Specialist business property adviser, Christie & Co has been appointed by joint administrators, Alistair McAlinden and Blair Nimmo of Interpath Advisory, to market the former Lorne Hotel, located in Finnieston, between Glasgow’s city centre and the popular West End district.
LORNE HOTEL INVESTMENT HIGHLIGHTS:
- Prior to the pandemic: Property traded profitably from 2007 as a 3-star hotel with independent bar and restaurant
- Sizeable property arranged over two buildings connected at ground to third floor levels. Part modern, part listed with period features
- Potential alternative uses for the property include: an aparthotel, student accommodation, residential and the Private Rented Sector (PRS)
- Fantastic location situated to the west of Glasgow city centre and within walking distance to tourist hotspots such as: The SSE Hydro, The SEC Conference Centre, University of Glasgow and Kelvin Grove Park
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