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Glasgow Live
Glasgow Live
National
Carla Jenkins

Virgin Money building on iconic Glasgow Royal Exchange square up for sale

A landmark building on Glasgow’s iconic Royal Exchange Square is up for a sale.

The A-listed former GSPC building on the corner of Royal Exchange Square and Queen Street is currently the flagship Scottish store of Virgin Money.

The company has agreed a long-term lease on a new head office at 177 Bothwell Street and is to open a new hotel on Clyde Street in 2022.

The building has been described as "prime investment opportunity" by Shepherd Chartered Surveyors.

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Steve Barnett, managing partner at Shepherd, said: “The highly prominent traditional stone building at 2-4 Royal Exchange Square / 143-145 Queen Street offers approximately 11,400square ft over five levels and sits alongside the city’s acknowledged prime office building developments and just around the corner from the considerable redevelopment of Glasgow Queen Street station, which has been of such benefit to the city centre.

“Virgin Money undertook an extensive refurbishment of the building’s interior while the landlord invested in extensive repairs to the exterior to bring the building up to modern occupier standards.

"Consequently, the building now offers a prime investment opportunity.”

For more information, contact the sole selling agent for further details on 0141 331 2807.

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