Summary
| Property Type | Development / Residential / Residential (PRS) / Student Accommodation |
| Tenure | For Sale |
| Size | 432 Beds |
| Rates Payable | Upon Enquiry |
- 432 beds over 16 storeys
- Average (weighgted) size 21 sq. m.
- Construction due to commence June 2024
- Practical Completion August 2026
- MRP have 50 years experience
About
Broadway Central is a unique opportunity to acquire 432 studio beds in the much sought after and under supplied city of Glasgow.
There are only 20,553 PBSA beds available in Glasgow of which 13,910 are privately operated and 6,643 are owned by the universities. This equates to a 3.8 x student to bed ratio with only 25% of full time students having access to PBSA. The existing pipeline of beds will not satisfy current demand and if student numbers increase as forecast then the undersupply will become even more acute.
Location
Glasgow is Scotland’s largest city and the 4th largest in the UK and is regarded as an economic powerhouse.
Glasgow is home to 5 higher education institutions including the prestigious Russell group member the University of Glasgow (ranked 14th in The Times Good University Guide 2024), University of Strathclyde is ranked 18th and Glasgow Caledonian University is ranked 52nd.
The latest data from HESA is for the 2021/22 academic year, in which Glasgow’s full-time student population was 77,640, which is the highest on record.
Mainline Stations
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Glasgow Queen Street6 mins
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Glasgow Central8 mins
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Charing Cross (Glasgow)10 mins
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Argyle Street12 mins
Underground Station
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Chesham6249 mins
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Amersham6288 mins
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Chalfont and Latimer6312 mins
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Chorleywood6344 mins
Downloads
Download Marketing Brochure
Further Information
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Specifications
Broadway Central has been meticulously designed to offer 154,139 sq.ft GIA (14,320 sq.m) within a 16 storey development providing 432 purpose built student accommodation beds (sui generis). All of the beds will be high specification studios, complemented by an active street frontage and associated internal and external amenity spaces (totalling an impressive 5 sq.m per bed), roof gardens and courtyards, enhancing the streetscape around the building, playing a positive role in the regeneration of the area.
Gallery
