Braehead owners to buy dock

26 Jan 2012

Expansion plans are on the cards as Capital Shopping Centre moves to buy King George V West dock.

A disused section of Glasgow's last working dock is on the verge of being sold to a major shopping European shopping centre owner in a £4.7 million deal.

Capital Shopping Centres (CSC), the company behind the Braehead shopping complex on the outskirts of Glasgow is seeking to buy the King George V West, once part of the main port for both the city and the west of Scotland, which sits close to the mall and retail park.

A spokesman for Clydeport, which manages docks along the river, said operations at the King George V dock would not be affected by the deal. He said: "The area sold has not been a full part of the working dock for some time, with the main operations taking place only in KGV East."

CSC said the waterfront site, which includes a dock, quayside and general yard, offered "significant opportunities" for development of the shopping centre and leisure activities at Braehead.

Source: The Herald - Braehead owners poised to buy dock