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AIRPORT PARKING SITE FOR SALE – GLASGOW INTERNATIONAL AIRPORT

For sale: £7,650,000.00|10.7 Acres|Land, Commercial Land

PROPERTY DETAILS

FOR SALE£7,650,000.00
SIZE10.7 Acres
ADDRESSParksafe, Burnbrae Drive, Linwood, Paisley, Renfrewshire, PA3 3BU
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON22nd January 2020

DESCRIPTION

• Offers Over £7.65 Mil

• Circa 10.7 acre site

• 2.5 Miles from Glasgow International Airport

• Planning permission for 1,046 spaces

• Great frontage onto A737

• Surrounding occupiers include Skyport Park and Ride and Parksafe

• Proposed £300 Mil expansion of Glasgow Airport

LOCATION

Linwood is a town in Renfrewshire in the west central Lowlands of Scotland, 14 miles west of Glasgow. It is about a mile and a half north-east of Johnstone and west of Paisley close to the Black Cart Water and the A737 Road.

Paisley is a town situated in the west central Lowlands of Scotland. Located on the northern edge of the Gleniffer Braes, the town borders the city of Glasgow to the east, and straddles the banks of the White Cart Water, a tributary of the River Clyde.

It serves as the administrative centre for the Renfrewshire council area, and is the largest town in the historic county of the same name. Paisley is often cited as “Scotland’s largest town” and is the fifth largest settlement in the country, although it does not have city status. The site itself is situated on the western side of Burnbrae Road close to its junction with Burnbrae Drive and benefitting from frontage onto the A737. It is highly accessible from Glasgow and Inverclyde via the M8 Motorway and from Ayrshire via the A737. Surrounding occupiers include Parksafe and Skyport Park and Ride. The site itself is in close proximity to Glasgow Airport (circa 2.5 miles).

DESCRIPTION

The subjects comprise a substantial site which has been cleared extending to approximately 4.3 Ha / 10.7 ac. Planning permission has been obtained to develop the site into a secure car park which will provide 1,046 parking spaces. The site area for the part of the site proposed for parking is circa 8.2 acres. The site is directly opposite long stay secure airport parking and only 2.5 miles from Glasgow Airport with easily accessible road links.

There are proposals outlined for the expansion of Glasgow Airport with some works having already started in Q2 2019. The expansion plans include new terminals, new runways and rail network with a projected costing in the region of £300M. It is predicted that there will be a significant increase in the demand for parking within the area and as such this site offers a valuable opportunity.

PROPOSAL

Our client is seeking offers over £7,650,000 for the Heritable (English equivalent of Freehold) Interest.

PLANNING

Please contact Renfrewshire Planning department for further information
Planning Ref : 18/0227/PP

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale of the property.

VAT

All prices, and premiums quoted are exclusive of VAT which will be payable over and above the asking price.

EPC

N/A

LOCATION

Location: Parksafe, Burnbrae Drive, Linwood, Paisley, Renfrewshire, PA3 3BU

Johnstone (0.8 miles)

Milliken Park (1.7 miles)

Paisley St James (1.9 miles)

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