The Spires, operators of serviced suites in Aberdeen, Birmingham and Glasgow, is developing its business with the acquisition of new purpose-built premises in Glasgow at a more central location.

The Spires Glasgow will relocate to Glassford Street on June 21, 2010. Just five minutes walk from Queen Street station and two minutes from George Square, the new premises will increase the number of suites the company offers in the city.

The new building will have 25 suites, two more than in the current premises, including one and two-bedroom, two-bedroom deluxe and Director’s Suites. There are also two three-bedroom penthouse suites, that will enjoy a rooftop view over Glasgow city centre. This is the first time The Spires has offered suites of that size and standard of accommodation.

Currently in shared premises in Bothwell Street, The Spires first opened in Glasgow 2003.

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Commenting on the move, Margaret Beattie, Managing Director of The Spires, said: “The main benefit is that we shall be the sole occupant in what are modern purpose-built premises. That means we are able to fit out the building the way we want it. I think our guests will be delighted by what we will have to offer at the new Spires Glasgow.

“All the new suites offer ample space for between one and six guests, with separate living room and fully-fitted kitchen, bathrooms and bedrooms. All have an en-suite bathroom in the master bedroom, even in the one bedroom flats.

“The space and quality of the new Spires Glasgow is epitomised by the two luxury penthouse suites. They really do provide the ultimate accommodation, with three-bedrooms and four bathrooms, in addition to the living and kitchen dining area. As an added bonus they have a great view over the city centre

“Glasgow is a really vibrant city with a excellent shopping and entertainment, a strong business community and a great heritage. We believe our new location, in the heart of the Merchant City, is perfect to let our guests make the most of their time in the city and we are confident it will prove a popular move.”

The Spires has agreed a lease on the new premises from West Register (Property Investments) Limited for a period of five years, with an option to purchase at the end of the lease. Over the five years, the deal is valued at £1.1 million.

Established in 1995, The Spires has a total of 105 serviced suites at its three locations in Aberdeen, Birmingham and Glasgow. The company plans to expand from its current three locations to provide serviced apartments in the major centres around the UK.

(GK)