Joint Venture/For Sale

The Egyptian Halls  84-100 Union Street, Glasgow G1 3QW

Comprehensive Scheme Options to be issued early-mid October to GCC and HES

Update to come.


This ownership structure allows for 100% flexibility and which allows the mutual shareholders of both companies to look for a Joint Venture Partner or an outright Sale for either the Ground Floors owned by USP or the Upper Floors owned by USI or a combined option of both USP and USI’s properties.


Planning and Listed Building Consent was granted January 2012 but has lapsed due to funding issues. However a fresh, collaborative initiative is being developed with the aspiration to reconcile the now 22 year funding gap. Various scheme options have now undergone detailed structural, planning, valuation and financial assessment.

Ground Floor

4 single Bar/ Restaurants or two double units or a single “super” unit. Perhaps even the location for the mooted Museum of Slavery.

Upper Floors

150-225 bedroomed 3/4 star hotel over 4 existing floors with a 2 floor New Build Extension, which could increase to 3 or 4 floors subject to Planning and Listed Building Consent.

Floor Areas

Below are listed the indicative and relevant floor areas, subject to confirmation.

Ground Floor6827,341
Mezzanine Area3123,358
1st Floor7528,094
2nd Floor7528,094
3rd Floor7528,094
Proposed Level 56506,997
Proposed Level 66506,997

* Excluding existing stair, proposed fire-fighting lift, proposed escape stairs, existing/proposed light wells.

Space Configurations

The Ground Floor; Units, 84, 88, 96, 100 Union Street = 1453M/15,640 sq ft
 The Upper Floors, 92 Union Street = 4620M/49,708 sq ft
 The Whole Building 84-100 Union Street = 6073M/65,348 sq ft

To Register an Interest

Email: Ewan Mackay -

Steven Barnett –

or Derek Souter -

Call: Ewan Mackay 0141 226 1662 | Mobile: 07917 834 912

Steven Barnett 0141 331 2807 | Mobile: 07720 466 018 

or Derek Souter 01382 451702 | Mobile: 07850 081188