One of Scotland’s largest independent firms of chartered surveyors, DM Hall, has completed the sale of the former St Agatha’s Primary School in Kirkintilloch.
Acting on behalf of East Dunbartonshire Council, DM Hall sold the one-acre site at the corner of Gartshore Road and Waterside Road for an undisclosed sum to developer Panacea Property.
Graeme Todd, a partner in the Agency Department of DM Hall’s Glasgow office who oversaw the sales process, said: “Following an extensive marketing exercise, we secured considerable interest in the site which led to the setting of a closing date and the receipt of eight offers focused upon various proposals for residential development and conversion”.
Developer Panacea has plans to convert the original school buildings into six flats and nine new build houses, with a mix of detached, semi-detached and terrace houses.
Bruce Lindsay, Property Development Manager of Panacea, said: “Construction will be starting at once and completion is programmed for early 2021, although advance marketing will get underway during the course of next year”.