For Sale: Old Wynd, 100 Osborne Street, Glasgow, G1 5RP

100 Osborne Street, Glasgow, G1 5RP, UK

Description

For Sale - Old Wynd, 100 Osborne Street, Glasgow, G1 5RP

Consented Glasgow City Centre PBSA Opportunity

JLL working alongside Cushman & Wakefield are delighted to market a uniquely dual consented PBSA development (173 beds) or Hotel Opportunity (165 keys)

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Attributes

Land area gross

0.2 acres

Beds

173

Keys

165

Media

Investment highlights

Located on the corner of Osborne Street and Old Wynd, just a short walk from the vibrant Merchant City district.
University of Strathclyde is just a 10-minute walk away, Glasgow Caledonian University is a 10-minute cycle or a 20-minute walk away, and the University of Glasgow is a 20-minute cycle away.
Consented student development will provide 73,000 sq ft GIA (6,782 sq m) comprising 173 modern studio bedrooms arranged as 164 standard and 9 wheelchair accessible.
Studios will offer spacious living areas with sizes ranging from 18.2 - 28.5 sq m.
The scheme will also provide 9,332 sq ft (867 sq m) of student amenity, equating to 5.01 sq m per resident. This will include cafe bar, study lounge, flexible cinema / yoga studio and games room.
Consented hotel development scheme for a high-quality 165 key hotel.
Heritable interest, the Scottish equivalent of Freehold ownership in England.
Offers are sought on an unconditional basis.