for sale prime city centre development opportunity

george street complex |

On the Instructions of • Prime development opportunity overlooking and • Prominent corner location offering a refurbishment and redevelopment opportunity • Site includes “A Listed” Parish Halls Building at 266 George Street and “B Listed” at 280 George Street • View of subjects from George Square THE OPPORTUNITY

City Property (Glasgow) LLP is delighted to bring to the market this rare and prestigious development opportunity located within the heart of Glasgow city centre.

The George Street Complex consists of the former Council Parish Halls at 266 George Street, offices at 280 George Street/24 North Frederick Street, the former Outdoor Resource Centre and the former Births, Deaths and Marriages offices, both in Martha Street. In addition the sale includes the adjacent gap site on John Street and former offices at 73 John Street.

This complex of buildings are situated in a prominent position, just off George Square and across from Glasgow City Chambers on one of Glasgow’s steep grid sloping sites, offering potential vantage views at varying points along Martha Street and John Street. This sale offers developers an opportunity to create an exciting development utilising two of the city’s unique Category ‘A’ and ‘B’ Listed buildings.

View of 266 George St from View of 24 North Frederick St, forming corner of City Chambers corner of 280 George St building with City Chambers across the street George Square

Location

Glasgow is ’s largest city with a population in excess of 630,000 people and a city’s public life. The Square is in the heart of Glasgow’s cosmopolitan city centre and catchment population in excess of 1.75 million people. It is the sixth most visited city in can be easily accessed from a number of neighbouring streets, including North Hanover the and the most important contributor to Scotland’s Gross Domestic Street, North Frederick Street, South Frederick Street, George Street, Cochrane Street, Product. The city is a magnet for shopping, tourism and also culture with a variety of Miller Street, Queen Street and St Vincent Place. restaurants, nightlife and events available throughout. The city has the UK’s largest retail offering outside of London and attracts almost 2.5 million visitors per year. Scotland’s largest city is characterised by the famous of its many streets, squares and historical monuments, telling of a fascinating and influential past. The former Parish Halls office building provides spectacular views of the City Chambers It was confidence which inspired the builders of the Victorian city, and by the greatest and also George Square. good fortune they were served by a group of architects of quite exceptional merit. It is George Square is Glasgow’s principal urban space, and the acknowledged centre of the their combined efforts which make Glasgow one of the world’s finest 19th Century cities. VE E B T D E N TO S D A O G N D G V A O A E BA IN G H C D E F G H I J E S R D E C D KINGSBOROUGH S T O I O E R R W N

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C C G A A LDE AY A R S C EW L T AT 11 Merchant City M TERREGLES AV LYDE G A Clyde Cruises R E C P D S RUT E R Pollokshields West 12 Princes Square G departure points LYD S D Maxwell Park Y R D ER C E D O T FOTH L H RIV ERR W ERINGA N D Y RD 13 Royal ExcEhange W RSquare U E E R CA R E G A E R L D M LE D DER S G PS Waverley B S A D A D T M74 L LL YD R DR IS I E R 14 Sauchiehall SE treet V ON S I D E E T S N R L C N S R D departure point K R G W 15 St Enoch CentrDe L N R C T A A MA D POLLOK COUNTRY PARK D L J1A S H A E Y P A A S C L AL City Sightseeing Tour s R K DER S PO L O MA A T RIV MO L LL departure point L ISO in association with O N S T R M77 P G D N A C L 1 E D A 1 I LDE A O

K V Y R Queens Park R S S E T C E A R G I

L N N O K R Disclaimer: All information correct at time of going to press. This L A R H W R L A

E Parking D OR D map is for guidance only. Glasgow City Marketing Bureau accepts T A TITW O KE 41 OD R A D D C LL D I I S no responsibility for any error or misrepresentation contained in G Q TITWOOD RD TIT O R WOOD RD UEEN V N S N T D the publication and excludes all liability for loss or damage caused I Crossmyloof S D R D R by any reliance placed on the information contained in the map. P S R D S W Crosshill ©Copyright of Glasgow City Marketing Bureau 2014 A C M E R 9 A H I H INA S 82 35 57 T 54 D A K 73 10 D QUEEN’S PARK H C O A G R L C N R M D R MA G L A B A U O L O S S R M74 L P R L D E A T R N PO M G R D R A D A B C D E F G H I J F D

