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Offers in Excess of£499,000

121-133 Sauchiehall Street, 1st3rd Floors, Glasgow, G2

Key Features

  • Prime city centre location on Sauchiehall Street, near Hope Street
  • 1st–3rd floors extending to 15,467 sq ft
  • Planning for 21 serviced apartments / short-term lets (ref 24/02373/LBA)
  • Mix of 9 studios, 9 one-bed and 3 two-bed apartments
  • Estimated rental value £250,000 p.a.
  • An experienced Glasgow aparthotel operator has expressed interest
  • Rear access from Sauchiehall Lane
  • Freehold: offers over £499,000

Description

121-133 Sauchiehall Street is a rare city centre development opportunity. It comprises the first to third floors of a substantial four-storey commercial building with a flat roof, extending to approximately 15,467 sq ft (1,436.93 sq m). The ground floor is in separate ownership. Access and egress are from Sauchiehall Lane to the rear.

Planning was granted in November 2025 for conversion to 21 short-term serviced apartments, subject to conditions and a Section 75 notice (ref 24/02373/LBA). The proposed scheme has 9 studios, 9 one-bedroom and 3 two-bedroom apartments (24 bedrooms in total), aimed at leisure, corporate and extended-stay demand. A Scotland-based aparthotel operator with two operational Glasgow assets has approached about the scheme. The estimated rental value is £250,000 p.a., and the operator's projections point to about £271k EBITDA at 83% occupancy. Offers are currently in for two commercial structures: a management agreement at 18% + VAT of gross booking revenue, or a 25-year FRI lease at £220,000 p.a.

The property is offered freehold at offers over £499,000. VAT is applicable, and each party bears its own legal costs.

The property is on the south side of Sauchiehall Street, close to its junction with Hope Street in Glasgow city centre. Glasgow is Scotland's largest city and principal commercial centre, with a city population of around 650,000 and a Greater Glasgow urban area of over one million people.

Glasgow Central and Queen Street stations are within walking distance, with frequent services to Edinburgh (under 50 minutes), London, Manchester and other major cities. The city is served by Glasgow and Prestwick airports, the M8 motorway and the Subway.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-10-13

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
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Garden
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Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

5.5 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

OutdoorsIndoorsEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Predicted 4G and 5G signal; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Garnetbank Primary School644 metres
    Pupils
    213
    Type
    Non-denominational
  • Oakgrove Primary School871 metres
    Pupils
    180
    Type
    Non-denominational
  • St Patrick's Primary School939 metres
    Pupils
    211
    Type
    Roman Catholic
  • St Joseph's Primary School0.6 miles
    Pupils
    203
    Type
    Roman Catholic
  • St Mungo's Primary School & Nursery Class0.7 miles
    Pupils
    179
    Type
    Roman Catholic

Secondary

  • Glasgow Gaelic School0.9 miles
    Pupils
    491
    Type
    Non-denominational
  • St Roch's Secondary School1.1 miles
    Pupils
    696
    Type
    Roman Catholic
  • Hillhead High School1.3 miles
    Pupils
    1,046
    Type
    Non-denominational
  • St Mungo's Academy1.6 miles
    Pupils
    1,015
    Type
    Roman Catholic
  • Whitehill Secondary School1.8 miles
    Pupils
    604
    Type
    Non-denominational

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: planning activity, heritage and any flood history here are in the full report.

Amenities

Supermarket

Tesco Glasgow Sauchiehall Street Express, Glasgow171 metres
Farmfoods Glasgow, Glasgow255 metres
Sainsburys Glasgow Killermont Street Local, Glasgow310 metres

GP surgery

Queens Crescent Surgery0.7 miles

Pharmacy

Boots Uk Limited263 metres

Green space

Public Park Or Garden316 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Glasgow Queen Street Rail Station453 metres

Nearest bus stop

Sauchiehall Street28 metres

Typical drive times

Renfrew12 min · 6.9 miles
Rutherglen12 min · 5.8 miles
Bishopbriggs10 min · 3.8 miles
Glasgow (city)5 min · 1.2 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

SEPA open data, checked around the advertised map pin for the listed acreage. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.

Rivers and the sea

Not on SEPA's flood maps

Surface water

Mapped risk

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact TSA Property Consultants Ltd, Glasgow

162 Buchanan Street, Glasgow, G1 2LL

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