AN iconic Glasgow City Centre office and retail building has been put up for sale.
Glasgow City Council’s property arm City Property Glasgow (Investments) is marketing the Mercat Building via agents Graham and Sibbald.
Built in the 1920s, the A listed premises at Glasgow Cross has 30,000 sq ft over six floors and is described as “a fantastic opportunity for a developer or owner occupier”.
Marketing material states: “[The building] is currently utilised as offices and workshop/studio space with retail accommodation on the ground floor, which has extensive frontage to Gallowgate, London Road and Glasgow Cross.
“The building represents an opportunity for an investor/developer to redevelop a landmark building in Glasgow City Centre.
“Potential uses include retail, food/beverage, boutique hotel, offices and others. Additionally, the property is also suitable for owner-occupation.
The building is currently occupied in part by a retail tenant and an office occupier on the third floor.