GLOBAL real estate advisor CBRE has announced the launch to market of Glasgow Gait, representing a prominent development opportunity in a prime area in the east end of the city.
Extending to 16.73 acres (6.77 hectares), the site comprises a large vacant site with the ability and flexibility to accommodate a variety of uses, subject to planning. CBRE is marketing the site for sale on behalf of Highland Properties Group.
The site is located in a prime and established location on Glasgow’s London Road, approximately 3.5 miles from the city centre. The surrounding area is predominantly commercial in all directions with nearby occupiers including Wickes, The Range, Iceland and Jewsons.
The east end of Glasgow is a popular location due to significant investment by Clyde Gateway. The M74 motorway and the construction of the four-way motorway junction (2A) have significantly improved connectivity and journey times. The junction has added further convenience to the area with the addition of McDonalds, KFC, Costa Coffee, Starbucks and a Premier Inn with restaurant. It also benefits from excellent public transport links.
Craig Semple, Head of Industrial and Logistics at CBRE Scotland, said: “We’re excited to bring this highly anticipated site to the market. It is an excellent opportunity for development given its potential uses. We anticipate the site will be of interest to a wide range of parties.”