Description

Salmon and NFU Mutual are promoting a new retail, public house and hotel or student housing development in Argyle Street, Glasgow in conjunction with adjoining owner Spirit Group.

The scheme is at the initial planning stage and a notice to submit planning has been lodged with Glasgow City Council. It is anticipated a full planning application will be submitted shortly.

The development proposal will rejuvenate the corner of Argyle Street and Miller Street where the existing structure is in very poor condition.

The scheme will promote a new retail unit on Argyle Street, one of Glasgow's principal shopping streets, with a new pub to replace the existing Cairns public house and hotel or student accommodation in the upper parts with entrances to both in Miller Street.

The end investment value is estimated at £12million.