Our Summary

• The proposed plans have been submitted to Glasgow city council for consideration and full planning permission is imminently expected, allowing a new owner to move directly forward with conversion
• As the building remains classed as a commercial premises it would be subject to commercial stamp duty obligations – a commercial stamp duty bill at the asking price being approximately £63,500 and therefore much more attractive than the potential residential LBTT costs
• Some buyers might prefer to purchase the property and restore it as one principal residence and, considering the imminently due planning permissions, this may be the last opportunity for a purest to secure the house and keep it as it was intended to be
• For those who would prefer to buy and develop the current planning application is to separate the property into two dwellings
• An amazing opportunity to keep as one original or develop into two luxury duplex units
• • Flexible Use & Development Potential: Currently classed as a commercial property (lower stamp duty liability), with planning submitted to convert into two luxury residences—each with access to garden grounds and off-street parking
• • Rare Restoration Opportunity: Potential for restoration into a single grand residence—an increasingly rare prospect in such a historic and sought-after location
• • Investment Potential: Ideal for executive families or developers seeking a high-end project with immediate architectural and planning groundwork in place