A BOUTIQUE hotel development opportunity in Glasgow’s Merchant City is being marketed by DM Hall.
Located on Virginia Street, the Grade A-listed property dates from 1760 and spans five floors with a courtyard to the rear.
Full planning permission has been granted to convert the property into an 18-bedroom hotel with bar and restaurant areas on the ground floor and basement levels.
Jonathan McManus of DM Hall, which is marketing the freehold of the property at offers over £1.33 million, said: “This is a very attractive opportunity for developers/hoteliers who recognise the long-term ongoing development of the Merchant City as a highly appealing city centre hub.
“There is always room in the heart of Glasgow city centre for an attractive, upscale boutique hotel that promises not only to bring in local people but that will appeal also to the anticipated burgeoning, post COVID-19 tourist and conference clientele.”
