5 FLORENCE STREET GLASGOW
FOR SALE
FLORENCE STREET CAMPUS
5 FLORENCE STREET GLASGOW
PLANNING The property is Listed Category B within an area designated for Residential and Supporting Uses in Glasgow City Plan 2 (2009) and Mixed Use in Glasgow City Plan 3 Proposed Plan. In addition to the continuation of use for Education purposes, the Mixed Use designation identifies the property as being within an area with potential for alternative uses, subject to Planning Consent, including residential, offices, light industry and community purposes.
LOCATION
DESCRIPTION
The property is located on the south side of the River Clyde with attractive views over Glasgow Green. It is positioned on the east side of Florence Street immediately adjacent to the Adelphi Business Centre, the Gorbals Sports & Leisure Club and the Florence Street NHS Resource Centre in an area of mixed commercial and residential use.
The property comprises a substantial basement, ground plus two storey red sandstone former school building with a pitched and slated roof. Private car parking is provided within the curtilage of the site which is bounded by a sandstone wall with railings.
The property is very close to Crown Street and Albert Bridge providing direct access to Glasgow City Centre and the City of Glasgow College new Riverside Campus is immediately to the west.
Internally the main ground floor entrance leads to a central atrium with various classrooms, administrative offices and support facilities provided over ground, first and second floors. Plant rooms are located in the basement. An eight person lift serves the upper floors. Heating is provided by an oil fired central heating system.
A detailed planning brief has been prepared for the property. This provides further guidance on what alternative uses are likely to be acceptable in principle to the local planning authority, as well as additional information on matters such as developer contributions. A separate detailed 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. The brief and Conservation Report have been endorsed by Glasgow City Council and Historic Scotland.
SCHEDULE OF AREAS FLOOR
SQ M
SQ FT
2nd Floor
729.9
7,857
1st Floor
729.9
7,857
Ground Floor
778.5
8,380
87
936
2,325.30
25,030
Basement TOTAL (GIA)
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.
TYPICAL FLOOR PLAN (First Floor)
Note: Site Plan - Indicative Only
RATEABLE VALUE The property has a Rateable Value of £53,500.
LEGAL COSTS SAT NAV G5 0YX
Each party will be responsible for their own legal costs and the purchaser will be responsible for the payment of any Stamp Duty Land Tax/Land and Building Transaction Tax and Recording Dues incurred in the transaction.
EPC EPC rating “E”.
VAT The property is not opted to tax. As such there is no VAT chargeable on the disposal price. Any intending purchaser will require to satisfy themselves as to the incidence of VAT in respect of any transaction.
DATE OF ENTRY On vacant possession of the property, programmed for January 2017, with date to be confirmed and agreed between the parties.
CLOSING DATE & BID PROCESS A closing date will be set in due course and interested parties are advised to note their interest with the sole agents in order that they are kept informed about the closing date.
VIEWING & FURTHER INFORMATION Viewings will be arranged on a regular basis. Access will be by way of prior arrangement. To be advised of viewing dates e-mail [email protected]
DATA 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.
www.cogcollegedisposals.co.uk
Messrs Ryden LLP 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 LLP has any authority to make or give any representation or warranty whatever in relation to this property. June 2016.
FLORENCE STREET CAMPUS
5 FLORENCE STREET GLASGOW
PLANNING The property is Listed Category B within an area designated for Residential and Supporting Uses in Glasgow City Plan 2 (2009) and Mixed Use in Glasgow City Plan 3 Proposed Plan. In addition to the continuation of use for Education purposes, the Mixed Use designation identifies the property as being within an area with potential for alternative uses, subject to Planning Consent, including residential, offices, light industry and community purposes.
LOCATION
DESCRIPTION
The property is located on the south side of the River Clyde with attractive views over Glasgow Green. It is positioned on the east side of Florence Street immediately adjacent to the Adelphi Business Centre, the Gorbals Sports & Leisure Club and the Florence Street NHS Resource Centre in an area of mixed commercial and residential use.
The property comprises a substantial basement, ground plus two storey red sandstone former school building with a pitched and slated roof. Private car parking is provided within the curtilage of the site which is bounded by a sandstone wall with railings.
The property is very close to Crown Street and Albert Bridge providing direct access to Glasgow City Centre and the City of Glasgow College new Riverside Campus is immediately to the west.
Internally the main ground floor entrance leads to a central atrium with various classrooms, administrative offices and support facilities provided over ground, first and second floors. Plant rooms are located in the basement. An eight person lift serves the upper floors. Heating is provided by an oil fired central heating system.
A detailed planning brief has been prepared for the property. This provides further guidance on what alternative uses are likely to be acceptable in principle to the local planning authority, as well as additional information on matters such as developer contributions. A separate detailed 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. The brief and Conservation Report have been endorsed by Glasgow City Council and Historic Scotland.
SCHEDULE OF AREAS FLOOR
SQ M
SQ FT
2nd Floor
729.9
7,857
1st Floor
729.9
7,857
Ground Floor
778.5
8,380
87
936
2,325.30
25,030
Basement TOTAL (GIA)
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.
TYPICAL FLOOR PLAN (First Floor)
Note: Site Plan - Indicative Only
RATEABLE VALUE The property has a Rateable Value of £53,500.
LEGAL COSTS SAT NAV G5 0YX
Each party will be responsible for their own legal costs and the purchaser will be responsible for the payment of any Stamp Duty Land Tax/Land and Building Transaction Tax and Recording Dues incurred in the transaction.
EPC EPC rating “E”.
VAT The property is not opted to tax. As such there is no VAT chargeable on the disposal price. Any intending purchaser will require to satisfy themselves as to the incidence of VAT in respect of any transaction.
DATE OF ENTRY On vacant possession of the property, programmed for January 2017, with date to be confirmed and agreed between the parties.
CLOSING DATE & BID PROCESS A closing date will be set in due course and interested parties are advised to note their interest with the sole agents in order that they are kept informed about the closing date.
VIEWING & FURTHER INFORMATION Viewings will be arranged on a regular basis. Access will be by way of prior arrangement. To be advised of viewing dates e-mail [email protected]
DATA 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.
www.cogcollegedisposals.co.uk
Messrs Ryden LLP 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 LLP has any authority to make or give any representation or warranty whatever in relation to this property. June 2016.
