party will be responsible for their legal costs, with the Purchaser responsible for LBTT, Registration Dues, VAT and any other costs associated with the acquisition.
Viewing
Strictly by appointment only.
Further Information
Contact the sole selling agent:
Nadir Khan-Juhoor
NaMa Capital UK Limited
m: 07720 849 033
e: nadir@namacap.co.uk
CONTACT
Nadir Khan-Juhoor
NaMa Capital UK Limited
m: 07720 849 033
e: nadir@namacap.co.uk
