15th November 2018

Merchant Square, Merchant City, Glasgow

Merchant Square is a Category ‘A’ listed period building dating back to the 19th and 20th Century comprising c. 52,828 sq. ft. arranged over basement, ground and first floors and let to eleven bar, restaurant and nightclub operators.

Adjacent to the main Merchant Square, and part of the property demise, is a three storey Georgian style building, converted to office use and accessed from Albion Street. The ground floor of this comprises a pub / restaurant unit, which extends into Merchant Square.


On behalf of the Clydebuilt Limited Partnership, Ediston acquired Merchant Square in January 2015 for a price of £7.0m reflecting a net initial yield of 8.9%.


  • Re-let vacant unit to restaurant operator to provide a fully let property.
  • Created a unit in the basement, which has not been previously occupied, and currently under offer to leisure operator.
  • Commercialising the courtyard space and increasing visibility and marketing of the property to the wider public.