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Washington St - Broomielaw Mills Development Site

0.73 Acres of Commercial Land in Glasgow G3 8AZ

Investment Highlights

  • Discover a rare opportunity to secure a prime development site on Glasgow's vibrant waterfront fronting the River Clyde.
  • Currently used as a car park, this cleared site has the potential to bring forward a significant urban development adjacent to Kingston Bridge.
  • Take advantage of the UK's largest rail network outside of London and enjoy excellent accessibility to the site from nearby train stations.
  • This significant opportunity extends to approximately 0.73 acres (0.29 hectares), offering excellent development potential.
  • Potential site uses include purpose-built student accommodation, build-to-rent, co-living, residential for sale, hotel, office, and leisure uses.
  • Offers are invited, subject to missives and exclusive of VAT, for the heritable interest in the property.

Executive Summary

Discover a significant development opportunity at Broomielaw Mills, an extensive site extending over 0.73 acres in a prime position on Glasgow's vibrant waterfront. Adjacent to Kingston Bridge, the site presents the ideal opportunity to secure prime development land in a rarely available city centre location. The site is primed for a wide range of projects, including purpose-built student accommodation (PBSA), build-to-rent (BTR), co-living, residential for sale, hotel, office, and leisure uses.

Fronting the River Clyde, the land comprises an exciting and vibrant waterfront destination that has seen significant growth in the last few years. The Argyle Street Avenues Project, Barclays Campus, The Stores, Summix Central Quay, and Platform are just some of the latest developments in this thriving area.

The subject site area for the identified title area extends to approximately 0.73 acres (0.29 hectares) as measured from Promap, registered in the Land Register of Scotland under Title Number GLA137631. Currently, the vendor operates and manages the car park and advertising hoardings, generating a profit of £54,053 per annum. Broomielaw Mills has clear potential to bring forward a significant, high-quality urban development with an enviable waterfront location and excellent connectivity to Glasgow city centre.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Hotel
  • Planned Unit Development
  • Single Family Residence
Total Lot Size 0.73 AC

1 Lot Available

Lot

Lot Size 0.73 AC

Offers for the Heritable Interest (Scottish equivalent to English Freehold) are invited for the whole. Subject to planning offers will be considered.

  • Listing ID: 30974909

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: Washington St, Glasgow G3 8AZ

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