5-21 Dalmarnock Road, Rutherglen, Glasgow, South Lanarkshire, G73 1NY

Home , Lanarkshire

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M74

5-21 Dalmarnock A724 Road, Rutherglen,

Glasgow, TRADE PARK South Lanarkshire, G73 1NY

MAJOR MIXED USE DEVELOPMENT OPPORTUNITY

A724

River Clyde

Approach to Cunningar Loop

sxDSC_4987.jpg 5-21 Dalmarnock Road, Rutherglen, Glasgow, South Lanarkshire, G73 1NY

Investment Summary Location Situation

• A major mixed use commercial development opportunity for The opportunity is located on the banks of the River Clyde in the East End The site occupies a highly prominent position fronting onto the west side sale as a whole or in part. of Glasgow, 3.6 miles (5.8km) south east of Glasgow City Centre, on the of Dalmarnock Road at its junction with Downiebrae Road. outskirts of the town of Rutherglen. The surrounding area is one of mixed use with a range of Junction 2 of the M74 is within 0.8 miles (1.2km) of the site providing commercial occupiers which includes Tesco, McDonald’s, KFC, • Strategic location at the heart of the East End of Glasgow. excellent transport links to Edinburgh, approximately 45 miles (72km) to Arnold Clark and Safestore. the east, Carlisle, 95 miles (153 km) to the south east and subsequently sxDSC_4981.jpg on to the wider UK motorway network. The area has seen large scale commercial and residential investment • At present the site comprises industrial units and office and development in recent years and is becoming increasingly popular buildings set over 10.79 Acres (4.37 Hectares) and totalling The area is well served by public transport, a regular bus service operates with industrial and commercial occupiers due to its excellent motorway 119,830 sq ft (11,132 sq m). from Dalmarnock Road and Dalmarnock Railway Station, located within connections and public transport facilities. 0.5 miles (0.8km), provides a fast and frequent rail service to Glasgow City Centre in less than 10 minutes. The Royal Burgh of Rutherglen falls within South Lanarkshire which forms part of the Greater Glasgow conurbation and has a population of • Planning permission in principle granted for mixed retail / Glasgow Airport is a 15 minute drive, approximately 11 miles (18km) to 31,401. South Lanarkshire itself is home to just over 311,000 people and food and leisure uses. the east of the site and is the second busiest airport in Scotland, after is one of the largest and most diverse areas of Scotland. Edinburgh Airport. It is the primary airport serving the west of Scotland and is the principal transatlantic and direct long-haul entry airport into The site is within a Regional Development Area and the area served by • The property is held Feuhold (equivalent of English Freehold). Scotland. the Clyde Gateway Regeneration Zone. It is at the gateway between the City of Glasgow and South Lanarkshire.

DUNDEE PERTH M8 ST ANDREWS

M8 GLASGOW ROYAL GLASGOW INFIRMARY CITY CENTRE

EDINBURGH GLASGOW M8 A8 A68 A702 A74 GLASGOW GREEN M77 CELTIC A278 PARK A7 M74 A72 PERTH A278 A697 M74 A702 PRESTWICK A74 SIR CHRIS HOY VELODROME

SPORTS GROUND

NORTHUMBERLAND A7 NATIONAL PARK A77 LINK A274 A74 A68 HOUSING COMMONWEALTH A278 VILLAGE KIELDER A730 A278 GALLOWAY FOREST PARK FOREST PARK DUMFRIES M74

NEWCASTLE M74 UPON TYNE A274 CARLISLE A77 RUTHERGLEN B768 5-21 DalmarnockB768 Road M74

HAMPDEN A2749 A274 PARK A730

BURNSIDE

sxDSC_4982.jpg 5-21 Dalmarnock Road, Rutherglen, Glasgow, South Lanarkshire, G73 1NY

Local Vicinity Description

Link Housing are to develop in the region of 550 new houses within 100 metres of the subject site on the land of A large site fronting onto Dalmarnock Road, Downiebrae Road and Baronald Street, comprising 21 buildings the former Dalmarnock Power Station. Link will build the site out on a phased basis with the first phase getting which offer a mix of industrial units and office accommodation as well as a larger modern high bay warehouse underway in 2016 and overall completion due in 2021/2022. to the rear which comprises 31,664 sq ft (2,942 sq m). The Commonwealth Games Athletes’ Village, developed by City Legacy, is located opposite the development At present the gross internal area of the buildings total 119,830 sq ft (11,132 sq m). site, across the River 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 for The site currently provides the following commercial use classes. private sale as well as a 120-bed care home for the elderly. Class 4 - Business The Emirates Arena and adjoining Sir Chris Hoy Velodrome, located within 1.2 miles (1.9 km) north of the Class 5 - General Industrial subject site, form one of the most versatile structures of its kind in Europe. These state of the art facilities will Class 6 - Storage and Distribution host international competitions, and aid the development of the next generation of Scottish athletes. They will also provide first class training facilities for the local communities. Adjacent to the site is the new Cunningar Loop Family Attraction , which is drawing large numbers of visitors. Planning

The site has Planning Consent in Principle for mixed use including Class 1 retail, hot food takeaways, Class 3 Site Area restaurant and Class 11 Leisure. A copy of the Decision Notice in respect of application CR/15/0040 dated 4th March 2016 is available upon We understand the site extends to approximately 10.79 Acres (4.37 Hectares) as outlined in the plan below. request. (Promap). y River C

SM Dalmarnock Bridge e

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6.4m D E ROA IEBRA An environmental survey has been carried out and a copy of the full report is available upon request.

DOWN a

Tanks

7.6m 3 3 Works Pipelines ESS 5.2m Tenure Pipeline WB

Tank The property is held Feuhold (equivalent of English Freehold). Pipeline

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r W N IE B R A E R O A D El Sub Sta

t o 9 Tenancy Pipeline The majority of the site is let to Sanmex International Limited, expiring 10th September 2017, at the passing rent of £150,000 per annum. in addition there are rolling Licences to Occupy in place in the small units at 19-21 Depot Dalmarnock Rd at a total rental of £19,200 per annum. The site as a whole provides a total rental of £169,200 4.9m per annum.

Should a potential purchaser require vacant possession, this could be mutually agreed prior to the expiry date.

1 9 Tenant Covenant Electricity D Sanmex International is a 3rd generation family owned business and the largest independent aerosol Shelter Ta nk 0m 25m 50m 75m manufacturer in the UK, their products sell in retailers all over the UK and in more than 40 countries worldwide.

L Twr For indicative purposes only.

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.

Further Information

Should you require further information or wish to view the property please contact either:-

STEVEN POLLACK OLIVER TAYLOR STEPHEN ROBERTSON CRAIG SEMPLE Buchanan Bond Buchanan Bond GVA James Barr GVA James Barr T: 020 7042 6002 T: 020 7042 6001 T: 0141 305 6311 T: 0141 305 6314 M: 07530 424 019 M: 07773 773 790 M: 07748 111065 sx M: 07902 078 544 E: [email protected] E: [email protected] E: [email protected] E: [email protected]

Misrepresentation Act 1967 & Declaration Buchanan Bond Real Estate Ltd and GVA James Barr, 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 Buchanan Bond Real Estate Ltd or GVA James Barr has any authority to make or give any representation or warranty in relation to this property. AUGUST 2016

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