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HA A T R E G H H S S Q LINFER I D G N R O B U D D R ER R L D EE R K MA D C E G H A N G 2 Auchentoshan DistilleryA7 23 EmiratesT Arena including the - Springburn CampuHs6 57 Holmwood HouseF1 78 Oran MorC 7 98 St Mungo Museum of Religious Life U T R E S H N O BO D U R L N R O S L RO N NT O M C O U G W I R G O S P D SH G A R R A V E L S DN U L N Y P T Y G E D L A S R N H D HA 33 O DE NO EE P O D PETERSHILL PARK N D U V 3 The Barras MarketH 4 Sir Chris Hoy VelodromeJ3 40 Glasgow KelvinE Colleg e 58 House for an Art LoverA3 79 Partick Thistle Football CElu7b & ArtH 5 C H

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A Y D V A E T O R L V H R I C DER S R R O L B E L G A N S N D N E B Y G 4 The BaronyH 5 24 Family History Centre at – City CampuFs 6 59 Hunterian Art Galler y 80 The Pavilion TheatreF5 99 SWG3C 5 W U S O R N R O I K K O MA L A D L R Barnhill R A G DN D G A O A HU P S L R L L T O D N CRE V L R T I D C L S B D A P W R L C LA E HA E LA G L R K NO IL A 5 The Barrowland BallrooHm4 People’s Palace, Winter Garden s 100 Tennent Caledonian BreweryH5 L RE P O C The Mitchell LibraEry5 41 Glasgow Museums Resource CentreA1 & The Mackintosh HouseC6 81 SH L PR A S R M V R R S A U ORI P E R U NC INCE A T B I OS ETE T E D F S LB H N S S R L S P A E D R ’ ERT R V E T E T IC R D D RS E S O R R S S H R D R O E HY VI V E I RE R K D N G I L U V K A E DN C C E G A N N D E P L 6 Botanic Gardens & Kibble PalaCce7 25 The FerryE 4 42 Glasgow National Hockey CentreH2 60 Hunterian MuseumC 6 & Doulton FountaHin3 101 The Tall Ship at RiversideB5 C P T T Y IC R O SIGHTHILL CEMETERY N R G MO L O O R C C P O H N N ORI DN R A H S B MB T E T I D I LL ’ T Y UB N RD R DN ER A R T R G I S L E S N T R D RES D A CRE R N P OK The BriggaitG 4 26 Gallery of Modern ArtG5 The Tenement HouseE6 P 7 43 Glasgow NecropolisH5 61 Kelvingrove Art Gallery & MuseuC6m 82 Pollok HouseB 1 102 H T C D RE E A OX E T S A O O T O E R 7 S IBB E A 7 T L CROW L S B N D A T U N RD N E G T D S T W T N R RNB U U L O

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LA R Q S DN G CRE L O L 8 Britannia DPanopticon Music HGa4ll 27 Garnethill SynagoguEe6 44 Glasgow Police MuseuGm4 62 Kelvingrove Lawn Bowls CentreD6 83 Provand’s LordshipH5 103 Theatre RoyaFl 5

