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DRIVE-Thru Coffee Shop And Neighbourhood Shops Agreed For Darnley Mains

11 July, 2024 | News

A NEIGHBOURHOOD shopping and commercial centre — including a drive-thru coffee shop — has been approved for a site at Darnley Mains.

Glasgow City Council planners have given permission for the development beside The Old Plane Tree pub/restaurant, across from the B&Q superstore at Waukglen Road/Leggatston Road on the southern outskirts of Glasgow.

There will be two building, one with a convenience foodstore plus three smaller units for a mix of uses , and another housing a coffee shop, with drive-thru, and a further food/drink unit.

A planning statement submitted with the planning application explained: “The proposed neighbourhood centre development will serve the established and emerging resident population within the surrounding area, all of which is within easy walking or cycling distance of the proposed facility.

“The delivery of the development will help contribute towards the achievement of a 20-miniute neighbourhood for local residents.”

Evolve Finance are a Glasgow-based commercial finance brokerage serving the UK, specialising in all types of property finance for Property Developers, Landlords and Investors and offering innovative finance solutions, they welcome complex cases and back their experience to add value to any project.

Here’s just some development finance products that may be of interest.

Development funding for projects in Scotland: For projects from £750,000 to circa £50,000,000, this facility is typically for the purchase and ground up development costs of new build residential projects, large residential refurbishment projects or commercial projects with the loan repayment coming from the sale proceeds or re-financing to a term loan.

Scottish bridging finance options: This facility is typically used for projects ranging from £50,000 to £3,000,000, covering purchase and development costs of anything from one-bedroom flats to large commercial-to-residential conversions, as well as smaller new build developments like a single detached house or gap site projects of 6–12 flats.

Funding for buy-refurbish-refinance-rent strategies: The Buy, Refurbish, Refinance, Rent (BRRR) strategy is a highly effective method that enables you to rapidly grow a substantial, cash-flowing buy-to-let property portfolio, helping you maximize your investment returns and build long-term financial security through property.

Exit loans for nearly completed or completed developments: Developer exit finance comes into play when a project is nearing completion and awaiting sales or refinancing to complete. It repays the development finance and is typically at a lower interest rate, allowing developers to access profits or raise capital for future projects.

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