Savills News

Early closing date set for industrial facility/redevelopment opportunity in Bellshill near Glasgow

Strong interest has been received for a 35.5 acre development opportunity 12 miles southeast of Glasgow city centre, and an early closing date has been set for 15th May at 12 noon. Savills is marketing the site on Clydesdale Road on behalf of Vallourec, suppliers to the oil and gas sector.

The property comprises over 250,000 sq ft of industrial accommodation on a site extending to 35.5 acres and may appeal to a range of buyers looking for a significant industrial premises, or alternatively, could be considered for redevelopment for a variety of uses, such as an industrial park, or residential housing, subject to the relevant planning consents being obtained. The site on Clydesdale Road benefits from excellent bus and rail links, whilst schools and other local amenities are close by in Bellshill Town Centre (2 miles).

Savills Development and Industrial Teams are advising the landowners in the sale:

Jamie Doran of Savills’ Development Team said: “We received a strong level of interest from a wide range of parties for this opportunity. Despite the industrial nature of the existing facility, the location also lends itself well to residential use by virtue of the changing character of the surrounding area and lack of land supply across the West of Scotland for opportunities of this scale. I look forward to seeing how this substantial site evolves under new ownership.’

Ross Sinclair of Savills’ Industrial Team advises: “The opportunity to obtain a facility of this scale with good connectivity to the road network is rare and the site offers great potential for a similar user to secure a facility that offers room for expansion or redevelopment potential.”

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