Appendix 1 - CPIP Expenditure Programme

Perth and Kinross Council · 22 April 2026
Back to Economy and Infrastructure Committee — 22 April 2026 and its agenda

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Page 1

COMMERCIAL PROPERTY INVESTMENT PROGRAMME 2024-2034 At risk APPENDIX 1
Some issues
On target 2022/23
to
2033/34
In Current F&R Report or Politically Sighted or OBC's available 2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 Total
Decision Required on whether these Projects will
Progress/Interdependency with other Sites/Council Decisions
Project
Progress Actual Actual Actual Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget
Ledger Code Project Details Additional Notes Area Tier RAG £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
(Available) or Projected Funds Brought Forward at 1st April (2,558) (2,248) (2,102) (2,332) (6,167) (1,865) (1,213) (2,648) (2,998) (1,598) (1,598) (1,398) (2,558)
Feb 24 - Budget Motion Council Investment Land & Units £2m(£1m 24/25
and £1m 25/26) ; Corporate Borrowing
0 0 (1,000) (1,000) 0 0 0 0 0 0 0 0 (2,000)
Feb 25 - Budget Motion Council Investment - Land & Units £7m (£3m 25/26,
£2m 26/27 and £2m 27/28); Additional Borrowing
0 (3,000) (2,000) (2,000) 0 0 0 0 0 0 (7,000)
Available or Projected Funds For in Year Spend (2,558) (2,248) (3,102) (6,332) (8,167) (3,865) (1,213) (2,648) (2,998) (1,598) (1,598) (1,398) (11,558)
1-31-6110-0003 Project 1 North Muirton Industrial Estate - Site Servicing & Provision of Units Remaining budget  for Vesting
Pumping Station
1 14 11 0 0 0 0 0 0 0 0 0 26
1-31-6110-0013 Project 2 Broxden Business Park - Additional Infrastructure Adoption Works Part of the
Broxden Drainage Mitigation
Project
27 4 0 0 0 0 0 0 0 0 0 0 31
1-31-6110-0005 Project 3 Western Edge, Kinross - Site Servicing Remaining budget for Road
Adoption & Vesting Pumping
StationWorks
13 21 17 0 0 0 0 0 0 0 0 0 51
1-31-6110-0014 Project 4 Broxden Drainage Works Final Project Budget Cost
2,106,176.48 + £2880 Maintenance
Contract
71 279 1,844 17 0 0 0 0 0 0 0 0 2,211
1-31-6110-0014 Project 4 Broxden Drainage Works (Scottish Water Contribution) Scottish Water £1,281k
contribution towards the project
not contributing toward Nightshift
or Compound
0 (209) (1,104) 0 0 0 0 0 0 0 0 0 (1,313)
1-31-6110-0015 Project 5 Ruthvenfield Demolition Ruthvenfield Business Centre
aborted after demolition in leui of
Ground Lease with SSE
282 16 0 0 0 0 0 0 0 0 0 0 298
1-31-6110-0015 Project 5 Ruthvenfield Business Centre (Dilapidation Contribution) (114) 0 0 0 0 0 0 0 0 0 0 0 (114)
1-31-6110-0016 Project 6 North Muirton Drainage 30 15 0 0 0 0 0 0 0 0 0 0 45
1-31-6110-0018 Project 7 Mercian Buildings Industrial units on Shore Road, Perth 0 0 0 451 0 0 0 0 0 0 0 0 451
1-31-6110-0017 Project 8 Crioch Business Centre, Crieff 0 0 0 316 0 0 0 0 0 0 0 0 316
Proposed Projects for Building Stock Area Tier
1-31-6110-0019 Project 9 - Northfield Business Park - 8  Business Units SCAPE Framework Consultancy and
Construction
Perth Core 1 0 0 0 0 3,654 0 0 0 0 0 0 0 3,654
Project 10 - Northfield Business Park - 4  Business Units ( Phase 2 ) SCAPE agreement for 2nd phase
with price review ( inflation etc )
Perth Core 1 0 0 0 0 0 0 1,340 0 0 0 0 0 1,340
1-31-6110-0020 Project 11 - 6 no. units at Plot 4 Kinross West SCAPE Framework Consultancy and
Construction
Kinross 2 0 0 0 0 2,683 0 0 0 0 0 0 0 2,683
Project 12 - Blairgowrie Welton Road SBUs Business Case for Development
PKC land in Blairgowrie
Blair / Ratt 2 0 0 0 0 200 2,400 0 0 0 0 0 0 2,600
Project 13 - Pitlochry Burnside Street SBUs Demolition of Burnside Toilets and
development of 2 SBUs
Highland 3 0 0 0 0 0 600 0 0 0 0 0 0 600
Project 14 - Blackford, Depot SBU's Development of 6 SBUs in vacant
land ( Ownership Contestable )
Highland 3 0 0 0 0 0 0 0 200 1,400 0 0 0 1,600
Project 15 - Site 6 -Northfield Business Park Highland Fine Cheese Shell HFC to return Business Case by
October 2025
Perth Core 1 0 0 0 0 0 0 0 0 0 0 0 0 0
Project 16 - ATS Refurbishment, Inveralmond Road Refurbishment and Conversion of
ATS Building into 3 SBUs
Perth Core 1 0 0 0 0 0 1,200 0 0 0 0 0 0 1,200
Project 17 - Land South Turfhills Depot, Infrastructure, Kinross Feasibility Study and Business Case
for Development PKC land in
Kinross
Kinross 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Project 18 - Broich Business Centre, Crieff Maintenance and Investment led
Recycling Centre Project will
provide employment land for
development.
Crieff 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Project 19 - Aldour Business Centre, Pitlochry, 3 Business Units Masterplan by Maintenance and
Investment for recycling centre
redevelopment will provide approx
0.38 acres for SBUs approx 3 units
Highland 3 0 0 0 0 0 0 0 0 0 0 0 900 900
INFORMATION CHECKED BY
FINANCE (CF) PLEASE DO NOT
AMEND THESE COLUMNS
SCAPE Contract for Both Projects

