Burnbank St | Coatbridge ML5 2AT
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- LoopNet Team
Burnbank St
Coatbridge ML5 2AT
Former SGN Depot · Land For Sale · 4.10 AC
Investment Highlights
- Site area of C.4.10 acres (1.66 Hectares)
- Brownfield industrial development opportunity
- Range of potential uses including, industrial or residential development, with the necessary consents
- Located to the north of Coatbridge and fronting Burnbank Road
- Only 5 miles from the M8, 4 miles M73 motorways and 6 miles from the M74 Motorway
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Industrial | Total Lot Size | 4.10 AC |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Commercial |
| Total Lot Size | 4.10 AC |
Description
The site extends to 4.10 acres (1.66 Ha) and is currently used by SGN for open storage. The site has a small 4,500 sq.ft. two storey office, with the rest of the site a mixture of tarmac and concrete open yard. Recently Coatbridge has enjoyed significant demand from industrial occupiers and developers alike, with rents having increased significantly since 2019. We understand that over 50,000 sq.ft. of new industrial accommodation (3 units) have just secured consent on Hagmill Crescent, Coatbridge.
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