FOR SALE SITE OF THE FORMER ABBEY PARK HOUSE ST ANDREWS - Prestigious St Andrews hotel development opportunity - JLL ...
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FOR SALE
SITE OF THE FORMER
ABBEY PARK HOUSE
ST ANDREWS
Prestigious St Andrews hotel
development opportunity.
ABBEY WALK
KY16 9LB
LOCATION 42,000 rounds per annum are played on the
Old course. Playing at the Old Course in
1 St.Leonard’s Lodge -
Proposed Business Centre
3 Robertson Homes -
Future Residential Development
7 Walled Garden -
Bield Housing and Care
St Andrews is a pilgrimage almost every 2 St. Nicholas House - 4 Robertson Homes - 8 Robertson Homes
St Andrews is located within the Kingdom golfer hopes to make. completed refurbished Future Residential Development 9 Roberston Homes
of Fife, Scotland and is circa 13 miles to residential development 5 Orchard 10 Fife Council - Affordable housing
the south of Dundee Airport, 47 miles The Fairmont resort in St Andrews 6 McCarthy & Stone
from Edinburgh Airport and 90 miles has been recognised as Scotland’s
from Glasgow Airport. best golf resort and spa by the World
FOR SALE SITE OF THE
Travel Awards.
St Andrews has a population of around
17,000 people, of which 8,000 comprise St Andrews attracts around 1.24 million
St Andrews University staff and students. overnight stays per annum, generating SITE OF THE FORMER
FORMER ABBEY PARK
3
St Andrews is renowned globally due to its
tourism expenditure of £98m in 2012.
There are currently 648 hotel rooms in town
ABBEY PARK HOUSE
golfing heritage and famous University. 1 ST ANDREWS
HOUSE ST ANDREWS
in 16 hotels. Almost 68% of St Andrews 4
The Old Course is the most frequent serviced accommodation is made up 2
venue for The Open Championship and of 4 & 5 star graded property. Research
the famous links course is commonly shows that in order to meet its potential
regarded as the ‘Home of Golf’. visitor demand, St Andrews needs
Prestigious hotel The site is centrally located to the south around 200 additional hotel rooms
of Abbey Walk (A917). The site is in close by 2020.
development opportunity. proximity to South Street, Market Street 5
St Andrews University was the first
and North Street which contain the university established in Scotland and the
majority of St Andrew’s retail and third oldest in the English speaking world,
leisure facilities. founded in 1413. It is considered to be
6
There are 11 Golf courses in and around one of the best universities in the United
St Andrews. Eight of which are regarded Kingdom. 30% of the university’s intake
as ‘championship class’. Over 250,000 is international students from over 100
rounds are played in total over the ten countries, with 15% of the current student
courses, 60% local and 40% visitor, and population coming from North America.
DEVELOPMENT 8
AREAS 1-10 ALREADY 7
UNDER CONSTRUCTION 10
9
Over the last nine years Robertson Homes have invested and THE SITE OPPORTUNITY PLANNING
assembled various sites within Abbey Walk to create an enviable master The site is identified within the The site previously contained Abbey Park The site is now zoned within the
St Andrews & East Fife Local Plan
plan. This vision, led to ‘Knightsbridge’ developing two residential as adopted on the 5th October 2012.
House, which was demolished due to its
condition. Precedent for Hotel use on the
adopted St Andrews & East Fife Local
Plan, and forms a fundamental part
parcels encompassing circa 40 apartments. Robertson Homes created The former Abbey Park House site is site was made when planning permission of Fife Council’s effective land supply
located off Abbey Walk, within the was granted to form a 47 bedroom for the plan period.
‘Knightsbridge’ in 2001 to capitalise on the luxury housing market St Andrews Conservation Area and within hotel including restaurant, leisure and
Previously, Abbey Park House benefitted
within prestigious residential locations such as St Andrews. the settlement boundary as designated conference facilities, however, this
assumed retention of the building. from detailed planning consent for
in the Adopted St Andrews & East Fife a 47 bedroom hotel (class 7) including
Depending on the owner/brand
The site benefits from zoning for Hotel use in the Local Plan. Local Plan. The site is bounded to the
requirements for bedroom/food and
restaurant, leisure and conference
east by McCarthy and Stone and Bield facilities and associated works
The site previously contained Abbey Park House, which was Housing and Care, with Robertson
beverage ratio, we expect a higher subject to various conditions. As the
bedroom count could be achieved.
demolished due to its condition, creating an opportunity to Homes development of townhouses
The site is surrounded by new residential
building has since been demolished,
a new planning application will be
and apartments to the south, and Fife
construct a hotel on the site, built to owner/brand specification. Council’s affordable housing to the east. developments by McCarthy and Stone, required, albeit precedent exists for
Robertson Homes, Bield Housing Care Hotel use on the site.
