Published: Thursday, 9th October, 2008 09:10
Mystery developer buys former Inverkeithing Primary School
By Ally McRoberts
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THE old buildings which formed Inverkeithing Primary School could be turned into housing after they were sold last week for around £500,000.
A Scottish property company snapped up the site, off Roods Road, after an auction in Glasgow and it’s anticipated the old schools will be converted into new flats.
They were put up for sale by Fife Council and the guide price was £425,000 to £475,000, with an undisclosed sum eventually proving acceptable.
Shaun Vigers, auctioneer and director of SVA Property Auctions, said, “It was sold post-auction.
“We had to withdraw it as it didn’t quite get to the reserve price under the hammer but immediately thereafter someone offered us what we were looking for so we did a deal.
“I’m pleased we’ve got it away. It was sold on an unconditional contract and a deposit has been paid.
“I can say it’s a Scottish property company that has acquired it but I don’t know what their intentions are.”
The site contains two schools, the single-storey junior primary that dates from 1874 and the two storey senior primary which was completed in 1913.
In the description, SVA Property Auctions said both schools are category C listed buildings and could provide around 25,000 square feet of accommodation.
The brochure said that both were “handsome” buildings, close to the town centre and the railway station.
It added, “It is envisaged that, subject to appropriate planning consents, the property will be developed for residential or commercial use.”
The council also received more than expected for an unattractive-looking former depot at 99 Chalmers Street, Dunfermline, that may also end up as housing.
Mr Vigers said, “We also got rid of the Chalmers Street property and it fetched £260,000 under the hammer, which was more than the guide price.
“It could still be used as a depot as it’s a perfectly good and serviceable space but long term I would have thought it would be a site for housing.”
The plot consists of offices, a workshop, several stores and a toilet block.
One property that’s still up for grabs is a historic 17th century townhouse in Inverkeithing that was put on the market by the Church of Scotland.
A deadline of last Friday was set for the sale but no-one met the asking price for the townhouse, which is still on the market at offers over £110,000.
The grade A listed building, in the town’s Church Street, was said to have been built between 1666 and 1670 but it’s been in the ownership of the Kirk since 1907.
It was converted into a church hall in the 1920s and was, until recently, used by St Peter’s Church.
However, following the decision to unite the congregations of St John’s and St Peter’s churches to form Inverkeithing Parish Church, it was decided to sell the townhouse.
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