finance

House of Fraser building begins to collapse due to water damage


Internal ceilings and walls of the A-listed House of Fraser building in Glasgow are beginning to collapse due to water damage.

The Scottish Daily Express reported that the Buchanan Street shop has ‘been left to rot’, with billionaire bosses refusing to repair the landmark property.

New images show buckets and bins being used to stop water pouring from holes in internal ceilings and clear signs of damp in the department store.

After visiting the shop, a reporter discovered that a ceiling had collapsed next to designer sunglasses, with a staff member informing our reporter that the issue had persisted for over four months, with it eventually collapsing this week, raising fears of the safety of the building.

The first-floor ceiling collapsed just metres from luxury sunglasses

A staff member speaking about the state of the building last year said: “It’s insane they aren’t dealing with the issues, the place is collapsing and has white mould that has been left to rot and fester.

“The roof on the fourth floor is noticeably falling and the men’s toilet is blocked off because the ceiling has collapsed, they’ve painted over where it’s leaking into the third floor.

“The toilet on level two at lingerie is closed off because that’s where the leak that’s causing the mushrooms is coming from.”

The historic department store's walls appear to be rotting

Bought by Sports Direct tycoon Mike Ashley in 2018, the 350,000 sq ft shop was opened as the very first House of Fraser department store in 1849, under the name Arthur and Fraser.

It is currently an A-listed protected building, which according to Historic Scotland.

Ashley bought the building for £95m from the Strathclyde Pension Fund in a deal concluded in January 2020.

He had previously bought the House of Fraser brand for £90m after it entered administration, owing creditors more than £1bn.

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