The hotel is positioned on a corner site at 139-141 West George Street in the city and is a six storey, listed building with 91 bedrooms, restaurant, bar, meeting rooms and fitness room.

The property also includes two restaurant units leased to third party operators.

The Address Collective, which is owned by Brian and Ciara McGettigan, was advised by property advisor Savills Ireland on the deal.

The group also owns the 278 bedroomed The Address Hotel, Connolly in Dublin 1, the Address Hotel, Citywest in Co Dublin – which has 129 bedrooms – and the Address Hotel in Cork, which has 70 bedrooms.

Brian and Ciara McGettigan, pictured above, owners of the Address Collective, said today’s purchase demonstrates the group’s appetite to grow the Address Collective Brand.

“We have plans to create a bespoke product that will enhance Glasgow’s hotel offering. The building lends itself to a truly boutique hotel and we look forward to the launch of The Address Hotel Glasgow,” they added.