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Investment property with development potential

Kilsyth, G65 - Get Access

Description

This large commercial premises presents an excellent development opportunity located within a prime location in Kilsyth, Glasgow (REF 23/00670/FUL). The property comprises a vacant space with an expansive internal layout of approximately 25,080 sq ft, providing a blank canvas for development and customisation. This exceptional property offers a versatile arrangement that would lend itself brilliantly for a variety of commercial uses, appealing to savvy investors and owner-occupiers looking for a noteworthy space to make their own. The premises also offer a potentially excellent opportunity for serviced accommodation (subject to gaining the necessary planning consents), with rates for two-bedroom properties in the area starting from around £150 per night. Kilsyth is a charming town nestled in the central belt of Scotland, offering a blend of rich history and modern living. Known for its welcoming community, the area provides excellent transport links to Glasgow and beyond, making it a sought-after location for both residential and commercial interests.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area: 25,080 sq ft (Listing)

Valuing a large commercial premises of this scale requires careful consideration of its massive 25,080 sq ft floor plate and development potential under planning reference 23/00670/FUL. The property is located in Kilsyth, Glasgow, and features substantial open-plan industrial space alongside partitioned rooms and loading access. Due to the extensive repair needs identified in the condition review—spanning roof repairs, damp remediation, and electrical overhauls—a significant adjustment is necessary to account for the capital expenditure required before the space can be brought into viable use.

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