137 - 151 Trongate, Glasgow

Description

- Previous planning consent exists for a 9-storey serviced apartment development. - Overall accommodation of approximately 47,500 sq ft GIA. Ground floor accommodation of approximately 3,600 sq ft GIA, fronting onto Trongate and suitable for bar, restaurant, or retail use. - The location benefits from a number of key attractors, including adjacency to the Merchant City, Glasgow’s retail core, the proposed Candleriggs Quarter Development, Argyle Street train station, Strathclyde University Campus, and Inovo and TIC office buildings. The site and buildings had previously secured planning consent for a serviced apartment scheme of 69 apartments, with ground floor retail/commercial space of 3,600 sq ft fronting onto the busy Trongate area. Part of the development site consists of a B-listed façade, which is to be retained as part of any development. Copies of the floor plans for the previously consented serviced apartment scheme are available on request. Planning reference: 15/00917/DC. This scheme has a GIA of approximately 47,500 sq ft. The nature of the surrounding area is such that the site is ideally suited for a variety of uses, including residential, hotel, aparthotel, and office.

The site will be sold by way of an informal tender (unless sold prior). Offers are sought for the Freehold interest