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Project 20 - Land South Turfhills Depot, SBUs, Kinross Priority is to create serviced
employment land. Development of
PKC SBUs only considered
following reasonable period of
marketing for businesses to
develop and occupy as per
Disposal 21.
Kinross 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Project 21 - Borlich Business Centre, Aberfeldy Subject to employment land from
Residential Development
Highland 3 0 0 0 0 0 0 0 0 0 0 200 1,400 1,600
0 0 0 0 0 0 0 0 0 0 0 0 0
Project 23 - Perth West, Infrastructure TBC Contribution and enabling
works
Perth Core 1 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0
Project 25 - Aberfeldy SBUs Development of vacant land in
Aberfeldy Industrial Estate (
Concept design and estimate tbc )
Highland 3 0 0 0 0 0 700 0 0 0 0 0 0 700
Total Expenditure 310 140 768 784 6,537 4,900 1,340 200 1,400 0 200 2,300 18,879
Disposal 1 North Muirton Industrial Estate - Site 6 Land reserved for HFC until
October 2025 Business Case
deadline. Disposal Rates Revalued
2.4 acres @ 200k / acre = £480k if
Project 15 does not go ahead
Perth Core 1 0 0 2 0 0 0 0 0 0 0 0 0 2
Disposal 2 North Muirton Industrial Estate - Site 7 Land reserved for Gypsy Traveller
SIte subject to Planning
Permission. Value of
Interdepartmental Transfer TBC
Perth Core 1 0 0 0 0 0 0 0 0 0 0 0 0 0
Disposal 3 North Muirton Industrial Estate - Site 8 Developed as PKC Asset Perth Core 1 0 0 0 0 0 0 0 0 0 0 0 0 0
Disposal 4 North Muirton Industrial Estate - Site 9 Disposal offers £235k accepted. Development lease due to be completed 2027Perth Core 1 0 0 0 0 (235) 0 0 0 0 0 0 0 (235)
Disposal 5 North Muirton Industrial Estate - Site 12 Disposal offers received £2m
awaiting Committee Approval
Perth Core 1 0 0 0 0 0 0 (2,000) 0 0 0 0 0 (2,000)
Disposal 6 North Muirton  - Site 12A Perth Core 1 0 0 0 0 0 0 0 0 0 0 0 0 0
Disposal 7 Western Edge Kinross - Site 1 Disposal offers £114k accepted.
Development lease due to be
completed 2025
Kinross 2 0 6 0 (114) 0 0 0 0 0 0 0 0 (108)
Disposal 8 Western Edge Kinross - Site 4 Developed as PKC Asset Kinross 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Disposal 9 Western Edge Kinross - Site 5 Disposal offers £505k accepted.
Development lease due to be
completed 2025
Kinross 2 0 0 0 (505) 0 0 0 0 0 0 0 0 (505)
Disposal 10 Birnam SBUs CPO A9 Duelling Birnam Tay
Crossing Autumn 2028
Highland 3 0 0 0 0 0 0 (130) 0 0 0 0 0 (130)
0 0 0 0 0 0 0 0 0 0 0 0 0
Disposal 12 Mercian SBUs Disposal Disposal to be approved Tenants to
be offered 3 years lease prior to
sale
Perth Core 1 0 0 0 0 0 0 0 (550) 0 0 0 0 (550)
Disposal 13 Crioch SBUs Disposal Disposal to be approved Tenants to
be offered 3 years lease prior to
sale
Crieff 2 0 0 0 0 0 (400) 0 0 0 0 0 0 (400)
Disposal 14 Food and Drink Park Units Disposal to be approved Tenants to
be offered 3 years lease prior to
sale
Perth Core 1 0 0 0 0 0 0 (645) 0 0 0 0 0 (645)
Disposal 15 Fonab Business Centre, Pitlochry CPO A9 Duelling Pitlochry
Killicrankie Autumn 2026
Highland 3 0 0 0 0 0 (243) 0 0 0 0 0 0 (243)
Disposal 16 Fonab Business Units, Pitlochry Disposal to be approved Tenants to
be offered 3 years lease prior to
sale
Highland 3 0 0 0 0 0 (160) 0 0 0 0 0 0 (160)
Disposal 19 Inveralmond & Whitefriars Disposals Sale agreement with private
landholder
Perth Core 1 0 0 0 0
0
(1,445) 0 0 0 0 0 0 (1,445)
Disposal 20 Broich Commercial Plot Disposals Disposal of 6 acres of Serviced
Employment Land
Crieff 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Disposal 21 Serviced Land South Turfhills Depot Plot Disposals Disposal of 4 acres of Serviced
Employment Land ( dependent on
Project 20 )
Kinross 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 0 6 2 (619) (235) (2,248) (2,775) (550) 0 0 0 0 (6,419)
(Available) or Projected Funds at 31st March (2,248) (2,102) (2,332) (6,167) (1,865) (1,213) (2,648) (2,998) (1,598) (1,598) (1,398) 902 902
Check 0
2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 Total