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Development Opportunity, South Rotunda, Pacific Quay, Glasgow, G51 1EB

12,265 Sq Ft / Offices

Sold - Last updated: 21 December 2016

The South Rotunda, located within Pacific Quay Business Park is a landmark B listed building overlooking the River Clyde and SECC. The building offers a number of potential uses following redevelopment including office, leisure or high quality restaurant or cafe use. Pacific Quay is one of Scotland's most successful waterfront developments incorporating a diverse range of uses including business, residential and leisure. The first phase of the 28 acre business park was completed in 1998 and tenants now include the Scottish Criminal Records Office, Buro Happold Engineers, Capital Radio and Princes Trust. The BBC have recently commenced new Scottish HQ of 257,000 sq ft (23,929 sq m) and SMG have pre let a 64,000 sq ft (5,945 sq m) building for a new HQ. Both these lettings confirm Pacific Quay as the premier media hub for Scotland.

Location

Pacific Quay is accessed via junctions 20 and 22 of the M8 and Kingston Bridge and Govan Road, which connects to Paisley Road West to the south of the site. An integral part of future development will include the new four-lane Finnieston Bridge, linking into Glasgow’s CBD, which is due to complete in Autumn 2006. In addition Pacific Quay is in close proximity to Cessnock underground station, SECC railway station and numerous established bus routes on Paisley Road West and Govan Road.

Accommodation

An indicative scheme layout has been prepared which suggests that a Gross Internal Area of 1,140 sq m (12,265 sq ft) can be created within the South Rotunda. Interested parties will require to undertake their own assessment of the appropriate development size dependent or their specific requirements. The building also benefits from 18 car parking spaces accessed from the shared access road and 4 disabled car spaces located to the south of the building.

Terms

Sale/Lease Terms
Our client is seeking offers for the benefit of the feuhold interest in respect of South Rotunda with the benefit of vacant possession.
The accommodation is also available on a leasehold basis. Further information regarding lease terms available on application.
Purchaser Obligations
Potential purchasers will have to satisfy themselves as to the reservations, wayleaves and rights of access to the site and develop the building in accordance with plans, design and timescales acceptable to Pacific Quay Developments Ltd. Further details regarding purchaser obligations are available on request.
User Restrictions
In accordance with the Pacific Quay Business Park deed of conditions, the South Rotunda shall not be used for any other use except as class 2 or 4 offices or for such other use (excluding any use as a public house, licensed club or themed bar/restaurant) subject to prior approval.

Specification

  • UNIQUE DEVELOPMENT OPPORTUNITY
  • Indicative Gross Internal Area 1,140 sq m (12,265 sq ft)
  • 22 dedicated car parking spaces


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