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Sublease Highlights

  • Prime Merchant City leisure location
  • Strong nighttime economy
  • Attractive long-term leasing opportunity
  • High-density surrounding developments including £300m Candleriggs Quarter
  • Established hospitality cluster within Merchant Square

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Type
  • Basement
  • 8,606 SF
  • Feb 2033
  • $6.15 /SF/YR $0.51 /SF/MO $52,964 /YR $4,414 /MO
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

The premises offer a fully fitted entertainment space within Merchant Square, previously home to the One Under Golf concept. With extensive open-plan trading areas, bar infrastructure, dedicated access, and supporting back-of-house facilities, the space provides an exceptional turnkey opportunity for competitive socialising, late-night venue use, or alternative leisure concepts.

  • Use Class: Sui Generis
  • Sublease space available from current tenant
  • Fully Built-Out as a Drinking Establishment
  • Located in-line with other retail
  • Basement
  • Smoke Detector
  • High footfall Merchant City location
  • Ideal for social gaming, bar, nightlife or gym
  • Long-term lease available
Space Size Term Rental Rate Rent Type
Basement 8,606 SF Feb 2033 $6.15 /SF/YR $0.51 /SF/MO $52,964 /YR $4,414 /MO TBD

Basement

Size
8,606 SF
Term
Feb 2033
Rental Rate
$6.15 /SF/YR $0.51 /SF/MO $52,964 /YR $4,414 /MO
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

The premises offer a fully fitted entertainment space within Merchant Square, previously home to the One Under Golf concept. With extensive open-plan trading areas, bar infrastructure, dedicated access, and supporting back-of-house facilities, the space provides an exceptional turnkey opportunity for competitive socialising, late-night venue use, or alternative leisure concepts.

  • Use Class: Sui Generis
  • Sublease space available from current tenant
  • Fully Built-Out as a Drinking Establishment
  • Located in-line with other retail
  • Basement
  • Smoke Detector
  • High footfall Merchant City location
  • Ideal for social gaming, bar, nightlife or gym
  • Long-term lease available

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

Select Tenants at Merchant Square

  • Tenant
  • Description
  • UK Locations
  • Reach
  • Bar Soba
  • Retailer
  • 3
  • National
  • Escape Reality
  • Arts, Entertainment, and Recreation
  • 1
  • Local
  • Metropolitan
  • Real Estate
  • 3
  • Local
  • Montery Jack's
  • Cocktail Bar
  • 1
  • -
  • O'Neill's
  • Other Retail
  • 41
  • National
  • Sano
  • -
  • 1
  • -
Tenant Description UK Locations Reach
Bar Soba Retailer 3 National
Escape Reality Arts, Entertainment, and Recreation 1 Local
Metropolitan Real Estate 3 Local
Montery Jack's Cocktail Bar 1 -
O'Neill's Other Retail 41 National
Sano - 1 -

Property Facts

Total Space Available 8,606 SF
Property Type Retail
Property Subtype Bar
Gross Leasable Area 61,233 SF
Year Built/Renovated 1886/1999

About the Property

Merchant Square is a well-established leisure destination forming part of Glasgow’s Old Fruit Market. The venue is surrounded by successful hospitality operators and benefits from high footfall driven by dining, nightlife, and nearby university and mixed-use developments. The former One Under unit sits in a prime basement position with direct access from Albion Street, offering an expansive fitted space suitable for multiple leisure uses.

  • Security System
  • Storage Space

Nearby Major Retailers

9Round
Sainsbury's
Tempo
Spar
Starbucks
Costa Coffee
Caffè Nero
Nespresso
Barclays
Eurochange
  • Listing ID: 39968850

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 68 Albion St, Glasgow G1 1NY

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