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E CR D D O B N D OWN T O N L T K W ER D W 52 N C A R N L C R C O E R RO T A N A B R S E O C WN R NH W N E W R D S A R 20 L A T S S R 2 E NH I V T 11 Celtic Football CluJb3 30 Glasgow Central MosqueG3 47 GlasgowP Science Centre & 65 The Lighthouse, Scotland’s Cen tre 85 Rangers Football CluBb4 106 Tollcross International Swimming I E D H O R A E C D G I E L C H LL R G C I E V T R G N N N N N S RE E L T G W N LL S A A I D A A I K A T O S K V Y T G S 12 Centre for Contemporary ArtsE5 31 Glasgow Chamber of CommerGc5e IMAX CinemaC 4 for Design and ArchitectureF4 86 Riverside MuseumB 5 CentreJ4 O O L G A T N H O O N A G S O M B H R NIA RN RD E L S W D O W S DO D O A U N LE R T OD P HY D R A A CA L M A K S S L A N E G T B HI Hillhead 13 Cineworld CinemaF5 32 Glasgow City ChambersG5 48 GlaOsgow Sculpture Studios , 107 The Trades Hall of GlasgoGw4 B 66 Loch Lomond Sea Life AquariuA7m 87 Royal Conservatoire of ScotlanF5d G T CRE C O 21 H E O E S P Kelvinbridge

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E R E I D D NAI P E A V SOM l ShoppingR Culture R A L P Y R M k A T R RADE R L Y S CRE G O L Y S S O O DE A A RK M S A RK Y U H A B IL Y O t L P B B C ARAD L R O HI E S o E S E H L E S R T N HA RE B L S N D M S O D L L A G L S N EHA I F I V T R t P M T ER H E L S U E S A Y UC T W S 86 O H R N SA O h E I T D I T C R C S L e X O I AR G R The subjects are located Glasgow is a vibrant and cosmopolitan place with a wealth of cultural heritage to 101 N F V R LU U L A A N S T B T E S L T RIVERSIDE B ALEXANDRA PARK T T A E c H T T Buchanan Street N C H E EY S Buchanan Bus Station L C R Charing Cross B K i NGO AVE O BERKE S A IL ST MU D MUSEUM R K T t LE L C H S ER T S E A U T T T MO y just off George Square, explore. As a city it is renowned for its culture and offers many exhibitions, sporting O G U R IL LE C E S S D S BE H NT S R V PONTOON E T T S C I N E S T A T N HA L E B c T E 94 S R A V LL S

51 H H S E E T R L T e P S E O UG A ELMBA D S D L N D T A A K C S R L RE D A I T R T S H N W S. T N KE T n close to Buchanan Street, events and music concerts. The 20th Commonwealth Games were hosted by Glasgow V G N S N T N R D A FOR S A VI A A L Y W L R T S E O D KE S L N E t X T N T A S G R L Y I T S T J A E S T R CA K D S N

E 99 D r A R T R LN E E N D T CRE N L E H S O G M N K I D R V E T e E A P T G T N A P S OV CE P B S R AN R S S D L N T K L T S A L the main street in Glasgow’s in the Summer of 2014. I T R D A E T N S H S E H N T V ETT S T R R T S S T E I A R N TMB DO O B S D T R S L E T Y W T I E A DOV T S TH E V A S S H T R S T E S W T ROK T E O O W T B G O T A S I D T E ‘Style Mile”, which offers Alexandra Parade L N ELDER PARK RIV RV T S N 43 G M P SQ T E DE N A E L O I E S R C E C M L S H UM V D S T B E T E P R S T VINCENT ST DRAL S N S L E A A L ATH T U MIN T C L YD R E T H D R RVA W T S a variety of high-end N R P AY T V O T D O TE E O I T

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O T T S T H A J the most extraordinary N S D E Q T T C R T G X C ER GO O G L RD C NT I A P L O O IT S S O H R R TLE S M O S N ST ROYAL R C V ES T T ANE S H which is a world-class S O O A R W A EXCHANGE T D A N S N R T HA Y O N S T L L T L S DESIDE EXPRESSWAY M DU concentration of shops, CLY O SQUARE K S E D S E S G U M L C T T L SCOTTISH EXHIBITION 18 Anderston A T A O DO E business location in a city U G N S O A S A E N S G N T P IN N R G O A T R over 200 stores, many R H O T A + CONFERENCE CENTRE N O M S I M L T E

