A site in Glasgow which has planning permission to be turned into a retirement village is to go on the market for £5 million.
The former Netherplace Old Dye Works site close to Newton Mearns has been brought to market by Watling Real Estate and Graham & Sibbald with a price tag of £5 million.
It already has planning permission to be used as a residential retirement village but there are other options for the site for whoever buys it.
The site is 15.27 acres and is close to the motorway, and the planning permission for it allows for a retirement residential community with a care home and a multi-purpose village centre which would all be access from a new road being built.
Matthew Southall, an associate director in Watling’s London office, said: “This is a substantial site in an affluent area that already has permission for the development of a retirement residential community, a care home and multi-purpose village centre – all accessed on a new road from Aurs Road.
“Its proximity to the M77 and fast access to Glasgow city centre makes it a very attractive proposition.”
The proposed village (Image: Watling)The proposed development would include 12 residential blocks, 38 two storey terraced houses and a two storey care home with 80 bedrooms in it.
A library, a bowling green and pavilion and a village centre is also included with the latter having leisure and recreational facilities including a fitness suite, a pool, a restaurant, bar, nursery, shop, meeting rooms and management offices.
Mr Southall said: “The village centre will also have two hotel style rooms to provide temporary accommodation for visitors, staff, consultants and as respite accommodation, plus there will be a further 24 apartments within the village centre.”
Joint agent Keith Watters, a partner at Graham + Sibbald, added: “The site is consented and has been cleared with all existing buildings demolished so it really is ready for developer to take forward. In addition, we do expect there to be significant interest on an alternative use basis.”
The site is located within a semi-rural setting to the west of the M77, with undulating farmland to the north and the Capaelrig Burn running through the north part of the site.