12 COMMERCIAL ROAD
Investment Type: Ground lease/sale Location: 12 Commercial Road, Glasgow City Centre, G5 Landowner: City Property Glasgow (Investments) LLP Status: Coming to market soon
PROJECT OVERVIEW
As part of a review of our extensive portfolio, City Property Glasgow (Investments) LLP is investigating future opportunities for this property. We will soon be engaging with the relevant stakeholders before bringing opportunities to the market. We welcome notes of interest and interested parties should contact us for further information.
The Gorbals is an historic Glasgow neighbourhood on the south bank of the River Clyde.
(Google 2024)
INVESTMENT OPPORTUNITIES
Site ownership or control is secured
The site is owned by City Property Glasgow (Investments) LLP.
Proposed use is identified or permitted in planning
The site is currently used as a business centre, however it is anticipated that a mixed use scheme would be viable at this location and further discussion with planning will be required in order that further guidance is available.
The project caters for a market with identifiable demand
It is envisaged that the site would accommodate a mixed use scheme with potential for main stream residential, private rental or possibly Purpose Built Student Accomodation (PBSA) – all subject to further clarification.
The project is near market and investor-ready
City Property Glasgow (Investments) LLP is investigating future opportunities for this property, located within walking distance of Glasgow City Centre. We will soon be engaging with the relevant stakeholders before bringing opportunities to the market.
