Community Asset Transfer to Annexe Communities Complete

City Property Glasgow (Investments) LLP (CPGI) is pleased to announce the completed sale of 9a Stewartville Street to Annexe Communities, a registered charity which has been serving the community of Partick and surrounding areas for 39 years.

Transfer of ownership of the property will enable Annexe Communities, established in 1987, to continue with their mission to promote health, wellbeing and social inclusion for individuals who face barriers to participation in society.

The organisation delivers a wide range of community-based services and activities designed to reduce isolation, improve mental and physical health and empower individuals through engagement, support and skill-building, alongside a community café which provides an informal and space for connection. Whilst The Annexe is open and inclusive to all ages; targeted support is also provided for those facing challenges such as social isolation, financial hardship and long-term health conditions.

Securing ownership of the building represents a significant and positive step forward for Annexe Communities by providing long-term stability and reassurance to the local community by strengthening the ability to plan sustainably, respond to emerging challenges and expand opportunities that improve health and wellbeing across the area.

Speaking on behalf of Annexe Communities, Kashif Anwar, General Manager said:

“The Community Asset Transfer secures the long-term future of Annexe Communities at the heart of Partick. For nearly four decades, we have worked alongside local people to tackle isolation and improve health and wellbeing.

Owning our building not only provides stability for our organisation but also guarantees that this space will remain a dedicated community asset forever. We are excited about the opportunities this brings to grow our impact and continue supporting local residents to connect, thrive and shape their own community.”

Jacqui Morton, Chartered Surveyor (Asset Management) at City Property, added:

“City Property’s Community Working Group was immediately impressed by the business plan presented by Annexe Communities, setting out their future ambitions for how they will serve the community. The organisation which has successfully delivered local services over the last 39 years, and we have no doubt that they will continue to ensure the people of Partick benefit from a safe and supportive environment for years to come”

“This voluntary Community Asset Transfer demonstrates CPGI’s commitment to delivering economic and social benefits as well as contributing to the growth of opportunity and prosperity for Glasgow. I’d like to thank the combined efforts from both organisations for making this transaction happen.”

More details about Annexe Communities can be viewed at: www.annexecommunities.org.uk