2nd Floor,
Prince Frederick House
35-39 Maddox Street
London, W1S 2PP

Tel: 020 7499 4378
Fax: 020 7499 3478

50 Argyle Street, Glasgow, G2 8AG

Price: End Investment Value £12m

Description

Salmon and NFU Mutual are promoting a new retail, public house and student housing development in Argyle Street, Glasgow in conjunction with adjoining owner Spirit Group.

The scheme is at the initial planning stage and a notice to submit planning has been lodged with Glasgow City Council. It is anticipated a full planning application will be submitted shortly.

The development proposal will rejuvenate the corner of Argyle Street and Miller Street where the existing structure is in very poor condition.

The scheme will promote a new retail unit on Argyle Street, one of Glasgow's principal shopping streets, with a new pub to replace the existing Cairns public house and student accommodation in the upper parts with entrances to both in Miller Street.

The property was sold in 2015.