Access to the site is taken from Abbey
and Fife Council. The site extends to
Walk and the site is fully serviced. approximately 1.62 acres (0.66 Ha).
1 St.Leonard’s Lodge - 3 Robertson Homes - 7 Walled Garden -
Proposed Business Centre Future Residential Development Bield Housing and Care
2 St. Nicholas House - 4 Robertson Homes - 8 Robertson Homes
completed refurbished Future Residential Development 9 Roberston Homes
residential development 5 Orchard 10 Fife Council - Affordable housing
6 McCarthy & Stone
3 SITE OF THE FORMER
ABBEY PARK HOUSE
4
1 ST ANDREWS
2
5
6
8
7
10
9
THE SITE OPPORTUNITY PLANNING
The site is identified within the The site previously contained Abbey Park The site is now zoned within the
St Andrews & East Fife Local Plan House, which was demolished due to its adopted St Andrews & East Fife Local
as adopted on the 5th October 2012. condition. Precedent for Hotel use on the Plan, and forms a fundamental part
The former Abbey Park House site is site was made when planning permission of Fife Council’s effective land supply
located off Abbey Walk, within the was granted to form a 47 bedroom for the plan period.
St Andrews Conservation Area and within hotel including restaurant, leisure and
conference facilities, however, this Previously, Abbey Park House benefitted
the settlement boundary as designated from detailed planning consent for
assumed retention of the building.
in the Adopted St Andrews & East Fife a 47 bedroom hotel (class 7) including
Local Plan. The site is bounded to the Depending on the owner/brand restaurant, leisure and conference
east by McCarthy and Stone and Bield requirements for bedroom/food and facilities and associated works
beverage ratio, we expect a higher subject to various conditions. As the
Housing and Care, with Robertson
bedroom count could be achieved. building has since been demolished,
Homes development of townhouses
and apartments to the south, and Fife The site is surrounded by new residential a new planning application will be
Council’s affordable housing to the east. developments by McCarthy and Stone, required, albeit precedent exists for
Robertson Homes, Bield Housing Care Hotel use on the site.
Access to the site is taken from Abbey
and Fife Council. The site extends to
Walk and the site is fully serviced. approximately 1.62 acres (0.66 Ha).
SUPPORTING
INFORMATION
A detailed technical information pack is
available upon request from the selling
agents, JLL. The technical information
pack contains the following:
• Copy of previous planning consent,
Section 75 and approved master plan
• Site Investigation Report
• Landscape / environmental
responsibilities
• Services Report
• Infrastructure implementation
• Title Plan
ST ANDREWS IS RENOWNED GLOBALLY
DUE TO ITS GOLFING HERITAGE AND
FAMOUS UNIVERSITY.
INTIMATIONS VIEWINGS Further information about
investing in Fife is available
OF INTEREST Parties wishing to view the from the Invest in Fife team:
site should contact the Selling Anne Rennie
Interested parties are advised Economic Adviser, Fife Council
Agents who are co-ordinating
to note their interest in writing 03451 555555 ext. 442876
all viewings.
to the selling agents, in order to anne.rennie@fife.gov.uk
be advised of any closing date www.investinfife.co.uk
which may be set.
FURTHER @investinfife
OFFERS INFORMATION
For further information
Offers are invited for our client’s please contact:
heritable interest in the subjects
on an unconditional basis. Keith McBain
keith.mcbain@eu.jll.com
Robertson Homes are currently 0141 567 6684
servicing the wider site
area however parties should Steven Fyfe
refer to the additional steven.fyfe@eu.jll.com
information contained 0141 567 6685
within the technical pack.
SEALIFE CENTRE
SITE OF THE FORMER
ABBEY PARK HOUSE
Designed & produced by www.sbp-creative.com
MISREPRESENTATION ACT
Jones Lang LaSalle Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that: (1) the particulars are set out as a general
outline only for guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (2) all descriptions, dimensions, references
to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or
tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them; (3) no
person in the employment of Jones Lang LaSalle Limited has any authority to make or give representation or warranty whatever in relation to this property. JULY 2015.
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