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E N D E D R C F W IE S LD T L I L F C E OX S W I I L T F YD D K L O S I R U E M E G D C C G T N T G C E O L A R A R O L 4 O V N L 4 T A P P S O one of the world’s top retail destinations. And with the recent opening of Buchanan Businesses located within the city employs almost 450,000 people. Of this around A E L W B E LYD O G N ER C O T T O AT G O P RIV H S E AL D R R O T G S L W B D E W E T A N OW R A LL N S R S G N C D N D A I G O CITY CENTRE L ST I T E B Y O Quarter this part of the city continuesE to offer the UK’s best shopping outside London’s 160,000 people commute into the city to work. Some 13,000 firms are located in A M8 D RK N L G K N R M G PONTOON E S DR L E C S FESTIVAL PARK LY N TO SCIENCE CENTRE, T P D I H W E P MA E D O L A

A K O O CE RIVERSIDE MUSEUM T W West End. Glasgow, including one-quarter of Scotland’s largest businesses. DV GFIELD Q L RIN UAY GEGATE L IL C SP ID S S G AND BRAEHEAD BR LE S A T T GO S VA Ibrox N R G D ISLEY RD ALLOW D PA T GA SHIEL G TE DHAL REE L RD T ND N R AISLEY RD MO YK Y S P RR E S T B O ST ISO E N S E S T H T L M E BRA D W J20 T T E G D ND S G O T T G MI 85 Y R O I ST LE N O IS D R N D A I A P N S S REE D R D EL C T S O S R L R ON S 106 T N R S R B A C T N E D R E B D D R B T R N D S N W I O A ED A R NPO T M T N I L IB O G W S A RF B TO R O O N D P OX T Cessnock W LK S R R A C R LL T T RIV L S A N S O E C Bridge Street O R E ST L AW 81 E C ST E E GLASGOW GREEN T O N S E R C L D W A LEY R T M T S S E I PA S W L W

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R L C L L D S R K MA E R R O T Y C L A BELLAHOUSTON PARK L D S D L 42 R K R D L N W E W MAXWELL DR O IA RD T E P ON H O T W E CALED A D R D C E L X E A DR M K R I A G X D E G M N W D F E R LL D D Y G R E L N S R I NI T A C E C R T D HSD Dumbreck S A N P AL T E L L RD MA E S E XW D A I EL O T LB L R N S N E H D RT D D I O A R R S N S T N NITHSDA D U LE T R RD N I D R M L AX A G D WE LL R C E U N D IT A H M H LBE S RT D T D R CLY B A R T DE GATEW L A AY

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D W D R D R DR A EL A FI V N H G NITHSDALE RD D S 1 Argyle Street Bus Station RIN Cycle Hire K SP M E A O R T A A O L D M74 2 Argyll Arcade S K B L S S PARK ERT D L Rail Station Public Toilets BO O Pollokshields East O UL T D R D EVA A R 3 Buchanan Galleries RD O P A R L R M E 108 RI MAXWELL RICHMOND PARK R A B B 4 Buchanan Quarter R SQUARE O Subway station Taxi Rank L N A N J1 I T I D D O ER A T KE H C 5 Buchanan StreeL t C 34 I H S NH K D 37 IE V R S A EA F S Buses to Glasgow Airport MarshD alled Taxi Rank s L H E D R 6 DebenhamW s R A D D A From 11pm – 5am Fri / Sat R H W D 53 D 7 Hamleys RK S Buses to Edinburgh Airport PA M77 F S T R I S GOVANHILL 8 House of FraseE r O R MAXWELL PARK L M GLE PARK N A CAIRN D D R VisitScotland R GLE 9 Ingram Street NCAIRN DR C

H J1A Information Centre D T 10 John Lewis

C C G A A LDE AY A R S C EW L T AT 11 Merchant City M TERREGLES AV LYDE G A Clyde Cruises R E C P D S RUT E R Pollokshields West 12 Princes Square G departure points LYD S D Maxwell Park Y R D ER C E D O T FOTH L H RIV ERR W ERINGA N D Y RD 13 Royal ExcEhange W RSquare U E E R CA R E G A E R L D M LE D DER S G PS Waverley B S A D A D T M74 L LL YD R DR IS I E R 14 Sauchiehall SE treet V ON S I D E E T S N R L C N S R D departure point K R G W 15 St Enoch CentrDe L N R C T A A MA D POLLOK COUNTRY PARK D L J1A S H A E Y P A A S C L AL City Sightseeing Tour s R K DER S PO L O MA A T RIV MO L LL departure point L ISO in association with O N S T R M77 P G D N A C L 1 E D A 1 I LDE A O

