McLellan Works, a fully refurbished mixed-use development in Glasgow city centre, has been brought to the market by global real estate advisor CBRE, acting on behalf of Bywater.

Located at 274 Sauchiehall Street, the opportunity invites offers in excess of £11.47 million. The building extends to 44,240 sq ft and offers investors a chance to acquire a prime asset in a rapidly transforming commercial and retail district.

The property has undergone a comprehensive refurbishment and renovation, transforming it into a modern, fully electrified premises that boasts market-leading sustainability credentials. The internal configuration provides retail and leisure space across the basement and ground floor, with excellent frontage onto Sauchiehall Street. Above this, the upper three floors are dedicated to office accommodation. The building also features convenient amenities such as basement car parking and bike storage facilities.

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McLellan Works benefits from a strong and diverse tenant line-up, including occupiers such as CALA Homes (West), Spencer Ogden, Telus Health, Black Sheep Coffee, and the British Heart Foundation, alongside popular local independent operators. Positioned centrally on Sauchiehall Street, the location offers excellent transport connectivity, with Queen Street Station, Central Station, and Buchanan Bus Station all within a 10-minute walk. Furthermore, the surrounding area is benefiting from significant investment, including the recently completed £5.7m pedestrianisation of Sauchiehall Street, which enhances safety and accessibility directly outside the property.

Commenting on the instruction, Andrew Shiells, Senior Director, CBRE Capital Markets Scotland, said: "McLellan Works represents a rare opportunity to acquire a modernised, design-led building in one of Glasgow's most dynamic locations. With its strong tenant line-up, excellent sustainability credentials and secure income profile, it offers investors attractive initial returns with potential for future growth in a city that continues to demonstrate robust occupier demand."

Patrick O'Gorman, CEO of Bywater, added: "McLellan Works represents everything we stand for at Bywater; creative reuse, community impact and future-facing design. Sauchiehall Street is undergoing a remarkable transformation, and we're proud to have played a role in bringing this iconic building back to life. With its strong tenant mix, low-carbon design and vibrant location, McLellan Works is a standout investment opportunity in one of the UK's most exciting cities."