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For Sale£597,500.00

For Sale The Ivy Hotel, 103 Henderson Street, Bridge of Allan. FK9 4HH Development Opportunity / Hotel

Other commercial, Residential, Hotel, Offices, Office , 7498 Sq Ft
Property type: Other commercial, Residential, Hotel, Offices, Office
Tenure: For Sale Freehold
Size: 7498 Sq Ft
Price: £597,500.00
Location: 103 The Ivy, Henderson Street, Stirling, FK9 4HH
• OFFERS IN THE REGION OF £597,500 ARE SOUGHT
• PRIME LOCATION
• WELL SUITED FOR RE-DEVELOPMENT
• LARGE SITE EXTENDING TO CIRCA 0.5 ACRES
• 11 ENSUITE BEDROOMS PLUS STAFF ACCOMMODATION
• LOUNGE BAR, FUNCTION ROOM AND KITCHEN FACILTIES


LOCATION

Bridge of Allan is a town in the Stirling council area in Scotland, just north of the city of Stirling. It lies on the Allan Water, a northern tributary of the River Forth, built largely on the well-wooded slopes of the Westerton and Airthrey estates, sheltered by the Ochil Hills from the north and east winds. Most of the town is to the east of the river; the bridge is part of the A9, Scotland's longest road, while the railway line and the M9 pass to the west of the river. Bridge of Allan railway station is on the Edinburgh to Dunblane Line.

The subjects are located on the northern side of Henderson Street between its junctions with Melville Place and Graham Street. Henderson Street forms the main arterial road through the town leading to Stirling and as such benefits from a high level of passing trade. The subjects are well located for their most recent use as a hotel but are also very well suited for residential use or potential re-development

DESCRIPTION

The subjects comprise a two storey and attic “C” Listed detached building which has been extended by various single and two storey extensions. The main building is of traditional stone construction surmounted by a pitched and slated roof.
Externally, the subjects benefit from a sizeable tarmac parking area with further garden areas. The total site extends to approximately 0.5 acres.
Internally, the property provides 11 ensuite letting bedrooms, staff bedroom, lounge bar, residents dining area, large function room, sizable kitchen and storage areas.
The property is still licensed for the sale of alcohol and is well suited for its most recent use as a hotel. The property is also well suited for redevelopment into residential or other commercial uses (subject to Local Authority Consent).

FLOOR AREAS

From sizes provided by our client, we understand that the subject property, measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) incorporating the International Property Measurement Standards and the RICS Code of Measuring Practice to extend to the following approximate gross internal area (GIA):

696.6m2/7,498 ft2

PROPOSAL

Offers of £597,500 are invited for the Heritable (Scottish equivalent of Freehold) interest.

RATING

Please contact local rating office for further information

PLANNING

All queries in relation to redevelopment/reconfiguration of the subjects should be addressed to Stirling Council Planning Department.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

VAT

All prices, premiums and rents quoted are exclusive of VAT.

EPC

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