MCR Property Group has acquired a 37.3-acre site in Solsgirth, Clackmannanshire, which it hopes to transform into a residential development.
The Manchester and London-based developer said it is “exploring options” to deliver a residential-led scheme on the land, which falls under the Clackmannanshire Local Development Plan.
Home to the former Solsgirth colliery, the countryside site has views of the Ochil Hills and nearby woodland.
Gregor King, asset manager at MCR Property Group said, “The attractive county town of Dollar is a popular residential area thanks to its high performing independent school, Dollar Academy, tranquil setting and enviable commuter links. At a time when the Scottish housing market is proving extremely buoyant, with house prices growing quicker than the UK average, we’re delighted to have acquired this significant site. We’re working closely with local planners on a strong vision for the site to create new homes that fully integrate with their stunning surroundings.”