10 Elmbank Street, G2 4DL 10 Elmbank Street

The Old High School Complex site is the historic home of The High School of Glasgow, having first opened its doors in 1846 as Glasgow Academy.

The 7 Grade A listed buildings were designed by a number of renowned architects including Charles Wilson, J L Cowan and Watson, Salmond and Gray.

The complex provides a self-contained site, which offers a rare and exciting opportunity to regenerate historically important buildings within a prime location.

This unique, City Centre development opportunity extends to:

Total Net Internal Area Total Site Area 8,096 Sq M (87,134 Sq Ft) 2.28 Acres (0.923 Ha)

Long Leasehold / May Sell The Old High School The site fronts Elmbank Street to the west and is bounded by Bath Lane to the north and J18 Complex is situated adjacent Holland Street to the east. The location, provides a substantial city centre block, which presents a rare development opportunity, within the International Financial Services District (IFSD). to the Prime West City Centre RENFREW STREET office core, which continues The surrounding area has continued to see major investment in new developments which has BUCHANAN BUS STATION to evolve and bring additional regenerated significant sections of the locality. Completed additions include St Vincent Plaza, CHARING supply of Grade A office space. Scottish Power HQ and Dakota Hotel whilst the nearby Bothwell Exchange development and CROSS Moda living PRS scheme are underway. BATH STREET

BUCHANAN ELMBANK STREET GALLERIES Charing Cross Railway Station is located nearby which provides one stop access to Queen M8 HOLLAND STREET WEST REGENT STREET Street Station in the heart of the City Centre. Motorway links are conveniently accessible via

Junctions 18 and 19 of the M8 with Glasgow International Airport only 11 mins (8 miles) drive. WEST GEORGE STREET

S PITT STREET QUEEN STREET ST VINCENT STREET Travel Information Trains DOUGLAS STREET RENFIELD STREET Charing Cross Station 1 minute (walk) BLYTHSWOOD STREET BOTHWELL STREET GEORGE Central Station 12 minutes (walk) J19 SQUARE Queen Street Station 15 minutes (walk)

WATERLOO STREET ANDERSTON BUCHANAN STREET Subway St George’s Cross 10 minutes (walk) PRINCES Buchanan Street 15 minutes (walk) SQUARE

QUEEN STREET

HOPE STREET ARGYLE STREET

GLASGOW UNION STREET

Bus CENTRAL MITCHELL STREET JAMES WATT STREET WATT JAMES

Buchanan Street Bus Station 14 minutes (walk) STREET ROBERTSON YORK STREET YORK OSWALD STREET OSWALD ARGYLE STREET

GLASGOW S Drive AIRPORT M8 1 minute (drive) 11 MINS ST ENOCH M74 5 minutes (drive) SHOPPING CENTRE ARGYLE STREET BROOMIELAW JAMAICA STREET Fly

Glasgow International Airport 11 minutes (drive) Edinburgh International Airport 50 minutes (drive) Glasgow City Centre is the economic powerhouse of the country Any alterations or additions to the listed building shall require to pay and the heart of the ’s only urban conurbation. The site is highly special attention and respect to the buildings special architectural and accessible to public transport connecting to the wider city, city-region historic interest. The Planning Authority, in accordance with CDP 9 and national road and rail networks. Historic Environment, will seek to ensure the appropriate protection, enhancement and management of this outstanding heritage asset. The City Centre area is identified as a Strategic Economic Investment Interested parties shall be aware the subjects are being offered to the Location (SEIL) as defined in CDP 3 Economic Development of the market as a restorative regeneration opportunity and no proposals plan and the site is located within the Principal Office Area. Glasgow City which seek to demolish or unacceptably alter the internal or external fabric Centre is also a key location for a wealth of retail, commercial, leisure and of the original school buildings (i.e. Houses 5, 6, 7, 8, 9 and the Gatehouses higher educational uses. All of these sectors and uses create jobs, attract including boundary treatment) will be entertained. inward investment and provide important economic benefits through agglomeration and clustering. The former High School complex is located within the Central Conservation Area and are category A-listed . Whilst it is considered The established use of the former High School complex is class 4 office and there is minimal scope for new development within the curtilage of the The spectacular ‘A Listed’ Old The buildings are predominantly sandstone construction with pitched and continued use of the buildings for this purpose would be consistent with listed building, any modest enabling development shall: slate roofs and have many outstanding architectural features; House 6 is a red protecting the City Centre as a SEIL. However this unique opportunity High School Complex was the also provides a prospect for sustainable repurposing with a new use that - Preserve and enhance the special character and appearance of the glazed brick building and House 10 is a modern addition on the southeast complements the office function and extends activity outwith office hours. area and respect its historic context. prestigious former home of The corner. The buildings are served by a central boiler system located in House 6 This is essential in ensuring the city centre remains attractive to inward which runs via subterranean, interlinked service ducts. The Old High School High School of Glasgow. The investors. This outstanding A-listed building has the potential to be utilised - Be of a high standard of design, respecting the local architectural Complex is formed around a large central courtyard with gated vehicular access subjects are set out in five as a high end luxury hotel with some of the unique spaces suitable for and historic context and use materials appropriate to the from Holland Street. There is pedestrian access from both Holland Street and distinct blocks, together with conferencing, banqueting and supporting leisure uses or concessionary historic environment. Elmbank Street. The site is surrounded by a mixture of traditional stone walls retail. House 10 in particular does not contribute to the historic buildings two gatehouse buildings. Within and ornate iron railings. special interest and removal of this modern, former operational, utilitarian - Protect significant views into, and out of, the area. a self-contained campus the building would be welcomed and may provide an opportunity for Planning modest enabling development. A mix of complimentary uses may also be - Retain and seek to enhance the quality and openness of the central majority of the buildings were Glasgow City Development Plan was adopted on 29 March 2017. The new acceptable providing these uses do not have a detrimental impact on the courtyard and spaces between the buildings which are considered most recently utilised to provide local development plan replaces Glasgow City Plan 2 (2009) and sets out SEIL or the buildings special architectural or historical interest. to contribute positively to the historic character of the area and office accommodation. the Council’s land use strategy providing the basis for assessing planning the symmetry and setting of the listed subjects. applications - See https://www.glasgow.gov.uk/index.aspx?articleid=16186

