Our client has planning approval in place for the development of an approximately 53,745 sq ft of class 6 warehouse premises, comprising steel portal frame construction, benefitting from insulated profile cladding, and an excellent secure yard space. Our client intends to commence construction of the building in January 2022, working to a construction period of 9 months. In the early stages of the development interested parties may have input into certain design specifications, so that the property can best suit their bespoke requirements.
As one of the most prominent gap sites available in Glasgow, the development will offer the occupier the unique prospect of marketing their business to over 100,000 passing vehicles per day immediately in front of the property.
Location
Stanley Street is located within the Kinning Park Area of Glasgow, located immediately south of the River Clyde and 1 mile from Glasgow City Centre. The subject property is prominently situated with excellent visibility from the M8 motorway; and close proximity to Glasgow's prime industrial estates including Kingston Bridge Trading Estate, Milnpark Trading Estate and Kinning Parkway. The site provides immediate access into the national motorway network via junctions onto the M8 and M74. Public transport links to the site are excellent with Kinning Park subway station immediately accessible, along with various bus services passing through the area.
Surrounding occupiers include Edmundson Electrical, Tresspass, Amazon, Forrest Group, BSS Group, GAP Hire Solutions, Screwfix, Toolstation, Speedy Services and Howdens. There are also excellent amenities within close proximity to the site.
Accommodation
The subjects extend to the following approximate floor areas. Please note that office accommodation is included within the current development plans, and will be provided.
Entire Property - 4,993 sq m (55,745 sq ft)
Terms
Lease Terms - The subjects are available on FRI terms for a negotiable lease duration. Any medium to long term lease will incorporate upward only rent reviews at periodic intervals. The opportunity to pre-let any furture development can provide occupiers the ability to configure the building to suit their bespoke requirements.
Rent - Upon application
Service Charge - As of this point in time there is no planned service charge to be applied to the property
Rateable Value - To be assessed upon practical completion of the development
Energy Performance Certificate - To be assessed upon practical completion of the development
VAT - All figures quoted are exclusive of VAT
Legal Costs - Each party will be responsible for their own legal costs in relation to documenting a transaction. The ingoing occupier will be responsible for any LBTT and Registration Dues, if applicable.