K V Y R Queens Park R S S E T C E A R G I

L N N O K R Disclaimer: All information correct at time of going to press. This L A R H W R L A

E Parking D OR D map is for guidance only. Glasgow City Marketing Bureau accepts T A TITW O KE 41 OD R A D D C LL D I I S no responsibility for any error or misrepresentation contained in G Q TITWOOD RD TIT O R WOOD RD UEEN V N S N T D the publication and excludes all liability for loss or damage caused I Crossmyloof S D R D R by any reliance placed on the information contained in the map. P S R D S W Crosshill ©Copyright of Glasgow City Marketing Bureau 2014 A C M E R 9 A H I H INA S 82 35 57 T 54 D A K 73 10 D QUEEN’S PARK H C O A G R L C N R M D R MA G L A B A U O L O S S R M74 L P R L D E A T R N PO M G R D R A D A B C D E F G H I J F D

7749 Glasgow StyleMile Map A2 aw.indd 1 16/07/2014 11:39 Tourism Education

A key attraction of the Bell’s Bridge, the Armadillo and the Hydro Glasgow University city is the high level of further/higher education in the city. Glasgow’s universities, higher education colleges and further education colleges offer the business community access to a large pipeline of qualified graduates.

Glasgow offers a lively

Glasgow was named as the third best destination in the UK, in the Trip Advisor 2013 and exciting environment Travellers’ Choice Destinations Awards. The city also appeared in numerous world for its 67,000 student leading publications, travel guides and websites as a must-visit destination in 2014. population with three major universities located Nearly 2.5 million tourists now visit Glasgow annually, generating around £500 million within the city. The University of , Glasgow Caledonian University (both in for the local economy. The key foreign markets remain the USA (85,000) and Germany (60,000) in addition to increased numbers closer to home who visits for a weekend break. the city centre) and The , located in the west end.

Glasgow is also Europe’s fastest-growing conference destination, with the city’s The University of Strathclyde Campus buildings are near to and form part of the Central Marketing Bureau claiming the title of ‘Best UK Convention Bureau’ an unprecedented Conservation Area with the Thomas Graham Building being the most notable of eight years running. neighbouring buildings to the east block of the George Street complex. Transport Travel Information

the northern terminus of the , and Buchanan Street Subway Station connects Glasgow with its suburbs and the South West Trains Region of Scotland. Queen Street Station 1 minute Central Station 6 minutes Queen Street Station, Glasgow, is about to undergo a High Street Station 5 minutes major redevelopment. The station, which is Scotland’s

third busiest, needs to expand to meet a predicted 28 million passengers by 2030 and to accommodate longer Subway trains. The Queen Street entrance will be replaced with Buchanan Street Subway 2 minutes a modern glass frontage. Construction work is expected St Enoch Subway 8 minutes to start later in 2014 and should be finished by 2019. This is in close proximity to the subjects. Bus The M8 is the busiest motorway in Scotland and one Buchanan Street Bus Station 6 minutes Glasgow benefits from direct links to major cities in the of the busiest in the United Kingdom. It connects the UK and Europe through its extensive road, rail and air country’s two largest cities, Glasgow and Edinburgh. Drive network. The Glasgow area is served by two airports, Glasgow Junction 15 M8 4 minutes International Airport, which is eight miles west of the There is a comprehensive integrated bus, rail and M74 9 minutes city, and Glasgow Prestwick Airport, which is 30 miles to underground network serving the city and beyond. the south. In 2012, some 8,225,763 passengers passed The city has two main line railway stations. Queen through Glasgow International and Prestwick airports Fly Street Station, which connects Glasgow to the North – 87% of whom travelled via Glasgow International Glasgow International Airport 20 minutes of Scotland and Edinburgh. is Airport. Edinburgh International Airport 50 minutes

