Euro Hostel Glasgow in Scotland Offered For Sale

Euro Hostel Glasgow in Scotland Offered For Sale

Euro Hostel Glasgow offers a rare opportunity to secure a major city centre building fronting Glasgow’s iconic River Clyde. The building offers significant opportunity to reposition or redevelop the existing hostel.

Investment Highlights

• A highly prominent building fronting Glasgow’s River Clyde
• Currently operating as a hostel providing 137 rooms with a total of 440 bedspaces, comprising a mix of room types from double rooms to a 14 person suite.
• Located in the heart of Glasgow city centre, close to major transport links as well as world class food and beverage amenities
• The surrounding area has undergone a period of substantial development and has emerged as a hub for bedspaces in the city. The recently developed Clayton Hotel, Premier Inn St Enoch and Adagio Serviced Apartments are adjacent and Virgin Hotel, Homes for Students at Riverside and Legal and General’s Solasta Riverside Build to Rent scheme are all located in close proximity.
• The building offers an exciting opportunity to acquire an established hostel business or consider repositioning or repurposing for hotel, serviced apartment, student accommodation or residential uses
• There is a significant amount of undeveloped space within the existing building offering value add potential
• Offers are invited for the heritable interest (Scottish equivalent of Freehold) and subject to planning offers will be considered.

For inquiries visit here.