Pizza Hut lease for sale in Hillington Glasgow with a quality fit-out and good transport links
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
646963
- Reference
PizzaHutHillington / Rightbiz
- Call Agent:
- Leasehold: £120,000
- Rent: £22,000 (£1,833 per month)
- Turnover: £22,000 (£423 per week)
- Profit: On request
Key Features
- Operational business with goodwill.
- Positive turnover figures
- Prime trading location
- Professional reputation
Business Details
Established Pizza Hut Lease for sale in Hillington, Glasgow
- Well established retail parade
- Prominent trading location
- Busy thoroughfare
- High standard fit-out
- Turnkey opportunity
- Free car parking
Location
Glasgow is Scotland’s largest city and is situated in the central belt. There are four main motorways which run through the city putting it at the hub of Scotland’s road network. The town sits approximately 50 miles west of Edinburgh and connects the central belt via the M8 motorway network.
The property is located in the Penilee area around 5 miles west of Glasgow city centre. The subject property is situated on the east side of Hillington Road South, close to its junction with Paisley Road West. The property enjoys excellent public transport connections, with regular and bus services passing along Hillington Road South. Crookston trail station takes less than 3 minutes to reach by car. Nearby occupiers include Ladbrokes, Nisa Local Hillington and Boots Pharmacy.
Description
The subjects comprise an end terraced hot food takeaway within a mixed-use building of masonry construction under a pitched and slate tiled roof. The building is arranged over two floors providing retail accommodation on the ground floor and office space on the upper floor.
The takeaway is accessed via a single flush pedestrian door which leads into the customers waiting area. Internally, the space is fitted out to a high standard in corporate branding. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation, conveyor gas fired pizza oven, pizza prep station and a range of stainless steel sink units, utility basins and fitments.
A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is of tile/commercial vinyl, walls covered with splash backs and the suspended grid ceiling incorporates square LED lighting. There are 2 independent walk-in chill/freezer rooms and ancillary accommodation to the rear.
Tenure
The lease is available by way of assignation, for the residual term of the lease, which expires in August 2042. The current rent is £22,000 per annum. The rent is subject to an open market rent review in August 2027 and at 5 yearly intervals. There is a break option in August 2032.
Premium
Offers over £120,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.
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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.
Be safe, use a Rightbiz Solicitor
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