The City Development Plan overarching policies CPD1 Placemaking and CDP 2 Sustainable Spatial Strategy encourage development to be informed by a placed base approach, which means new development should be responsive to its context and seek to build upon the benefits of proximity. It is critical that new development is compatible with existing and future uses.

59 Holland Street (Gatehouse) 639 Sq Ft 59 Sq M 61 Holland Street (Gatehouse) 716 Sq Ft 67 Sq M House 5 11,725 Sq Ft 1,089 Sq M House 6 28,530 Sq Ft 2,650 Sq M House 7 10,407 Sq Ft 967 Sq M House 8 17,104 Sq Ft 1,589 Sq M House 9 12,534 Sq Ft 1,164 Sq M Building 10 5,479 Sq Ft 509 Sq M Total floor area 87, 134 Sq Ft 8,096 Sq M

N.B. All areas provided are indicative and interested parties should satisfy themselves in respect of measurements and floor areas. 02

01 17

18 08

05 14

ST VINCENT ST.

13 06 07

09 19 16

BATH ST. HOLLAND ST.

SAUCHIEHALL ST. 10 12

ELMBANK ST. 11 15

1 Central Station 11 Scottish Power HQ 2 Queen Street Station 12 KPMG 03 3 Charing Cross Station 13 Morgan Stanley 4 M8 Motorway 14 PwC 04 5 Kimpton Hotel 15 Kings Theatre 6 Dakota Hotel 16 Moda Living PRS Scheme 7 Malmaison Hotel 17 Grand Central Hotel 8 Hampton by Hilton Hotel 18 Double Tree by Hilton 9 IBIS 19 Santander 10 Hilton Hotel An abundance of top-quality retail and The city benefits from growing visitor numbers, as it has diversified leisure experiences surround The Old High and strengthened its business base, events calendar and tourist attractions. The Glasgow Tourism and Visitor Plan, sets out an School Complex. The city is the No.1 UK ambitious and focused strategy to increase overnight leisure visits by retail destination outwith London’s West one million over the next five years. The city has a growing reputation End, and Buchanan Street remains the prime as a premier conferencing city, which along with the established sport retail pitch in Scotland, with Invest Glasgow and recreational tourism markets, have seen the occupancy rate hit 80.7% (STR Global 2018) across its near 10,000 rooms. TENURE VAT DATA ROOM reporting annual footfall of 50 million people. The vendor is seeking offers to Let the Unless otherwise stated all figures and Interested parties should register their interest Glasgow is regularly voted one of the top 10 As Glasgow continues to gain recognition as a leading place to subjects by way of a long ground lease (up prices etc, are quoted exclusive of VAT. via the dedicated website: places to shop in the UK and continues to visit, so does demand for Hotels. In 2018 Glasgow was recognised to 125 years). Full details will be provided to Interested Parties, within Bid Submission EPC theoldhighschool.co.uk attract the sectors leading occupiers. at number 10 within New York Times’ top 52 places to go. This upwards Guidance, however it should be noted that An EPC has been undertaken for trajectory has seen increased demand from Hotel operators seeking whilst offers for the Heritable Title will be each property and can be viewed in We anticipate a two stage process in which initial prime sites, such as The Old High School. Glasgow continues to attract considered, there is a strong preference for a the Data Room. offers received will be shortlisted for further international events like the UEFA Euro 2020 Championship, Celtic Leasehold structure, with a guaranteed base consideration. Full instructions will be issued along Connections and more which presents a positive Tourism outlook. rent with an equity top up. with confirmation of the closing date in due course.

The Old High School Complex is surrounded by an abundance of leisure destinations, and is a short walking distance from Finnieston, which has become a hotbed for superb, unique restaurants and bars. CONTACT Significant investment is taking place to the north of the site, with the “Avenues” scheme seeing £115 million committed to improving infrastructure and integrated public realm space. Phase 1 is nearing completion and has vastly improved Sauchiehall street and its links to the site.

The magnificent Glasgow SSE Hydro, designed by Foster + Partners and opened in 2013, anchors the nearby Scottish Event Campus (SEC) which continues to attract events with international appeal across the music, sport, exhibition and business conferencing sectors. In 2018 Innes Flockhart Mark Gillies Terry McFarlane Glasgow secured 490 international and UK conferences through [email protected] [email protected] [email protected] to 2021, worth £143 million demonstrating its position as a leading 0141 567 5351 0141 567 5358 0141 567 5397 conference destination. 07803 896 939 07787 291 149 07766 551 663

At only one stop from the Charing Cross Station, and with direct access These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers / Tenants should not rely on these particulars but satisfy onto the Motorway Network at Junction 18 and 19, The Old High themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham + Sibbald have no authority to School is exceptionally accessible for the Hydro, Glasgow and beyond. give any representation other than these particulars in relation to this property. Intending Purchasers / Tenants take the property as they find it. 3. Graham + Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser / Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices. 6. Date of Publication: September 2019. theoldhighschool.co.uk