Situated in Glasgow, Scotland's vibrant economic center, this property presents a compelling investment opportunity with significant potential for development. The building, constructed of attractive stone, is complemented by an adjacent vacant site, offering room for expansion or new construction. Located in Broomielaw within the International Financial Services District (IFSD), the area has been rejuvenated from its historical dockland roots into a thriving business and leisure destination. With easy access to two main railway stations, an efficient underground system, extensive bus services, and connectivity to Glasgow International Airport, the location is ideal for attracting both business travelers and tourists.
The property comes with planning consent granted for an aparthotel featuring 134 apartments ranging from 23 to 35 m². Although the consent has expired as of August 2025, there’s potential to reapply or modify the plans to suit current market demands. The city center boasts high occupancy rates and a growing serviced apartment sector that caters to extended stay visitors. This unique offering can be developed into either an owner-occupied hotel or as an investment project with potential leasing opportunities. Investors looking for prime locations with clear development pathways will find this property particularly appealing.
