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Recently refurbished fully licensed West End Restaurant with Class 3 Consent in a strategic location

Partick, Glasgow
Leasehold Price:
£40,000
Status
FOR SALE
Advert ID
235838

We are pleased to offer for sale a fully licensed restaurant with Class three consent and a large kitchen set within Glasgow's West End. The 22 cover restaurant, with space for expansion to 28 covers, has recently undergone a significant refurbishment and boasts a loyal customer base. It is situated within an area of ongoing redevelopment, with other restaurants, shops, and luxury homes, having opened in the area in the last 12 months. The high footfall location is in close proximity to Partick Station, and benefits from events held at the SSE Hydro campus. It is also within walking distance of the £100m redevelopment of the Glasgow Waterfront. Depsite the excellent location, rental costs are low, and business rates exempt.

 

The restaurant has an established dinner trade and a growing trade in evening drinks and cocktails. The new owner would be able to see expansion within the lunch and brunch market should this suit their vision, with some similar outlets reporting excellent trade in the area. The restaurant currently runs with two full time and five part-time members of staff.

 

The kitchen is unusually large for a restaurant of this size, and permits the running of a separate delivery service alongside the normal service and is used for outside catering jobs. Equally, unusually for the size of the site, there are two restrooms. The sale comes with a valuable inventory of equipment.

 

The restaurant is offered for sale due to relocation of the owners. However, a transition period for the future owners can be arranged should this be required.

Listing Details
Leasehold Price: £40,000
Tenure: Leasehold
Location: Partick, Glasgow
Sector: Restaurants, Bars, Catering Businesses
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • Small Business
  • Close to Local Amenities
  • New Lease
  • Prime Location
  • Price Reduced
  • Adjacent to Multiple Retailers
  • Offers Invited
  • Fully Fitted
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