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Fully Fitted Restaurant & Takeaway for Sale in East Kilbride's Popular Village Area

East Kilbride, South Lanarkshire
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Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride Photo 1
Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride Photo 2
Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride Photo 3
Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride Photo 4
Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride Photo 5
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Fully fitted restaurant & takeaway opportunity within the popular Village area of East KilbrideFully fitted restaurant & takeaway opportunity within the popular Village area of East KilbrideFully fitted restaurant & takeaway opportunity within the popular Village area of East KilbrideFully fitted restaurant & takeaway opportunity within the popular Village area of East KilbrideFully fitted restaurant & takeaway opportunity within the popular Village area of East KilbrideFully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride
  • Status

    FOR SALE

  • Date Submitted:

    01/05/24

  • Advert ID

    610631

  • Reference

    East Kilbride Restaurant Opportunity / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £35,000
  • Rent: £17,750
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride

Restaurant Opportunity

3a Hunter Street, East Kilbride, G74 4LZ

·         Fully fitted restaurant & takeaway opportunity (52 covers)

·         Situated within the historic ‘Village area’ of East Kilbride

·         Prominent trading position within busy licensed circuit

·         Surrounding operators include the Montgomery Arms, Village Inn, Oishi, Zucca and the Torrance Hotel

·         Nearby amenities include Village Theatre, Shopping Centre, Odeon Luxe cinema & ice rink

·         Large car park adjacent & short walk to East Kilbride railway station

·         Easily adapted to suit a variety of cuisine styles

LOCATION

The subjects benefit from an extremely prominent trading position on Hunter Street, close to its junction with Main Street, within the historic Village area of East Kilbride, in South Lanarkshire, Scotland.

The Village is the original and oldest part of East Kilbride dating back to the 17th century, long before East Kilbride became a thriving New Town in the mid-20th century, with a population of over 80,000 people which is growing all the time with lots of new residential developments in the town.

The Village is the real hub of the town and is the main eating & drinking circuit, with a wide range of bars, restaurants, takeaways & cafes.  Surrounding operators include the Montgomery Arms, the Village Inn, Tinto, Oishi, Arigo, Barocco, Bond, Zucca and the Torrance Hotel.

The subjects benefit from a number of nearby amenities & attractions including the Village Theatre, the Town Centre with large indoor shopping centre, Odeon Luxe cinema, ice rink, Playsport and Calderglen Country Park to name a few.

The subjects benefit from a number of surrounding car parks & on street parking, regular bus services, as well as being a short walk from East Kilbride railway station.

THE PROPERTY

The subjects comprise part ground floor and 1st floor of this single storey property to the front under a pitched slate roof, with a 2-storey extension to the rear under a flat roof.

DESCRIPTION

The subjects are accessed directly from Hunter Street via an entrance vestibule which leads into the main restaurant area, with a small takeaway waiting area to the front.  There is also access from the rear which leads directly to a large car park.  The restaurant has been designed and fitted to a good standard.

The restaurant is laid out on an open plan basis with seating for approximately 52 customers by way of fixed comfy banquet seating, loose tables and chairs.

There is a fully equipped bar servery to the rear of the premises which is home to undercounter bottle fridges, freezer, glass wash, coffee machine, ice machine and till system.

ANCILLARY AREAS

To the rear of the dining area there is a fully equipped commercial kitchen with a separate dishwash area. There is a disabled toilet on ground level, and then on the first floor you will find male & female toilets, cleaner’s cupboard and 2 large storerooms with fridges and freezers.

SIZE

We understand the premises have the following approximate areas:

Ground: 110 SqM (1,189 SqFt)

First: 34 SqM (367 SqFt)

Total: 144 SqM (1,556 SqFt)

THE BUSINESS/OPPORTUNITY

Our clients have operated their business The Wee Gurkha Curry House successfully from these premises for the last 10 years and are only selling as they are relocating to larger premises out with the town.

This presents a great opportunity for a new owner operator to take over these fully fitted restaurant & takeaway premises which can easily be adapted to suit a variety of cuisine styles.

FIXTURES AND FITTINGS

We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.

BUSINESS RATES

The subjects are entered into the current valuation roll as having a rateable value of £13,300.

LICENSES

The business trades with the benefit of a premises licence

TENURE

The subjects are currently held on an original 20-year lease expiring in August 2033, with a current passing rental of £17,750 per annum, subject to 3-yearly reviews.

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Particulars / More Information

Contact the seller for more details, or book a viewing

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Fully fitted restaurant & takeaway opportunity within the popular Village area of East Kilbride - East Kilbride Restaurant Opportunity / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.