ARCHITECTURE / LISTED BUILDINGS

Description

BUCHANAN 266 George Street CENTRAL STREET SUBWAY BUCHANAN STATION GALLERIES The former Parish Halls building is a Category ‘A’ building. The red sandstone building, constructed in 1900, was designed in an

BUCHANAN STREET Edwardian Baroque style with much carved decoration with a QUEEN STREET STATION symmetrical five-bay elevation to George Street. The property was designed by the Architects Thomson & Sandilands who designed prestigious buildings throughout Scotland.

Due to the property being listed as a Category ‘A’ both external

GEORGE STREET and internal design features have to be protected including the COMPLEX impressive main staircase with timber balusters, the coloured leaded glass stair light, panelled timber doors, skirting boards and glazed tile vestibule. There is a grand room on the third floor which features elaborate plasterwork and Corinthian pilasters. A main central metal dome at ground floor level is located to the rear of the building which is of considerable aesthetic merit. The front elevation spandrel sculpture figures (1900-02) are by sculptor JC Young.

This property is known as the Parish Halls and was formerly used as Council offices. View looking west from George Street

280 George Street and 24 North Frederick Street, Glasgow G1 1PR

This former office is a Category ‘B’ building, of blonde sandstone construction developed in 1885 and overlooks George Square. The building, which features renaissance details and French roofs, was designed by architect WW Robertson.

As the property is a Category ‘B’ listed building it is mainly external features which have to be protected such as the double leaf panelled doors and the sash and case windows.

The George Street elevation contains a symmetrical five-bay elevation to George Street and a symmetrical six-bay elevation to North Frederick Street, both similarly detailed.

At attic level there is a link between 280 George Street and 266 George Street, which View looking south from Martha Street was created as an optional fire escape.

All prospective purchasers are advised to contact Historic Scotland to obtain full information on the listed status.

Historic Scotland website is https://www.historic-scotland.gov.uk 73 John Street, Glasgow G1 1JF 3 Martha Street, Glasgow G1 1JN

The building at 73 John Street is not listed, and was formerly occupied by the Council This building is not listed and entered from the open access road from Martha Street at for office use. The building is constructed of red sandstone on the front facia, with brick ground floor level. The building layout is over three storeys. The first floor is an open to the side elevations and in particular a white glazed brick to the rear. The property void with exposed steel trusses, with the ground floor having been used as a works is made up of ground, first and second floors with a flat felt roof. The building has link equipment store with various shelving and racks for equipment. corridors both to 266 George Street and into 1 Martha Street buildings. The basement of this building can be accessed via the pend from John Street, which There is a secure pend just beyond the entrance at no 73 John Street that allows for has a timber mezzanine structure. This was formerly used as a stable block. The former pedestrian as well as vehicular access and egress to the lower levels of the complex of stable doors at this access are sliding timber doors on steel runners. buildings. The building is constructed of a rendered front facia finish with pitched roofs including skylights. The rear of the property is of glazed brick, similar to the adjacent buildings that make up this complex all facing into the rear of the complex. 1 Martha Street / 77 John Street, Glasgow G1 1JN

The building at 1 Martha Street was formerly the Council Registrars’ Office for Births Deaths & Marriages. The building is not listed and the entrance to the main Martha 38-40 North Frederick Street, Glasgow G1 2BS (Garage/Store Buildings) Street entrance is rendered with the side elevation of John Street being constructed of (Accessed from the pend at John Street or from the gated entranceway at North red sandstone with white glazed bricks to the rear. This building is entered at first floor Frederick Street) level from Martha Street, due to the steeply sloping incline from George Street upwards to Martha Street. The building is four-storeys having a ground, first, basement 1 and The property consists of two former garages/stores separated by a lane which then sub-basement 2 levels which also interlinks through a corridor to 73 John Street. leads into a former garage. The external walls are profile sheeting and brick work. The roof is profile sheeting and felt covered. Internally the walls are profile sheeting and There is also an entrance at 77 John Street (effectively at basement 1 level) as well as brick work. The floor is concrete. All structures are single storey areas. from the pend in John Street which provides access direct to a basement 2 store and switch room. Floor Areas of Buildings: [NIA – Net Internal Area ; GIA – Gross Internal Area]

