The property comprises an area of brownfield land extending in total to approximately 103 acres (41.70 hectares) across a site dissected by the M74 motorway and connected via an underpass.
Northern Site
The northern section of the site extends to c.27 acres and is broadly semi-circular in shape and bound by the M74 to the south and River Clyde to the north. The topography of the site is such that it rises upward from the M74 to a central ridge and thereafter slopes downwards towards the banks of the River Clyde which delineate the remaining boundary of this site. Two small electrical substation buildings lie within this section.
The site is accessed by an underpass from the southern section under the M74 Motorway as well as via an access road to the western corner of the site.
Southern Site
The southern section forms the largest element of the site extending to approximately 76 acres. The site is irregular in shape and historically accommodated the operational Clydebridge Steelworks and associated infrastructure. The former steel works buildings (totalling c.412,000 sqft GIA), remain in-situ and comprise the main steelworks facility, which is located centrally within this site, together with a small single storey workshop, two storey office and a security office. The topography of the site is generally flat.
The site is bound by the M74 to the north, River Clyde to the east, main Scottish rail network to the south and Tilicoutry Quarries to the west. The site is accessed by Ballochmill Road to the west and Bogleshole Road to the south via a 4m underpass.
Location
The property is located in the Cambuslang area, 4 miles to the southeast of Glasgow city centre. Cambuslang is a prime industrial location and a well-established business location with outstanding access to Scotland’s wider motorway network. The M74 is within close proximity, providing easy access to the east and south of Scotland as well as England.
Cambuslang has evolved into Scotland’s premier industrial destination with a significant number of SME’s and global brands located in the area including Scottish Power, Speedy Hire, Tennents Brewery, Muller and DHL.
Accommodation
Size - approximately 103 acres (41.70 hectares)
Terms
Planning - The subject lies within the South Lanarkshire council jurisdiction. The development plan relevant to the subject site comprises National Planning Framework 4 (NPF4), (February 2023) and the adopted South Lanarkshire Local Development Plan 2 (2021).
The proposals map of the South Lanarkshire Local Development Plan identifies the full site as forming part of a wider area that is allocated as a ‘Core Industrial and Business Area’, where LDP Policy 8 ‘Employment’ offers support for Class 4 (Business), Class 5 (General Industrial) and Class 6 (Storage & Distribution) uses.
Planning advice prepared by North Planning and Development. All interested parties should satisfy themselves for future planning uses.
Technical Information - A full range of technical information will be available for the site in due course. Further information can be provided to registered parties.
Offers - Interested parties are advised to note their interest in writing to the sole selling agent Knight Frank. All parties who notify interest will be informed of closing date arrangements.
The vendors are seeking offers for the Heritable Interest in the site as a whole, exclusive of VAT.
The vendors will be seeking net offers to be submitted on a ‘clean’ unconditional basis.
The purchaser will be responsible for their own legal costs and all taxes associated with this transaction.