• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

company logo

Adding value through developing and investing in UK real estate

  • HOME
  • COMMERCIAL
  • RESIDENTIAL
  • ABOUT
  • NEWS
  • HOME
  • COMMERCIAL
  • RESIDENTIAL
  • ABOUT
  • NEWS
You are here: Home / Industry Update / Dalata Announces Plans for New Clayton Hotel in Glasgow City

Dalata Announces Plans for New Clayton Hotel in Glasgow City

16th November 2017

First Clayton Hotel in Scotland and Ninth Clayton Hotel in the UK

ISE: DHG | LSE: DAL

Artisan St. Enoch Quarter Limited, a subsidiary of Artisan Real Estate Investors Limited has signed an agreement with Dalata Hotel Group plc (“Dalata” or “the Company”) to lease a new Clayton Hotel to be built in Glasgow.
The new hotel will be a 4-star property, ideally located in the centre of Glasgow on the River Clyde, close to Glasgow Central Station and within walking distance of the main shopping thoroughfares and the International Financial Services District. The hotel will have circa 300 air-conditioned bedrooms, a bar, restaurant and conference facilities.

On completion of construction, Dalata will commence operations in the hotel through a 35-year Operating Lease which will be subject to five-year rent reviews linked to the Retail Price Index. It is expected that the hotel will open in Q4 of 2020. The construction of the hotel is subject to the receipt of planning permission from Glasgow City Council.

Clive Wilding, Property Director – Artisan Real Estate Investors commented: “We are pleased to have formed a development partnership with Dalata Hotel Group for this flagship regeneration opportunity providing the chance to restore the forgotten Grade A listed Custom House into a part of the new development. This will complete the bookend of one of Scotland’s most successful retail streets, as well as being within touching distance of the commercial heart of Glasgow. The new hotel forms the key part of a wider mixed-use development, for which the planning process will start shortly, with a view to being on site at the end of 2018 and open for business in 2020”.Dalata already operates seven hotels in the UK, in London (two), Cardiff, Leeds, Birmingham, Belfast and Manchester Airport. A new Clayton hotel is also planned for the centre of Manchester as announced in September. Dalata operates Maldron hotels in Derry and Belfast Airport with two further Maldron hotels under construction in Belfast and Newcastle. Dalata is Ireland’s leading hotel company where it operates 12 Clayton and 12 Maldron hotels.

Dermot Crowley, Deputy CEO – Business Development and Finance, said: “Glasgow is one of the 20 cities that we have announced as a target city for our Clayton and Maldron brands. Glasgow is not only Scotland’s largest city, it is also a city with an exciting mix of large corporate employers, extensive conference and event facilities and leisure attractions. We are very pleased to have secured such a prime location as Clyde Street and look forward to workings with Artisan Real Estate Investors in developing this new Clayton hotel.”

Filed Under: Industry Update, News

Previous Post: « Artisan wins national RICS award for New Waverley development
Next Post: Artisan Agrees Sale of Edinburgh’s New Waverley Office Development to Legal & General New Waverley Edinburgh logo»

Primary Sidebar

Latest News

  • Planning Consent for Two-Nine-Two
  • Canonmills Garden March 2019
  • Canonmills Gardens January 2019
  • Time Lapse Updates
  • Queensberry Acquires First Residential Element Within New Waverley

Categories

  • Developments
  • In the Press
  • Industry Update
  • News
  • Time Lapse
company logo

Call us on +44 1624 653708

Footer

company logo

Contact

Bristol Office:
Desklodge House, Redcliffe Way, Bristol, England, BS1 6NL
Edinburgh Office:
13 Hill Street, Edinburgh, Scotland, EH2 3JP
Isle of Man Office:
3rd Floor St Georges Tower, Hope Street, Douglas, Isle of Man, IM1 1AR

Phone: +44 1624 855 285

E-mail: info@artisanrealestate.co.uk

Site Footer

  • Home
  • Commercial
  • Residential
  • About
  • News
  • Privacy Policy

Copyright © 2021 Artisan Real Estate · All Rights Reserved · Website by Decimus Design

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy