Housing Development Opportunities

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1 Housing Development Opportunities Seafield Estate Zoned ResidentialSites For Sale From hectares Sites available in: Cullen Portsoy Sandend Whitehills Fordyce Portknockie Findochty Buckie Rathven

2 Introduction Seafield and Strathspey Estates, who have their Estate office at Cullen in Banffshire, are one of Scotland s largest and leading agricultural providers managing an operation extending over some 85,000 acres of Scotland s finest scenery diversified into agricultural, woodland and tourism/leisure related uses. As part of an ongoing strategy the Estates have worked with Local Councils to bring forward land suitable for development, enhancing opportunities for inward investment and offering local businesses land for development. As part of this process Seafield and Strathspey Estates are working with to promote owned sites and offer information to interested parties. The purpose of this document is to illustrate the scale and diversity of opportunities in North East Scotland. Provided for each site (designated as housing land in the relevant Local Plan) is the preliminary information that you may require. Cushman & Wakefield can assist with additional information, if available, but the basis of this document is to encourage an active response leading to development opportunity. CONTENTS Cullen...1 Portsoy...2 Sandend...3 Whitehills...4 Fordyce...5 Portknockie...6 Findochty...7 Buckie (Rathburn North)...8 Buckie (Rathburn South...9 Buckie (Rathven)...10 Further Information...11

3 Cullen Seafield Place (3.08 ha / 7.61 acres) Attractive residential development opportunity Advanced infrastructure provision Site zoned in Local Plan for 25 units The site is located to the south-east of Cullen, an attractive seaside village picturesquely located around the mouth of the Burn of Deskford. Positioned 20 miles east of Elgin the settlement has a population of around 1,500 and is a popular visitor destination. The Moray Local Plan (2008) designates the wider site of 4.09 hectares (30 units) under Policy R1 - Seafield Place. A number of houses have already been built and so the residual 3.08 hectare site available is zoned for a remaining 25 units. Enquires Moray Council Department Council Offices High Street Elgin IV30 1BX Tel +44 (0) Fax +44 (0) general.planning@moray.gov.uk The town benefits from an impressive beach, golf course, local school and a wealth of breathtaking scenery within walking distance. The development site consists of some 3.08 hectares (7.61 acres) offering outstanding views across Cullen and the nearby North Sea. The elevated site gradually rises towards a ridge with access obtained from Seafield Place to the northwest. All main services are available nearby.

4 Portsoy Durn/Soy Drive (17.64 ha / acres) Significant residential development opportunity Comprehensive infrastructure provision Site zoned in Local Plan for 46 units The beautiful port village of Portsoy is located between Cullen and Banff. Facing the coast, its long and rich history is reflected in the villages traditional streets and stunning harbour. The site is designated in The Aberdeenshire Local Plan with an allowance of 46 units within the boundary. In addition a Draft Development Brief has been prepared by Aberdeenshire Council. Enquiries Banff and Buchan Area Office Town House Low Street Banff AB45 1AY Tel +44 (0) Fax +44 (0) bb.planapps@aberdeenshire.gov.uk This development land is located on the southern side of the A98 on the western edge of the village. The greater part of the site occupies higher ground which slopes down to Soy Burn. North Mains of Durn Cottage lies within the site but title conditions allow the developer to realign the access and services to the house to suit the surrounding development Access is available from Soy Burn Gardens with longer term access to A98 and Durn Avenue possible Mains gas, electricity and telecom are on site with mains sewer and water pipes adjacent.

5 Sandend Seaview Road (0.24 ha / 0.59 acres) Attractive gap site with stunning views Suitable for 4 or more houses Located adjacent to Protected Open Space Sandend is one of the smallest of the traditional fishing villages dispersed along the Moray coast. Situated three miles east of Cullen the village lies on the west side of the Scattery Burn as it flows into the Moray Firth. The site is zoned as future housing land within the Aberdeenshire Local Plan. A Protected Area to the east prohibits any development between the subject site and the coastline. Enquiries Banff and Buchan Area Office Town House Low Street Banff AB45 1AY Tel +44 (0) Fax +44 (0) bb.planapps@aberdeenshire.gov.uk Sandend Bay is a visually appealing beach, popular with families and surfers, and is part of the dramatic backdrop to this development opportunity The small rectangular gap site can be accessed from Seaview Road and service infrastructure is available nearby.

6 Whitehills (5.80 ha / acres) Capacity for around 55 units Possible phased sale Spectacular seafront location Primary school with nursery located within settlement Whitehills is a traditional fishing village lying two miles west of Banff and four miles east of Portsoy. The coastal location and fishing port legacy affords the village an abundance of charm and character. The site at Whitehills is zoned as Future Housing Land in the Aberdeenshire Local Plan. The south-west quadrant has been designated as having a capacity of 15 units while the remaining area could accommodate a further 40 (approximately). Enquiries Banff and Buchan Area Office Town House Low Street Banff AB45 1AY Tel +44 (0) Fax +44 (0) bb.planapps@aberdeenshire.gov.uk A primary school with nursery is located within Whitehills while the A98 passes less than a mile to the south. The residential development opportunity is located to the east of Whitehills with uninterrupted coastal views east to Banff. While the site may be sold in phases the total land for sale has capacity for approximately 55 units. While access arrangements have yet to be formalised this could be easily remedied through links from a number of public roads in the vicinity.

7 Fordyce (0.69 ha / 1.70 acres) Development site within attractive Aberdeenshire village Suitable for around 10 houses Only development site within Fordyce The site is allocated by the Aberdeenshire Local Plan as the only development opportunity within Fordyce. The plan states that the land is suitable for the development of around 10 houses with development influenced by the villages conservation area designation. Enquiries Around a mile south of the Aberdeenshire coastline lies the beautiful village of Fordyce. Its appealing layout and architecture is complemented by the magnificent Fordyce Castle situated on a bend in one of the villages pleasant streets. Banff and Buchan Area Office Town House Low Street Banff AB45 1AY Tel +44 (0) Fax +44 (0) bb.planapps@aberdeenshire.gov.uk Local facilities include a primary school, parish church and park. The site constitutes just over two-thirds of a hectare allowing the development of around 10 houses, subject to specification. Located to the south of the village the site integrates well with the surrounding houses and provides uninterrupted views of open countryside to the south. It is anticipated that access will be obtained from a public road.

8 Portknockie (2.83 ha / 6.99 acres) Capacity of up to 50 houses Possible phased sale Spectacular seafront location Primary school with nursery located within settlement The site is zoned for housing within the Moray Local Plan 2008 with capacity for up to 50 houses. Access arrangements and landscaping treatments are required. Enquiries Moray Council Department Council Offices High Street Elgin IV30 1BX The traditional fishing village of Portknockie is positioned on a dramatic cliff-top location providing stunning coastal views. Tel +44 (0) Fax +44 (0) general.planning@moray.gov.uk Primary educational facilities are located within the village which also benefits from a number of shops, leisure activities and a desirable sea-front setting. The site is located to the east of Portknockie and benefits from uninterrupted views of the sea. The land consists of just under three hectares. Two access points are available from Wood Place and Addison Street.

9 Findochty South of Morven Crescent (2.47 ha / 6.12 acres) Site capacity of up to 35 houses Possible phased sale Primary housing development opportunity within Findochty The Moray Local Plan states that the number of houses on the site should not exceed 35 units. It is noted that the site should be developed in two phases and will be the principal location for housing land in Findochty over the plan period. Enquiries Potential for sea views The village of Findochty on the Moray coast attracts many visitors due to its pleasing cottages and natural harbour that is well used by leisure sailors. Moray Council Department Council Offices High Street Elgin IV30 1BX Tel +44 (0) Fax +44 (0) general.planning@moray.gov.uk Around three miles west of Cullen the settlement is just a few minutes drive from joining the A98. The land occupies an elevated site and offers the potential for sea views. The existing play area to the east of the site is included in the site though is subject to a lease to Moray Council. It is possible that if necessary the area could be moved within the site to facilitate the development, subject to agreement with Moray Council. Access could be obtained from the A942 or from Morven Crescent.

10 Buckie Rathburn North (2.44 ha / 6.03 acres) Development of up to 60 units Significant opportunity Higher than average housing density permitted by Moray Council The Moray Local Plan 2008 states that an average than higher density can be permitted at this site permitting a maximum of 60 units. Enquiries Moray Council Department Council Offices High Street Elgin IV30 1BX Buckie lies either side of the mouth of the Burn of Buckie where it flows into the Moray Firth. Its is the third largest settlement in the Moray Council area after Elgin and Forres with a population of just over 8,000 (2006). Tel +44 (0) Fax +44 (0) general.planning@moray.gov.uk The town is laid out along the coastline and has a number of schools, parks, golf clubs and shopping/leisure facilities. Rathburn North is found to the east of Buckie within 5 minutes walk of the coast. Its size of just under 2½ hectares provides a desirable development opportunity within a thriving seaside town. Moray Council state that access should be created from the east of the site following improvements to the roads network.

11 Buckie Rathburn South (5.88 ha / acres) Site to be developed once Rathburn North is substantially completed Zoned for 60 houses with the Moray Local Plan Significant opportunity Buckie lies either side of the mouth of the Burn of Buckie where it flows into the Moray Firth. Its is the third largest settlement in the Moray Council area after Elgin and Forres with a population of just over 8,000 (2006). The Moray Local Plan notes that this site should be developed once Rathburn North has been substantially developed (80%). Development will be restricted to the lower part of the site. The site is required to have a medium to low density development With a capacity of 60 units. Enquiries Moray Council Department Council Offices High Street Elgin IV30 1BX Tel +44 (0) Fax +44 (0) general.planning@moray.gov.uk The town is laid out along the coastline and has a number of school, parks, golf clubs and shopping / leisure facilities. Rathburn South is a sloping site of 5.88ha with development to be restricted to the lower more level part of the land. Moray Council state that access should be created from the east of the site following improvements to the roads network.

12 Buckie Rathven (1.50 ha / 3.80 acres) Suitable for around 8 units Zoned housing land Desirable location Full servicing Buckie lies either side of the mouth of the Burn of Buckie where it flows into the Moray Firth. Its is the third largest settlement in the Moray Council area after Elgin and Forres with a population of just over 8,000 (2006). The land is zoned within the Moray Local Plan 2008 as a possible housing development site. The Plan notes that a public water supply and public sewage capacity is available. Enquires Moray Council Department Council Offices High Street Elgin IV30 1BX Tel +44 (0) Fax +44 (0) general.planning@moray.gov.uk The town is laid out along the coastline and has a number of school, parks, golf clubs and shopping / leisure facilities. The residential development opportunity is located to the east of Buckie in the small hamlet of Rathven. Access is to be provided from the main road running through Rathven. This attractive site is suitable for around 8 houses with gardens sloping down to Rathven Burn.

13 Further Information For further information or to request a viewing of the land please contact the sole letting agents Cushman & Wakefield: Justin Beveridge justin.beveridge@cushwake.com or the owners, Seafield and Strathspey Estate: Andrew Norval (norval@seafield-estate.co.uk) Sandy Lewis (lewis@seafield-estate.co.uk) Cushman & Wakefield One Edinburgh Quay 133 Fountainbridge Edinburgh EH3 9QG Seafield Estate Office Cullen Buckie AB56 4UW Tel: Tel:

14 Conditions of Sale 1. Offers subject to detailed planning consent etc are acceptable, and plans or proposals should be submitted. Unconditional offers are also invited. 2. In the event of a sale subject to detailed planning Date of Entry will be 28 days following written receipt of detailed planning consent. As part of the process of submission for detailed consent the successful party will prior to submission submit plans and all relevant information to Cushman & Wakefield as agents for Seafield and Strathspey Estates. Seafield and Strathspey Estates require to be satisfied that the proposals are likely to be acceptable to The Authority. For the avoidance of doubt Seafield and Strathspey Estates have a period of 5 working days to comment on these proposals. Should Seafield and Strathspey Estates advisors believe such proposals are likely to cause delay or unlikely to be satisfactory Seafield and Strathspey Estates will have the right of an objection. Roads Construction Consent and building warrant will be submitted by a successful party but the transaction will only be subject to detailed planning consent. 3. A non returnable deposit will be payable on conclusion of missives. Title will not be provided. Please state the sum offered. 4. If sold subject to detailed consent, the deposit offered should be clearly advised. The successful party will have 12 months to obtain detailed planning consent from the time of conclusion of missives. Updates of all planning decisions or information must be regularly reported to Seafield and Strathspey Estates via Cushman & Wakefield. 5. The sale is subject to CLAWBACK provisions. If sold to a third party as a whole or part of the site larger than one single house plot will be subject to clawback when uplift in the overall or pro rata sale price has been achieved. CLAWBACK will occur following settlement of the onward sale. This is for a period of 10 years following receipt of detailed planning consent. The clawback is 70% of any uplift payable to Seafield and Strathspey Estates in the first 3 years, 50% in 4-6 years and 30% in years A standard security will be held over the land taking account of the normal funding arrangements. 6. Offers must be ratified by the main board of any company submitting. Interviews may be held. Financial information should be provided regarding the ability to pay for the site. Holding company covenants are required in the case of bids from plc s. 7. Offers should be accompanied by proposals which provide the development coverage and density of development. A planning statement should be provided together with technical details of the drainage resolution. Any abnormal costs should be identified. Where price is subject to development coverage a formula should be provided which allows clarity, if density reduces/increases how prices affected. 8. A price per square foot of development should be stated as well as a headline price. An overage agreement will be a condition of sale. A base scheme will be agreed together with a base price. Any increase in floor area will be subject to the pro rata increase. NOTICE OUR CLIENT IS NOT BOUND TO ACCEPT THE HIGHEST OR INDEED ANY OFFER PROPERTY MISREPRESENTATION ACT Cushman & Wakefield (and their Joint Agents where applicable) for themselves and for the vendors or lessor of this property for whom they act, give notice that: i) these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Cushman & Wakefield cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; iii) rents quoted in these particulars maybe subject to VAT in addition; iv) Cushman & Wakefield will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and v) the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to it s state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements. vi) no employee of Cushman & Wakefield (and its subsidiaries (and their Joint Agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;

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