Industrial: New Development Opportunity Unveiled Near Bellshill March 15th, 2024 Mya Driver There’s a significant development prospect released to the market, located near Bellshill, North Lanarkshire, just 12 miles southeast of Glasgow’s city centre. This offering encompasses a substantial 250,000 square feet of industrial space set on a sprawling 35.5-acre site. It presents a versatile opportunity, appealing to investors interested in acquiring a large industrial premises. Moreover, the site holds potential for varied redevelopment projects, including an industrial park or residential housing, contingent upon acquiring the necessary planning permissions.The Clydesdale Road site is strategically positioned, boasting excellent transportation links with convenient bus and rail services. Additionally, it is situated within a 2-mile radius of Bellshill Town Centre, ensuring easy access to schools and local amenities.Savills’ Development and Industrial Teams are collaborating with the landowners to facilitate the sale. Jamie Doran from the Development Team remarked on the unique appeal of the site, noting, “We anticipate a strong interest from various parties due to the existing industrial infrastructure and the site’s suitability for residential development, considering the evolving character of the surrounding area and the limited land availability in the West of Scotland for projects of this magnitude.”Ross Sinclair from the Industrial Team highlighted the rarity of such an opportunity, especially one that offers excellent connectivity to major road networks and the potential for expansion or redevelopment by similar industrial users.The site, currently marketed by Savills on behalf of Vallourec, a supplier to the oil and gas sector, represents a prime opportunity for strategic development in an area poised for growth and transformation.