280 George Street & 24 North Frederick Street (former offices) – NIA Area: 1,243 sq m (13,374 sq ft)

266 George Street (former offices) – NIA Area: 1,406 sq m (15,139 sq ft)

73 John Street (former offices) – NIA Area: 1,085 sq m (11,674 sq ft)

1 Martha Street/77 John Street (former offices) – NIA Area: 1,732 sq m (18,639 sq ft)

3 Martha Street (former offices & former stable buildings) – NIA Area: 560 sq m ( 6,028 sq ft)

38/40 North Frederick Street (former garage/s) - GIA Area: 126 sq m ( 1,360 sq ft)

Total Buildings Area: 6,152sq m (66,214 sq ft) or thereby

Car Park Site at 57/71John Street Area: 448 sq m, 0.04 ha (0.11 acres)

Total Site Area of Council Owned Development Opportunity Site is 4,545 sq m, 0.45 hectares (1.11 acres), or thereby.

Advertising Hoarding Adjacent Site (Address is 246/254 George Street)

The advertising hoarding site that is located to the east side of No 266 George Street vacant possession is subject to agreement from City Property Glasgow (Investments) is owned by City Property Glasgow (Investments) LLP. There are two advertising LLP as well as Barclay’s Bank Plc. Both Boards are aware of the proposed sale. Further hoardings sited at this location and form part of a larger city-wide advertising contract. information can be provided, as appropriate.

The current income generated is approx £17,500 per annum. The existing agreement is The area of the advertising hoarding site is 240 sq m, 0.02 ha (0.06 acres), or thereby. running on tacit relocation from 2013 and can be terminated on 28 days notice.

The advertising hoardings form part of the subjects offered for sale, although not Combined Total Site Area is 4,785 sq m, 0.48 hectares (1.19 acres), or within the ownership of Glasgow City Council. Interested parties should note that thereby. PLANNING & CONSERVATION

Development Policy Principles

City Plan 2 is the adopted local plan for Glasgow, which is basis for assessing planning applications. To ensure that used as the basis for assessing development proposals. the City’s coverage remains up-to-date and relevant, the City Council is preparing a new LDP for Glasgow which, The site is covered by the Civic, Hospital and Tertiary on completion (scheduled to be 2014), will replace City Education Development Policy Principle ‘DEV 9’ in Plan 2. In doing so, it is important to take on board the Glasgow City Plan 2, which is the current adopted plan. views of the public and other interested parties. Land within this zoning will remain primarily in use for services and infrastructure of City-wide or regional For further information and to view Glasgow City significance. Proposals for the redevelopment or partial Council’s City Plan 2 please visit website redevelopment of land no longer required for civic, www.glasgow.gov.uk/en/Business/developmentplan/ hospital and tertiary education must be prepared within the context of a wider development framework for the From a planning perspective it is worth highlighting site. This should cover any affected adjoining areas in the need for proposals to comply with the terms of the form of a master plan. A proposed Civic, Hospital or City Plan 2 Policy Principles with specific emphasis on Tertiary education use would require to be prepared in DEV 9 – Civic, Hospital and Tertiary Education; DES 1 – the context of a campus plan. Development Design Principle; DES 3 – Protecting and Enhancing the City’s Historic Environment. This is not an There is an emerging City Development Plan for exhaustive list as there are other policy principles to take Glasgow. The City Council has a duty to prepare, and cognisance of in considering development proposals for keep up-to-date, a Local Development Plan (LDP) for this complex of buildings/sites. Glasgow. As well as setting out the Council’s land use strategy for the coming years, the LDP will provide a Conservation Area

