Site Size 1.06 Ha (2.62 acres) or thereby PRESTIGIOUS RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH DETAILED PLANNING PERMISSION IN THE HEART OF ST ANDREWS

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1 PRESTIGIOUS RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH DETAILED PLANNING PERMISSION IN THE HEART OF ST ANDREWS Site Size 1.06 Ha (2.62 acres) or thereby Detailed Planning Consent for 71,900 sqft. of residential development consisting of 15 townhouses and 32 apartments

2 UNIQUE RESIDENTIAL DEVELOPMENT LAND OPPORTUNITY IN THE HEART OF THE PRESTIGIOUS TOWN OF ST ANDREWS SITES C1 & C2 Over the last nine years Robertson have invested and assembled various sites within Abbey Walk to create an enviable master plan. This vision, led to Knightsbridge developing two residential parcels encompassing circa 40 apartments. Robertson created Knightsbridge in 2001 to capitalise on the luxury housing market within unique residential locations such as St. Andrews. LOCATION St Andrews is located within the Kingdom of Fife, Scotland and is circa 13 miles to the south of Dundee Airport, 47 miles from Edinburgh Airport and 90 miles from Glasgow Airport. St Andrews has a population of around 17,000 people, of which 9,000 comprise St Andrews University staff and students. St Andrews is renowned globally due to its golfing heritage and famous University. The Old Course is the most frequent venue for The Open Championship and the famous links course is commonly regarded as the Home of Golf. The site is centrally located to the south of Abbey Walk (A917). The site is in close proximity to South Street, Market Street and North Street which contain the majority of St Andrew s retail and leisure facilities. There are 11 Golf courses in and around St Andrews. Eight of which are regarded as championship class. Over 250,000 rounds are played in total over the ten courses, 60% local and 40% visitor, and 42,000 rounds per annum are played on the Old Course. Playing at the Old Course in St Andrews is a pilgrimage almost every golfer hopes to make. The Fairmont resort in St Andrews has been recognised as Scotland s best golf resort and spa by the World Travel Awards. St Andrews University was the first university established in Scotland and the third oldest in the English speaking world, founded in It is considered to be one of the best universities in the United Kingdom. 30% of the universities intake is international students from well over 100 countries, with 15% of the current student body coming from North America.

3 BYRE THEATRE SOUTH ST. MARKET ST. NORTH ST. ST. LEONARDS SCHOOL ST. ANDREWS CATHEDRAL Opportunity to acquire a fully serviced residential development site with a detailed conditional planning consent for 15 townhouses and 32 apartments. THE OPPORTUNITY St Leonards, presents a very unique opportunity to purchase a fully serviced residential development site in the heart of the famous town of St Andrews. Robertson have recently secured detailed planning permission for the wider site area which includes 97 private units, 44 McCarthy and Stone Units and 50 Affordable Units. St Andrews has a strong demand for new build residential property. This is illustrated when looking at recent sales evidence of the adjoining development site at Kilrymont House, Adamson Court which was sold by Knightsbridge/Robertson Homes in (Full comparable evidence can be obtained from the Joint selling agents) THE SITE Site C1 & C2 extends to circa 1.06ha (2.62acres) or thereby and is located adjacent to Abbey Walk, within the St Andrews Conservation Area and within the settlement boundary as designated in the Finalised St Andrews & East Fife Local Plan. T he development sites available for sale are located directly south of the access road that currently services St Leonards Fields and Kilrymont House. The site is bounded to the north by the existing Category B listed building, Abbey Park House and the Kinness Burn bounds the south of the site. The site is fully serviced.

4 KEY 3 1 St.Leonard s Lodge allocated for circa 10,000 sq. ft. of office development 2 St. Nicholas House Refurbished Residential 3 Future Development 4 Greenside Place - Affordable Housing 5 Orchard 6 McCarthy & Stone 7 Walled Garden - Residential Development, Robertson Homes 8 Abbey Park - potential Hotel Site 9 Affordable Housing FOR SALE C1 Site 11 FOR SALE C2 Site PLANNING The site is zoned for mixed use within the finalised St Andrews & East Fife Local Plan, and forms a fundamental part of Fife Council s effective land supply for the plan period. Site C1 & C2 allows for circa 71,900 sq. ft. of private residential development on both sites taking the form of 15 townhouses and 32 new build flatted apartments. The site has detailed planning consent for the erection of a residential development and associated works. The following table illustrates the proposed units in more detail: Site C1 Townhouse House Type No. of Beds Sq. Ft. No. Type TH-A 4 Bed 2, , Total Site C2 Flatted Block House Type No. of Beds Sq. Ft. No. Type B 2 Bed 1, Type C 2 Bed 1, Type F1-B (cottage) 3 Bed 1, , Total

5 SUPPORTING INFORMATION A detailed technical information pack is available upon request from the joint selling agents, Jones Lang LaSalle or Applecrest Real Estate. The technical information pack contains the following: Site Investigation Report Copy of detailed planning consent, Section 75 and approved masterplan Landscape / environmental responsibilities Infrastructure implementation Title Plan Approved drawings of C1 and C2 INTIMATIONS OF INTEREST Interested parties are advised to note their interest in writing to the selling agents, in order to be advised of any closing date which may be set. OFFERS Offers are invited for our client s heritable interest in the subjects on an unconditional basis. Our Clients are in the process of servicing the wider site, and all viewings should be arranged through the selling agents. Should interested parties wish clarification on the content of the Technical Pack, or require additional information, then such a request should be directed through the joint selling agents

6 SEALIFE CENTRE VIEWINGS Parties wishing to view the site must contact the Joint Selling Agents who will co-ordinate all viewings FURTHER INFORMATION Designed and produced by SBP Creative For further information please contact one of the Joint Selling Agents: Jason Hogg Cameron McCallum Aaron Napier Elliot Robertson Misrepresentation Act Jones Lang LaSalle Limited and Applecrest Real Esate 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. MARCH 2012