SHEPHERD Chartered Surveyors has announced it is bringing to market the ‘iconic’ Teacher building at Glasgow’s St Enoch Square, with offers over £1.35 million invited.
Built in 1875 and designed by architect James Boucher, the building originally housed the headquarters and dram shop of William Teacher & Sons. More recently it operated as a conference centre for the Institute of Engineering and Technology.
The B-listed building extends over basement, ground and four upper floors. The property is currently configured as office accommodation. Last year, the facility received planning permission to create a ground floor restaurant and bar as well as 25 serviced apartments on the upper floors.
Steve Barnett, managing partner at Shepherd, said, “Representing a prime city centre development opportunity for the consented bar, restaurant and serviced apartment consent, the Teacher building also offers an excellent opportunity for an occupier or office investor to acquire a well-appointed landmark office HQ in an improving location suitable for immediate occupation.”