galbraithgroup.com

CAULDCOATSMILLERHILL ROAD, DALKEITH, EH22 1SH

A PRIME STEADING CONVERSION AND NEW BUILD OPPORTUNITY.

Edinburgh City Centre 6 miles Newcraighall station 1 mile City by-pass 2 miles

• 7 conversions and 5 new houses • Highly accessible site• Planning status - minded to grant consent• Farmhouse requiring renovation.• 4.5 acre paddock.

About 7.50 acres (3.0ha) in all. For sale as a whole or in 3 lots.

@Galbraith_Group

galbraithgroup.com

GENERALCauldcoats is situated in a highly accessible location on Edinburgh’s eastern edge. The city centre, the city bypass and the airport are all within easy reach. Locally the shopping facilities in Dalkeith and Musselburgh and the retail park at Fort Kinnaird are a short drive away.

The park and ride at Newcraighall station allows fast access to the city centre for commuters.

DESCRIPTIONCauldcoats is currently a working farm steading however Midlothian Council is minded to grant planning consent for the conversion of the traditional farm buildings into 7 houses and the construction of 5 new homes. The conversions will comprise 5 x 4 bedroom houses extending to between 104 and 190 sqm and 2 x 3 bedroom houses extending to about 130 sq m. The new builds are all detached 4 bedroom homes extending to between 146 and 172 sqm.

Cauldcoats Farmhouse is an attractive traditional dwelling built of stone under slate roofs. There are 2 reception rooms and kitchen on the ground floor and 4 bedrooms, bathroom and shower room on the first floor. It requires modernisation but has clear potential to enhance the development of lot 1.

The paddock lies to the west of the farmhouse and is currently used as pasture for grazing livestock.

PLANNINGA planning application (16/00306/DPP) was lodged with Midlothian Council in 2016. In January 2017 the Council resolved to “be minded to grant planning permission” for the conversion of the traditional farm buildings to form 7 dwelling houses and the erection of 5 new houses subject to completion of a Section 75 Agreement.This Section 75 Agreement is being negotiated between the seller and Midlothian Council in relation to developer contributions for education, community facilities, the Borders railway and other transport infrastructure.These developer contributions will be deducted from the sale price. Further details are available from the selling agents.

METHOD OF SALE (see plan)Lot 1 Cauldcoats Steading. 2.69 acresLot 2 Cauldcoats Farmhouse. 0.32 acresLot 3 4.5 acres of pasture

FURTHER INFORMATION

VIEWINGStrictly by appointment with the selling agents Galbraith (0131 240 6960). Viewers are advised that Cauldcoats Steading is currently part of a working farm and livestock and machinery will be on site.

SITE CLEARANCEThe modern farm buildings will be removed from the site by the date of entry.

@ckdgcommercial@Galbraith_Group

SERVICES (currently on site)Mains electricity (lots 1 & 2)Mains water (lots 1 & 2)Private drainage (lot 2 only)

DEVELOPMENT CLAWBACKIn the event that planning consents, in addition to consent for 7 conversions and 5 new build homes, are obtained within 20 years of the date of entry, the seller will be entitled to 25% of the uplift in value. Details are available from the selling agents.

RIGHTS OF ACCESS/SERVITUDESIn the event of a sale in lots the buyers of the various lots will be granted all necessary rights of access and servitudes etc. A right of access over lot 1 to lots 2 and 3 for all purposes will be reserved.

TELECOMMUNICATIONS MAST A telecommunications mast site is let to Airwave Solutions Ltd until 31st August 2020 at an annual rent of £4500. This site is included in the sale (lot 1).

LOCAL AUTHORITYMidlothian CouncilFairfield House8 Lothian RoadDalkeithEH22 3ZNTel: 0131 271 3317www.midlothian.gov.uk

ARCHITECTSGilbert Architects39 GrassmarketEdinburgh, EH1 2HS0131 247 3100www.gilberts.co.ukemail@gilberts.co.uk

SOLICITORSShepherd and Wedderburn LLP1 Exchange Crescent Conference SquareEdinburgh, EH3 8UL0131 228 9900www.shepwedd.cominfo@shepwedd.com

galbraithgroup.com @Galbraith_Group

IMPORTANT NOTES1 These particulars are intended to give a fair and overall description of the property. If any points are relevant to your interest, please ask for further information, prior to viewing. Prospective purchasers are advised to seek their own professional advice.2 Areas, measurements and distances are given as a guide. Photographs depict only certain parts of the property. Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances.3 These particulars shall not be binding on our clients whether acted on or otherwise, unless the same is incorporated within a written document, signed by our clients or on their behalf, satisfying the requirements of Section 3 of The Requirements of Writing (Scotland) Act 1995.4 A closing date may be fixed. Prospective purchasers who have notified their interest through lawyers to Galbraith, in writing, will be advised of a closing date, unless the property has been sold previously.The Seller will not be obliged to accept the highest, or indeed any offer and has the right to accept an offer at any time or withdraw the property from the market. The Seller will not be liable for any costs incurred by interested parties.5 Formal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to Galbraith, 59 George Street, Edinburgh, EH2 2JG.6 The subjects are sold together with and subject to all existing rights of way, servitudes, wayleaves and others whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have satisfied themselves in all respects thereof.