The Counting House, 24 George Square, Glasgow, G2 1EG
27,852 Sq Ft / Other / Investment
For Sale
To Let
Available - Last updated: 20 March 2025
The subjects comprise a mix of licensed restaurant and commercial office premises extending over 24 George Square, 2 St Vincent Place and 2 & 4 Anchor Lane, Glasgow.
Access is gained via the main entrance at 24 George Square, which provides access to the licensed restaurant as well as the upper floor offices.
Internally, the subjects can be described as follows:
Ground Floor (Licensed Restaurant):
The licensed restaurant premises, trading as 'Elia', features an open-plan layout with a raised seating area at the front, as well as a larger seating area towards the rear, accommodating approximately 121 covers in total. It includes a fully equipped bar, modern kitchen, and customer restrooms and disabled access W/C facilities. Additional amenities include a staff changing area and a rear fire exit leading to Anchor Lane are also included. The passing rent equates to £55,000 per annum, with the lease due to expire in 2034. There are no further breaks.
Offices (First to Fifth Floors):
The offices span the first floor to the fifth floor of the subject property, featuring a mix of open-plan and cellular offices. The first-floor suite, which can be divided into two separate units, includes a staff kitchen and W/C facilities. The second floor, historically a banking hall, offers office space with some original features, as well as male and female W/C facilities and staff kitchen areas. The third and fourth floors provide additional offices, meeting rooms, comms rooms, and boardrooms with views over George Square. The fifth-floor attic is an open-plan space with modern fittings, including carpeted floors, suspended acoustic tile ceilings, and air conditioning. Access throughout is provided by a communal stairwell and two lifts.
Location
Glasgow is Scotland's largest city and the third largest in the UK. Glasgow acts as the administrative and economic capital of the west coast of Scotland, located on the shores of the River Clyde.
Glasgow is easily accessible by road, rail and air. Glasgow International Airport is within 15 minutes-drive of the City Centre. The City Centre also benefits from two main railway stations (Queen Street Station and Central Station) and Buchanan Bus Station which provides services both locally and national wide . The underground system also connects the city centre to suburban areas northof the River Clyde.
The property is located in the heart of Glasgow City Centre occupying a prominent position on the western side of George Square. George Square is one of Glasgow's busiest areas and is located near Buchanan Street, which is considered UK's best retailing parade outside of London.
The surrounding area has witnessed significant investment and development including the Love Loan development. This £100 million project involves the revitalisation of an historic area just off George Square, turning it into a vibrant, mixed-use neighbourhood. The development includes the AC Hotel by Marriott, new residential apartments, and various food and beverage venues, all designed to create a lively day-to-night destination?.?
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
The Counting House |
For Sale
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| NA |
The Counting House |
To Let
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NA
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