A 6,700 sq ft office, nursery and business centre in one of Glasgow’s most desirable suburbs, which has planning consent for a residential-led development, has hit the market with a price tag of £1.35m+.
Exchange House is located on the east side of Drymen Road in Bearsden’s conservation area and currently generates annual rental income of just under £122,000.
The property has detailed residential planning consent for 13 apartments, two commercial units and a new nursery.
Jonathan McManus, from DM Hall, who is overseeing the sale, said: “This is a rare opportunity to acquire the heritable interest of a centrally located property in a highly regarded area which is also one of the best residential neighbourhoods in the west of Scotland. With an existing stable rental income and the prospect of residential and commercial development readily at hand, we expect to see significant interest from the investor and developer communities from whom offers over £1.35m are invited.”
