Avant Garde Music Bar & Restaurant for rent in Glasgow's Merchant City
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
640794
- Reference
337715 / Rightbiz
- Call Agent:
- Leasehold: £150,000
- Rent: £27,000 (£2,250 per month)
- Turnover: On request
- Profit: On request
Key Features
Business Details
Glasgow City Centre Music Bar & Restaurant
Well known Live Music Bar & Restaurant in Glasgow's Merchant City.
Avant Garde Music Bar & Restaurant is a distinguished venue with a rich history, renowned as a premier destination for live music, dining, and social gatherings with a lot of regular customers. With a capacity of over 300 for live music events, it seamlessly combines a vibrant music venue with a stylish restaurant, creating an inviting space for a broad clientele. Its key features include a substantial 200-250 MAT barrelage, ensuring consistent turnover and profitability.
The premises features a sizeable basement space equal to that on the ground floor. This could be expanded upon as usable space for a new operator should they wish.
Situated in Glasgow's Merchant City, Avant Garde is placed on a substantial corner location. Close to the Tron Theatre, Gallowgate and Glasgow Green. This impressive corner site boasts a highly visible and accessible position, making it a magnet for locals and visitors alike. Known for its lively atmosphere and rich history, Glasgow’s King Street is renowned for its mix of retail, entertainment, and hospitality venues.
- Live Music Venue with 300 License capacity.
- 60 capacity private function space
- £27,000 Annual Rent
- Low Rates payable
- Consistent turnover
- Trades Wednesday-Sunday
- 200 MAT Barrelage
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Listing Statistics
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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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