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Traditional Lock-Up Pub in Glasgow City with Huge Potential for Sale

City of Glasgow, Glasgow
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Well preserved traditional lock up pub (ref 1698) Photo 1
Well preserved traditional lock up pub (ref 1698) Photo 2
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Well preserved traditional lock up pub (ref 1698)Well preserved traditional lock up pub (ref 1698)Well preserved traditional lock up pub (ref 1698)Well preserved traditional lock up pub (ref 1698)Well preserved traditional lock up pub (ref 1698)Well preserved traditional lock up pub (ref 1698)
  • Freehold: £470,000
  • Turnover: On request
  • Net Profit: On request

Business Details

Well preserved traditional lock up pub (ref 1698)

Island bar with public bar and lounge area. Prominent trading location on Maryhill Road. 100% wet sales. Run under management. Would suit hands on owners or “investor” purchase. Huge scope for hands on ownership. Advised barrelage circa 300 per annum.

FREEHOLD Guide price £470,000.

 

Harvey’s occupies a very prominent trading location on Maryhill Road (A81) at the corner of Maryhill Road and Lochburn Road. This area of Glasgow lies to the Northwest of Glasgow city centre and is a densely populated residential and commercial neighbourhood. Maryhill Road is one of the busiest arterial roads leading out of the west end of Glasgow city centre.

The property occupies a spacious end terrace double shop unit at the end of a very busy commercial parade. The bar has capacity for 120 and is dominated by an attractive bar and gantry which can be accessed by customers on three sides. A flight of stairs leads to a small, elevated lounge area at the rear of the main bar. There is a separate door to the lounge area at the side of the property.

Harvey’s has been in our clients’ hands since 2018, during this time the business has been fully run under management by a steady and competent management team. The business is run by a manageress as well as 2 additional full-time members of staff and 4 part time. The business trades on a wet sales only basis, open 7 days a week, serving the local community and passing visitors.

The pub is well known for live sport including football and horse racing and is fully equipped with satellite television.

The business would certainly benefit from hands on ownership but equally would represent a good investment purchase with a stable management team in place.

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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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