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Industrial Development Opportunity , 603 Helen Street, Glasgow, G51 3AR

not specified / Land

For Sale - £500,000.00

Under Offer - Last updated: 25 September 2021

The site currently houses a large sunken gasholder which will be dismantled and cleared prior to sale.

A gas govenor and telecommunications mast is located in the south eastern corner of the site and will be excluded from the sale. Access rights will be retained.

The cleared site will extend to 2.70 ac. primarily surfaced in type 1 and type 2 aggregate, secured by a palisade fence and secure access gates. A gas distribution station and telecoms mast are also on site to the south east of the site.
( Agency Pilot Software Ref: 49719 )

Location

Glasgow is Scotland’s largest city with a population in excess of 600,000 people and is located on the upper reaches of the River Clyde in west central Scotland. The property forms part of a wider site, with Buchanan Bespoke at the entrance of the site, which is situated on the east side of Helen Street, immediately north of the M8 Junction 24, which provides ease of access to the motorway network with good connections to central and western Scotland.

Access to the City Centre is also available to the north east via Pacific Drive/Govan Road and the Glasgow Arc Bridge. Properties to the north of the subjects comprise a concentration of retail uses such as Asda, McDonalds and the Strathclyde Police Headquarters. Pacific Quay, home to BBC Scotland and Scottish Television, along with other similar modern offices is close-by to the north east. Govan Subway Station is located within walking distance to the north at the top of Helen Street and Cardonald Railway Station is approximately one mile away to the west.

Accommodation

We estimate that the site area extends to approximately 2.7 acres (1.09 HA).

Terms

PLANNING Helen Street is zoned with no particular development allocation in the Glasgow City Development Plan. Generally uses will be supported if they are in the character of the previous use of the site and current uses of the surrounding area, and introduce no significant harm to the existing amenity of the area. As a brownfield site, preference will be given to the regeneration of this site for productive use. Due to the location and surrounding uses it is presumed that uses in Classes 4 (Business), 5 (General Industrial), and 6 (Storage and Distributions) will potentially be acceptable. It will be incumbent upon any purchaser to satisfy themselves with regards to planning for a proposed use

OFFERS Offers in excess of £500,000 are invited for our clients heritable interest in Helen Street. Should a closing date for offers be set, any interested parties are advised to notify the joint selling agents of their interest in order to be kept advised of a closing date. Offers will be required to be in Scots legal form and should provide information relative to their offer supporting their proposal both in terms of technical consideration and deliverability as well as being able to demonstrate ability to fund the proposed development. Information which requires to be submitted with the legal offer will be set out in the closing date notification letter.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £500,000.00 NA

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Mark Gillies

Graham + Sibbald

0141 432 1220



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