Property Information
Address:
Mercat Building, 26 Gallowgate, Glasgow, City Of Glasgow
, G1 5AB
, City Of Glasgow
, United Kingdom
Price: Buy: POA
Size: 29849 sq ft2773 sqm
Primary Category: Land
All Categories:
Land,
Property Ref/Movehut: MH676654
Property Ref/Agent: 51954
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 10, 2024
Property description
The subjects were constructed during the late 1920s and comprise a grand, architecturally striking landmark building comprising six floors. The building is 'A' listed and is constructed of steel-framed polished ashlar beneath a slated mansard roof. It is currently utilised as offices and workshop/studio space with retail accommodation on the ground floor. The upper floors are accessed via a central stairwell and lift lobby accessed from Gallowgate.
It is currently utilised as offices and workshop / studio space with retail accommodation on the ground floor, which has extensive frontage to Gallowgate, London Road and Glasgow Cross. The upper floors are accessed via a central stairwell and lift lobby accessed from Gallowgate.
OPPORTUNITY
The building represents an opportunity for an investor / developer to redevelop a landmark building in Glasgow City Centre.
Potential uses include retail, food + beverage, boutique hotel, offices and others.
Additionally, the property is also suitable for owner-occupation.
TENANCY INFORMATION
The building is currently occupied in part by a retail tenant on a monthly lease and an office occupier on the third floor, with a lease expiry on 27th April 2024. Otherwise, the building is vacant.
In addition, there is a telecommunications mast lease expiring in June 2034.
Full details available from the agents.
Located in the popular Merchant city area
Highly prominent position
Highly accessible location with excellent transport links
Suitable for a variety of uses Subject to Planning
Suitable for a variety of uses Subject to Planning
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