This complex of buildings falls within the Glasgow diverse usage and architectural character derived from Central Conservation Area of the city within the centuries of intensive development and redevelopment. Merchant City. The building types range from late 18th century The Merchant City Character Area comprises the part tenements and warehouses to the city’s main public of the city falling within the mediaeval mercantile and institutional buildings. Many buildings carry the town plan and two subsequent phases of ‘new town’ Glasgow Coat of Arms, having been commissioned by development. Very little of the mediaeval mercantile the City Corporation or the various Trades or Merchants town survives in terms of historic fabric, but the guilds. street plan from the Cathedral to the and More details as to the policies and principles applying west along Trongate remains largely intact. Similarly to the Conservation Area are available in the Glasgow fragments remain of the first 18th century merchants’ Central Conservation Area Appraisal, finalised March houses constructed in new streets leading north from 2012. This can be found on Glasgow City Council’s the Trongate, but the street plan is still legible. Vestiges website page for Conservation Area Appraisals (scroll of the network of narrow lanes, wynds and closes can down until you find the pdf document for Glasgow also be found in the character area. Central [22 Mb] ). http://www.glasgow.gov.uk/index. More survives of the planned town around George aspx?articleid=6847 Square designed in 1781. Typically the views along It is recommended that potential buyers discuss the streets of this grid-plan are closed by a landmark development proposals with the Council’s planning building set in a square. The Character Area has a very department before submitting any bid. A

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T VAT/LAND OR BUILDINGS TAX/LEGAL COSTS

The purchaser shall be responsible for the payment of all VAT and Stamp Duty Land Tax Transaction Tax (LBTT) which is due to come into force on 1 April 2015. Each party will (SDLT), or any other statutory land or buildings tax that may replace SDLT, incurred in be responsible for bearing their own legal costs. connection with this transaction. SDLT is due to be replaced with Land and Buildings

CLOSING DATE

Glasgow City Council is seeking best bids for its interest for this development will include proof of ability to fund the acquisition and development, clearly setting out opportunity and will consider both conditional and unconditional offers. Interested the timescales (including the purification of all suspensive conditions) to carry out the parties should register their interest in the property in writing by emailing marketing@ development as well as demonstrating that planning development policy principles will citypropertyglasgow.co.uk quoting “Interested Party George Street Complex”. be met. Notification of the Closing Date will be sent to all those that register. It would be City Property (Glasgow) LLP’s intention to set a closing later in 2014. All Bid submissions for this disposal will be assessed on all the criteria set in the bid parties who register their noted interest online will be sent the bid submission guidance submission guidance but mainly driven by the highest compliant financial offer which and a note of the closing date set.

VIEWING AND FURTHER INFORMATION

Viewings will be arranged on a regular basis. Access to this building complex must be A parcel of electronic documents including copies of plans for the properties and the made by prior arrangement and must be accompanied by a member of City Property EPCs can be downloaded from the website along with the pdf marketing brochure when (Glasgow) LLP staff. To request a copy of the marketing brochure register on the City you register on the City Property website. Property website where this can be downloaded. To be advised of viewing dates email: [email protected] or telephone 0141 287 6161. viewing & further information

The majority of the site can be viewed from the public roads and footpaths which surround it. If interested parties require direct access into the site this can be arranged by contacting City Property

For more information please contact City Property: Marie Collins, City Property: 0141 287 6155 / [email protected] Andrew Kubski, City Property: 0141 287 6159 / [email protected] Alan Graham, DRS Planning: 0141 287 6045 / [email protected]

www.citypropertyglasgow.co.uk @CityPropertyLLP

Disclaimer Notice: City Property (Glasgow) LLP 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 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 permissions 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 but satisfy themselves by inspection or otherwise as to the correctness of each of them, (iii) no person in the employment of City Property (Glasgow) LLP has any authority to make or give any representation of warranty whatever in relation to this property, (iv) City Property (Glasgow) LLP does not bind itself to recommend acceptance of the highest or indeed any offer and on supplying particulars is not issuing instructions and will not therefore bear any liability for Agent’s or other fees. Photographs and Particulars dated August 2014.

george street complex | glasgow