SPECTRUM Properties has announced plans to expand an existing business park on a brownfield site in south east Glasgow with a range of industrial and commercial units.
Since 1861, the 1.8-acre site in Broad Street has had various incarnations including use as a cotton mill, an egg distribution factory, a printworks, and a fire brigade storage facility.
Spectrum has received full planning permission to construct and operate up to five new business units for general industry, storage, distribution and general business operations. The combined purchase and build-out cost will be around £3 million.
MD Bill Roddie said, “The new development in Broad Street, which is bounded by Fordneuk Street and the Camlachie Burn, stands directly across from our existing Broad Street Industrial Estate. So, we know the area exceptionally well, having developed two acres of the site as successful, fully tenanted commercial units in recent years.
“Equally, we are aware that there continues to be substantial underlying demand from business people for units of these dimensions and specification. Developments such as these are part of our contribution to the ongoing regeneration of Glasgow’s east end and we are confident that a significant number of jobs will be created when these units are occupied.”