The agents said the property “occupies a central position” on a busy Scottish city centre thoroughfare.
Scarlett Land and Development and Graham + Sibbald are jointly marketing 33 Bothwell Street has “planning consent secured for a change of use and two-storey extension to accommodate 99 student beds and ground floor retail”.
The site from above. (Image: Scarlett/Graham + Sibbald) Tenants listed include Starbucks, Chase DeVere and Lambert Smith Hampton.
The agents said that Glasgow City Council issued a “minded to grant” notice confirming its intent to grant full planning permission.
This was for “the change of use of the existing office building at 33 Bothwell Street to purpose-built student accommodation and short-stay accommodation outside term time, including the erection of a rooftop extension and associated works”.
Offers are invited for the city centre building. (Image: Scarlett/Graham + Sibbald) They added: “The minded to grant notice comprises change of use of the existing building to PBSA, excluding the ground floor food and drink unit, which will be retained, erection of a two-storey rooftop extension, resulting in an eight-storey building, and provision of 99 student bed spaces.”
READ NEXT: Lawyer headbutted by topless man as he left Glasgow Sheriff Court
READ NEXT: Drunk man threatened staff at school after he was asked to leave
The agents also said: “The consented proposals follow a period of extensive and positive engagement with Glasgow City Council officials, with the proposals welcomed as a suitable reuse and expansion of an existing building with associated environmental benefits.”
They also “addressed a number of council priorities in terms of increasing the residential population and vibrancy of the city centre, and addressing an identified need for the use”.
“Montagu Evans coordinated the planning application process and would be pleased to assist with any queries on the approach,” the agents said.
They added: “The planning permission will be given following the completion of a satisfactory Section 75 agreement, which ensures that occupiers of the development are full-time students engaged in a course of study at an institution of higher or further education and there is an effective management and maintenance regime in place.”
The agents said income and expenditure forecasts provided by Homes for Students, adding: “Glasgow has the fourth largest student population in the UK. The location serves all Glasgow universities.”
Scarlett Land and Development and Graham + Sibbald invite offers.