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167-201 Argyle St 139,962 SF 100% Leased 4-Star Retail Building Glasgow G2 8BU For Sale
Investment Highlights
- Immediate proximity to Glasgow Central Station & short walk to Queen Street Station
- High pedestrian footfall surrounded by major retailers including Uniqlo, Next, Sainsbury’s, and Bank of Scotland
- Serviced apartments and budget accommodation sectors showing strong growth
- Adequate power supply with 800kVA transformer, ~400kVA currently used
- Close to major city-centre projects including the £115m Glasgow Avenues regeneration
- Stable 80–85% occupancy rates, boosted by year-round tourism, business travel, and events
Executive Summary
This landmark opportunity at the junction of Argyle Street and Jamaica Street offers a prime, city-centre hospitality asset suitable for conversion into a high-quality hotel, aparthotel, or hostel. Situated adjacent to Glasgow Central Station and within walking distance of Buchanan Street and the IFSD, the property benefits from exceptional footfall, strong transport connectivity, and year-round demand driven by corporate, leisure, and events activity. Existing plans outline a 139-room (537-bed) hostel scheme, with flexibility to reconfigure into a 155–170 key hotel. With large floorplates totalling 88,500 Sq ft and positive pre-application feedback from Glasgow City Council, the asset provides a highly scalable, operationally efficient platform for experienced operators or owner-occupiers seeking a secure, long-term income-producing location in one of the UK’s strongest hospitality markets. Lease and sale options are available, with terms on application.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
139,962 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1958
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Building FAR
3.12
Lot Size
1.03 AC
Frontage
Amenities
- Bus Line
- Security System
- Automatic Blinds
- Storage Space
Nearby Major Retailers
1 of 12
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167-201 Argyle St
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