Shepherd Chartered Surveyors have set a closing date of the 3rd December for the sale of the Madras College site at Kilrymont. The site is expected to be available for development from August 2021, after pupils have moved to the new Madras College at Langlands.
The 15.5 acres site includes the ‘B’ listed Madras College buildings, comprising the 109,764 sq ft school and its 15,672 sq ft sports hall, associated car parking, playing fields and amenity space.
Jonathan Reid, a commercial partner at Shepherd’s, said: “This site has generated much interest and, consequently, we have set a closing date on its sale. All interested parties are encouraged to make pre-application enquiries to Fife Council Planning Services and as such we have set the closing date to allow all interested parties the time to conduct this part of their due diligence.”
Councillor Brian Thomson said that developing the site could be challenging.
“I really hope that the site can be redeveloped as soon as possible, with the recent fire at Viewforth High School’s former building an example of what can happen when such buildings are left vacant,” he said. As such, I’d hoped that a closing date could have been set sooner.
“However, in the current economic climate, and with the unfortunate listing of the buildings to contend with, it’s clearly not going to be an easy site to redevelop, and it’s understandable that potential developers will wish to take some time in assessing the risks and putting together schemes for the site.
“My clear preference is for a significant amount of affordable housing to be built on the site, but I recognise that may be challenging due the constraints imposed by the listing of the buildings.”