Gateway Cuningar Loop

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Gateway Cuningar Loop RUTHERGLEN COM GATEWAY CUNINGAR LOOP DALMARNOCK RAIL STATION COMMONWEALTH GAMES VILLAGE Dalmarnock Road, RIVER CLYDE Glasgow G73 1NY Major mixed use commercial development opportunity for sale as a whole or in part Located at the heart of the East End of Glasgow Industrial units and office buildings comprise of A724 119,830 sq ft (11,132 sq m) set within a total area of 10.79 Acres (4.37 Hectares) gva.co.uk/10167 M74 RUTHERGLEN COM LOCATION SITUATION The site occupies a highly prominent position fronting onto the west GATEWAY The opportunity is located on the banks of the River Clyde in the side of Dalmarnock Road at its junction with Downiebrae Road. East End of Glasgow, 3.6 miles (5.8km) south east of Glasgow City Centre, on the outskirts of the town of Rutherglen. The surrounding area is one of mixed use with a range of commercial occupiers which includes Tesco, McDonald’s, KFC, Junction 2 of the M74 is within 0.8 miles (1.2km) of the site providing Arnold Clark and Safestore. excellent transport links to Edinburgh, approximately 45 miles (72km) to the east, Carlisle, 95 miles (153 km) to the south east and The area has seen large scale commercial and residential subsequently on to the wider UK motorway network. investment and development in recent years and is becoming increasingly popular with industrial and commercial occupiers due The area is well served by public transport, a regular bus service to its excellent motorway connections and public transport facilities. operates from Dalmarnock Road and Dalmarnock Railway Station, located within 0.5 miles (0.8km), provides a fast and frequent rail The Royal Burgh of Rutherglen falls within South Lanarkshire which service to Glasgow City Centre in less than 10 minutes. forms part of the Greater Glasgow conurbation and has a population of 31,401. South Lanarkshire itself is home to just over 311,000 Glasgow Airport is a 15 minute drive, approximately 11 miles (18km) people and is one of the largest and most diverse areas of Scotland. t the east of the site and is the second busiest airport in Scotland, after Edinburgh Airport. It is the primary airport serving the west of The site is within a Regional Development Area and the area served Scotland and is the principal transatlantic and direct long-haul entry by the Clyde Gateway Regeneration Zone. It is at the gateway airport into Scotland. between the City of Glasgow and South Lanarkshire. M8 GLASGOW A8 CITY CENTRE GLASGOW ROYAL A8 INFIRMARY A major mixed use commercial B763 M8 development opportunity for sale as a A89 RUTHERGLEN COM whole or in part. GLASGOW GREEN A278 CELTIC PARK A278 A74 Strategic location at the heart of the A74 GATEWAY East End of Glasgow. SPORTS GROUND COMMONWEALTH A77 VILLAGE M74 A730 The property is held Feuhold A278 (equivalent of English Freehold). DALMARNOCK ROAD HAMDEN PARK RUTHERGLEN COM LOCAL VICINITY PLANNING Link Housing are to develop in the region of 550 new houses within The site has Planning Consent in Principle for mixed use including GATEWAY 100 metres of the subject site on the land of the former Dalmarnock Class 1 retail, hot food takeaways, Class 3 restaurant and Power Station. Link will build the site out on a phased basis. Class 11 Leisure. The Commonwealth Games Athletes’ Village, developed by City A copy of the Decision Notice in respect of application CR/15/0040 Legacy, is located opposite the development site, across the River dated 4th March 2016 is available upon request. Clyde. It is one of the most significant regeneration schemes in the UK providing a large residential community of 700 homes, comprising 400 affordable rent homes and 300 that were available ENVIRONMENTAL for private sale as well as a 120-bed care home for the elderly. An environmental survey has been carried out and a copy of the full The Emirates Arena and adjoining Sir Chris Hoy Velodrome, located report is available upon request. within 1.2 miles (1.9 km) north of the subject site, form one of the most versatile structures of its kind in Europe. These state of the art facilities will host international competitions, and aid the TENURE development of the next generation of Scottish athletes. They will The property is held Feuhold (equivalent of English Freehold). also provide first class training facilities for the local communities. Adjacent to the site is the new Cuningar Loop Family Attraction TENANCY which is drawing large numbers of visitors. The majority of the site is let to Sanmex International Limited, expiring 10th September 2017, at the passing rent of £150,000 per SITE AREA annum. In addition there are rolling Licences to Occupy in place in We understand the site extends to approximately 10.79 Acres (4.37 the small units at 19-21 Dalmarnock Rd at a total rental of £19,200 Hectares) as outlined in the plan below. per annum. The site as a whole provides a total rental of £169,200 per annum. Should a potential purchaser require vacant possession, this could DESCRIPTION be mutually agreed prior to the expiry date. Planning permission in principle A large site fronting onto Dalmarnock Road, Downiebrae Road granted for mixed retail / food and and Baronald Street, comprising 21 buildings which offer a mix TENANT COVENANT of industrial units and office accommodation as well as a larger leisure uses. modern high bay warehouse to the rear which comprises 31,664 sq ft Sanmex International is a 3rd generation family owned business (2,942 sq m). and the largest independent aerosol manufacturer in the UK, At present the gross internal area of the buildings total 119,830 sq ft their products sell in retailers all over the UK and in more than 40 (11,132 sq m). countries worldwide. The site currently provides the following commercial use classes. At present the site comprises industrial Class 4 - Business units and office buildings set over 10.79 Class 5 - General Industrial Acres (4.37 Hectares) and totalling Class 6 - Storage and Distribution 119,830 sq ft (11,132 sq m). RUTHERGLEN COM GLASGOW CITY CENTRE GATEWAY M74 PROPOSAL The Sellers are seeking offers for the Feuhold (equivalent of English Freehold) interest, subject to conclusion of missives, for the site as a whole or in part. DALMARNOCK RAIL STATION FURTHER INFORMATION Should you require further information or wish to view the property please contact either:- COMMONWEALTH STEPHEN ROBERTSON GAMES VILLAGE GVA T: 0141 305 6311 RIVER CLYDE A724 M: 07748 111065 E: [email protected] CRAIG SEMPLE GVA T: 0141 305 6314 M: 07902 078 544 E: [email protected] A724 gva.co.uk/10167 Misrepresentation Act 1967 & Declaration GVA, for themselves and for the vendors of this property whose agents they are, give notice that: i) The particulars are set out as a general outline only for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract. ii) All descriptions, dimensions, references to condition and necessary permission for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them. iii) No person in the employment of GVA has any authority to make or give any representation or warranty in relation to this property. .
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