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Residential Land for Development, Former Netherplace Works, Newton Mearns, G77 6PP

15.27 acres / Land / Residential

For Sale - £5,000,000.00

Available - Last updated: 17 October 2024

Development opportunity with planning consent for sale.

The broad Newton Mearns area benefits from a high level of amenities in terms of transport connections, both public and road networks near the M77, leisure facilities and in particular in accesibility to Glasgow City Centre where much of the local working population are employed.

There is also a development at Greenlaw which, in addition to The Avenue Shopping Centre, provides a parade of convenience retail units including Tesco Express convenience Store and Waitrose Supermarket.

The M77 runs along the western boundary of Newton Mearns.  On the east side of the M77 there is a significant amount of new build housing over the last 25-30 years and currently there are a number of new build sites mainly being developed for larger detached/executive style housing at Maidenhill and Mallets Hew.  These developments when fully built will create circa 1,200 units.

Location

The former Netherplace Works site is located within a semi-rural setting to the west of M77.  The M77 is elevated above the site and runs along the eastern periphery.

There are a number of residential properties within the vicinity of the site.  The field to the north of Netherplace Works is undulating farmland which is bounded by it's north side by Aurs Road and the M77 to it's east.  The Capaelrig Burn runs through the north part of the site.

The site comprises Brownfield land formerly occupied by Netherplace Old Dye Works.

Newton Mearns is the largest town in East Renfrewshire.  Newton Mearns is located 8 miles to the south of Glasgow City Centre and was developed around the original Ayr Road (A77) which runs through it.

The vast majority of Newton Mearns and surrounding areas is developed from the 1930's onwards in mainly low density, low rise quality housing.  In the latter part of the 20th Century the development of The Avenue Shopping Centre, together with significant amounts of housing to the west of the A77 in Crookfur took the population to almost 30,000 at the time of the 2022 Census.

The Avenue Shopping Centre has a number of national retailers including Asda, Marks & Spencer, Boots and Next.

The general area remains affluent and an attractive place to live, particularly in respect of the qulity of housing and education.

Accommodation

The site extends to approximately 6.63 hectares (15.27 acres)

Terms

Planning - The site benefits from planning permission for the erection of a retirement residential community, car home and multiple purpose village centre and the formation of a new access road from Aurs Road (Application Ref: 2017/0359/TP).

The proposed develpment comprises the following elements:

  • 80 bed, two storey care homes
  • 12 residential blocks
  • 38 two storey terraced houses
  • Bowling green and pavilion building
  • Village centre to accommodate a variety of leisure and current counter pools, clinic, restaurant, bar, nursery, shop, meeting rooms, management offices, library etc.
  • The Village Centre will also include two hotel style rooms to provide temporary accommodation for visitors, staff, consultants, respite accommodation etc.
  • 24 flats within the Village Centre
  • Energy centre building

Offers - Offers are invited for the outright ownership (heritable title) and we are inviting offers in excess of £5,000,000.

Data Room - Further information is available in the Data Room.  Please contact us for access.

Specification

  • The site extends to 6.63 hectares (15.27 acres)
  • Brownfield site
  • Cleared site, existing buildings demolished
  • Planning consent granted for retirement village
  • Potential for alternative uses (subject to planning)
  • Affluent location
  • Offers considered in excess of £5,000,000 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £5,000,000.00 NA

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Contact agents

Matthew Southall

Watling Real Estate

020 3369 0214

Jamie Lamond

Watling Real Estate

020 3369 0224

Keith Watters

Graham + Sibbald

020 3151 9672

Peter Fleming

Graham + Sibbald

0131 610 0569

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