FOR SALE PRIME CITY CENTRE EXCEPTIONAL OPPORTUNITY

Transcription

1 GLASGOW FOR SALE RIME CIY CENRE EXCEIONAL OORUNIY ON BEALF OF

2 60 NOR ANOVER REE EXCEIONAL OORUNIY City of Glasgow College has relocated from various properties to a new purpose-built City Campus, close by in Cathedral Street. he former premises at North anover Street present an exceptional opportunity for refurbishment and new build potential for a variety of alternative uses including hotel, various forms of residential, offices and commercial, subject to planning.

3 60 NOR ANOVER REE Glasgow Caledonian University RENFIEL DOUGLAS Glasgow Central Station INGRAM S rinces Square Shopping Centre QUEEN St Enoch Subway OUANDING ANORAMIC VIEWS he property comprises a basement, ground plus 14 storey high rise building on the southern part of the site with an interconnecting basement, lower ground, ground plus two storey podium building on the Glasgow City Chambers GOMA ARGYLE S he property is probably Glasgow s most prominent landmark building, being highly visible from virtually anywhere around the city. Located in the heart of Glasgow city centre, immediately to the north of George Square and east of Queen Street rail station, the building has extensive frontages to both North anover Street and Cathedral Street. O M8 M George Square University of Strathclyde northern section. he generally open plan floors within the tower have been sub-divided to create a range of former teaching areas, private/general rooms, offices and canteen facilities. he rooftop feature space was originally a gymnasium, subsequently utilised as a television studio. he interconnecting podium has a dedicated main entrance and foyer at ground floor level and provides generally open plan floors sub-divided to create a range of offices/meeting rooms, former teaching areas, library and support facilities. St Enoch Shopping Centre ARGYLE S ERIGG WAERLOO GEORGE CANDL J19 Queen Street Station RD L O M8 MOORWAY GLASSFO BOWEL Buchanan Street Subway D N N ANO V E R ANE VINCE City of Glasgow College City Campus CAEDRAL AN EORGE L BUCAN WE G Buchanan Quarter ILE Buchanan Galleries Shopping Centre BA WE N Blythswood Square OE ON EGEN S ALL WELLING WE R Buchanan Bus Station SAUCIE BLY SW Charing Cross Station OOD OORWA Y N FRED ERICK S M8 CIY OF OORUNIY he new purpose-built City of Glasgow College City Campus and University of Strathclyde Campus are located immediately to the east and Glasgow Caledonian University Campus is directly to the north on North anover Street. he core city centre location provides immediate access to all forms of public transport and easy access to the motorway network. he adjacent Buchanan Galleries Shopping Centre provides an extensive range of retail, restaurant and leisure facilities. he ongoing redevelopment of Queen Street station will also create substantial additional commercial activity directly to the west of the property. he location will be further enhanced by the committed City Deal Avenues integrated public realm improvements to North anover Street gateway route, from the M8 to George Square.

4 60 NOR ANOVER REE GLASGOW CIY CENRE LANNING 01. he roperty - North anover Street 02. Buchanan Galleries Shopping Centre 03. University of Strathclyde 04. City of Glasgow College City Campus 05. echnology Information Centre (IC) 06. Glasgow City Chambers 07. George Square A planning brief has been prepared for the property. his provides guidance on the range of uses which are likely to be acceptable in principle to the local planning authority, as well as additional information on matters such as developer contributions. 08. Glasgow Caledonian University 09. he Royal Conservatoire of Scotland 10. Glasgow School of Art 11. St Enoch Shopping Centre 12. he SSE ydro he property is listed Category B. A separate Conservation Report has been prepared to provide information on the history and significance of the building and to identify the general scope for alteration, intervention and extension where applicable. he brief and Conservation Report have been endorsed by Glasgow City Council and istoric Environment Scotland. 13. M8 Motorway rain Station he key part of the development plan is the Glasgow City Development lan (CD). he CD does not apply a site-specific policy to the property. he property is considered to be suitable for a variety of alternative uses including hotel, various forms of residential, offices and commercial, subject to planning. Subway Station Bus Station Buchanan Street Subway Queen Street Station St Enoch Subway CAEDR AL Argyle Street Station CAR AR K 60 NOR ANO REEVER 05 MARA igh Street Station 10 MINUES WA LK SOR CENRES NOR Argyle Street 5 MINUES WALK SA NAV G1 2B Note: Site lan - Indicative Only Buchanan Bus Station Buchanan Street K Glasgow Central Station 09 FREDER IC Sauchiehall Street

