A major development site in Glasgow city centre has been put on the market.

The 1.28-acre plot at 20 India Street was previously home to an office building, used by Strathclyde Regional Council and later Glasgow City Council, which was demolished in 2015.

It is now available for sale or long-term let.

The site is being marketed by CBRE on behalf of City Property Glasgow (Investments) LLP, which owns and manages around 1800 commercial properties in the city.

Yards from Charing Cross train station, the site is close to a number of significant developments including Scottish Power’s headquarters, Starwood Capital’s St Vincent Plaza development and Moda Living’s build-to-rent development on the site of the former Strathclyde Police headquarters.

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Andy Cunningham, Head of Advisory & Transaction Services at CBRE Scotland, said: “20 India Street offers a rare chance to secure the largest development site in one of Glasgow’s best-connected locations.

"It is a major opportunity for a developer to create a new sense of place in an area with so much potential.

"We anticipate a huge level of demand, likely from residential, student accommodation and office developers, now the site is available.”

In 2020, CBRE sold Portcullis House, a building adjacent to the site at 20 India Street, on behalf of Mapley.

This is due to be demolished for redevelopment and has been purchased by Watkin Jones who will create a new build-to-rent and co-living development subject to planning. 

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Allan McDonald, Asset Maximisation Manager at City Property Glasgow (Investments) LLP, added: “We are delighted to be working with CBRE on bringing 20 India Street to the market.

"This area of the city has seen major investment over the last few years, and it is anticipated that this site will attract substantial interest from developers.

"We look forward to playing a part in a further significant development in this area.”

Offers are invited for a long leasehold or heritable title on the site.