Summary - Cathedral Square, Glasgow, G4 G4 0XA
8 bed 1 bath Hotel
Turnkey boutique hotel with restaurant, beer garden and strong turnover.
Freehold iconic 1896 Scottish Baronial building in Cathedral Square
A rare freehold opportunity in Cathedral Square, Glasgow: a distinctive 1896 Scottish Baronial sandstone building operating as an award‑winning hotel, restaurant and bar. The business produces strong turnover (circa £995,000 net) with adjusted profit around £181,500, and benefits from a high‑profile city‑centre location directly adjacent to Glasgow Cathedral, the Necropolis and close to major universities and transport links.
The property is arranged over basement to third floor and includes an established restaurant/bar, commercial kitchen, licensed beer garden and eight letting rooms. Many rooms and public areas offer memorable views of the cathedral and Necropolis; the premises were fully refurbished by the current owners and present as a turnkey operation currently let in full to a Michelin Bib Gourmand operator.
Opportunities are clear for an owner‑operator or investor: expand covers in the large beer garden, add rooms or apartments on the first floor with limited adaption, or continue the existing leased food and beverage model. The rateable value is modest and the premises licence will transfer to a purchaser, supporting immediate trading continuity.
Important considerations: the EPC rating is G and the wider area is recorded as “very deprived,” which can affect operating costs, funding and certain planning outcomes. The business is sold as a going concern and further financial and operational due diligence (including confirmation of room ensuites and accounts) is recommended. Anti‑money‑laundering checks will be required once terms are agreed.
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