5 60 NOR ANOVER REE NAMED BY NAIONAL GEOGRAIC RAVELLER AS ONE OF IS 20 BE OF E WORLD DEINAIONS FOR 2016 GLASGOW S MUSIC SCENE IS SECOND O NONE OING 130 MUSIC EVENS EAC WEEK 4 WORLD CLASS UNIVERSIIES 3 SUER COLLEGES ARACING OVER 130,000 UDENS EVERY YEAR AND 67,000 IGER EDUCAION UDENS E ARCIELAGO OF E CLYDE COA AND E IGLANDS UNNING SCENERY IS JU 45 MINUES AWAY WORLD CLASS LOCAION FOR FILM AND V RODUCION WI MAJOR INERNAIONAL RODUCIONS SUC AS WORLD WAR Z, CLOUD ALAS, FA & FURIOUS 6 AND OULANDER COOSING O SOO IN GLASGOW OELS REGULARLY OUERFORM KEY EUROEAN COMEIORS INCLUDING ARIS, ROME, BARCELONA, VIENNA & AMERDAM LARGE RAIL NEWORK OUSIDE LONDON 8 RAINS ER OUR O EDINBURG AND 38 RAINS ER DAY BEWEEN GLASGOW / LONDON SINCE 2005, GLASGOW SCOOL OF AR AS RODUCED 5 URNER RIZE WINNERS OVER 500,000m² OF REAIL SACE GLASGOW IS E UK S SECOND REAIL CENRE AFER LONDON GLASGOW AS A VIBRAN CAFÉ, REAURAN AND UB SCENE IN 2015 GLASGOW ARACED 2.2 MILLION INERNAIONAL AND DOMEIC OURIS GENERAING 613 MILLION FOR E LOCAL ECONOMY E DIVERSIY OF E CIY OFFERS SOMEING FOR EVERYONE: INCREDIBLE CULURE & ACIVIIES, ROXIMIY O NAURE & WONDERFUL ARKS, LUS FASCINAING IORICAL ASECS ONE OF E WORLD S LEADING DEINAIONS FOR SORING EVENS OING E 20 COMMONWEAL GAMES, E 2015 WORLD GYMNAICS CAMIONSIS AND E INAUGURAL EUROEAN SORS CAMIONSIS IN 2018 SSE YDRO IS RANKED O GLOBAL VENUE (BILLBOARD) AND 3RD IN E O 100 WORLDWIDE ARENA VENUES (OLLAR) OME O SOME OF E FINE COLLECIONS OF CIVIC AR IN EUROE A E BURRELL COLLECION AND KELVINGROVE AR GALLERY AND MUSEUM IN ADDIION O E AWARD WINNING RIVERSIDE MUSEUM OULAION: 606,340 E ROYAL CONSERVAOIRE OF SCOLAND IS E UK S ONLY CONSERVAOIRE OFFERING MUSIC, DRAMA & DANCE 15 MINUES DRIVE O GLASGOW AIROR DAILY DOMEIC FLIGS O LONDON AND BIRMINGAM WI INERNAIONAL DEINAIONS INCLUDING NEW YORK, BRUSSELS, DUBAI, ORONO, VALENCIA, LISBON, MADRID, KRAKOW AND SEOUL

6 60 NOR ANOVER REE SCEDULE OF AREAS MAIN BUILDING SQ M SQ F 14th Floor (Mezzanine) ,980 14th Floor ,716 13th Floor 1, ,764 12th Floor 1, ,764 11th Floor 1, ,764 10th Floor 1, ,764 9th Floor 1, ,764 8th Floor 1, ,764 7th Floor 1, ,764 6th Floor 1, ,764 5th Floor 1, ,764 4th Floor (Mezzanine) ,768 4th Floor ,996 3rd Floor (Mezzanine) ,792 3rd Floor 1, ,764 2nd Floor 1, ,764 1st Floor 1, ,764 Ground Floor ,138 Basement 1, ,260 OAL (GIA) 15, ,817 FLOOR LAN EC EC rating is G. ODIUM SQ M SQ F 2nd Floor ,486 1st Floor ,871 GROUND FLOOR ODIUM RAEABLE VALUE he property has a Rateable Value of 505,000. Ground Floor ,166 Lower Ground ,188 LEGAL COS Basement ,759 OAL (GIA) 3, ,470 OAL (GIA) 19, SQ M / 208,287 SQ F Note: Floor areas provided by City of Glasgow College, as calculated by scaling from CAD drawings. Floor areas are indicative and are not warranted. Interested parties will require to satisfy themselves in respect of measurement and calculation of floor areas. BASEMEN & LOWER GROUND FIR FLOOR MAIN BUILDING BASEMEN & LOWER GROUND Each party will be responsible for their own legal costs and the purchaser will be responsible for the payment of any Land and Building ransaction ax and Recording Dues incurred in the transaction. VA he property is not opted to tax. As such there is no VA chargeable on the disposal price. Any intending purchaser will require to satisfy themselves as to the incidence of VA in respect of any transaction. USEFUL WEBSIES Invest Glasgow Glasgow City Council eople Make Glasgow Scottish Enterprise ourism & Conventions Scottish Development International Skills Development Scotland

7 GLASGOW DAE OF ENRY On conclusion of legal missives. DAA ROOM Interested parties can request access to a dedicated electronic Data Room containing copies of floor plans, planning brief and technical information, which will assist parties in formulating their proposal for the property and should reduce the conditionality of bid submissions. CLOSING DAE & BID ROCESS he bid process is set out in the Information Memorandum, which can be downloaded from or, by request at cityofglasgowcollege@ryden.co.uk Interested parties should also register their interest in the property by ing cityofglasgowcollege@ryden.co.uk City of Glasgow College is seeking best bids for its outright ownership in this development opportunity and will consider both conditional and unconditional offers. VIEWING & FURER INFORMAION Viewings will be arranged on a regular basis. Access will be by way of prior arrangement. o be advised of viewing dates cityofglasgowcollege@ryden.co.uk Ewan Cameron or Steven Gay (+44) Messrs Ryden LL for themselves and for vendors or lessors 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 intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden LL has any authority to make or give any representation or warranty whatever in relation to this property. February 2018.