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Authentic Neapolitan pizza and pasta takeaway for sale in Giffnock Glasgow since 2018

Giffnock, East Renfrewshire
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Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 1
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 2
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 3
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 4
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 5
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 6
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 7
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 8
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 9
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 10
Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow Photo 11
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Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in GlasgowEstablished authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow
  • Leasehold: £50,000
  • Rent: £26,000 (£2,167 per month)
  • Turnover: £235,000 (£4,519 per week)
  • Profit: On request

Key Features

  • Established customer base
  • Close to local amenities
  • Viewings by appointment only
  • Takeaway and delivery options

Business Details

Established authentic Neapolitan pizza and pasta takeaway established in 2018 for sale in Glasgow

  • Established Business Sale
  • Southside Location
  • High standard fit-out
  • Turnkey business
  • Established operation
  • Potential to increase sales
  • Self-employment opportunity
  • Free car parking
  • 41.37 sqm (445 sq ft)

 

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 affluent suburb of Giffnock is situated between Newlands and Whitecraigs to the south of Glasgow city centre. The subjects are located just off the busy thoroughfare of Fenwick Road (A77) at its junction with Station Road - within Giffnock’s commercial centre. 

There are good public transport links to the city centre with frequent bus services operating on Fenwick Road. Giffnock Rail Station takes less than a 1 minute walk to reach. Nearby occupiers include Lidl, Giffnock Library, Sainsbury’s Local and Orchard Park Hotel.


Description

The subjects comprise a single storey hot food takeaway which sits under a pitched roof. The property is accessed via a flush glazed door which leads into the customer waiting area. 

The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation 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. A high vault Forni Ceky rotating pizza oven proves a scenic centrepiece within the kitchen.

The floor is of commercial laminate, walls covered with tile and the plaster/paint ceiling incorporates round LED lighting. Ancillary accommodation is provided to the rear. Free car parking is provided adjacent to the property.


The Business

800 Degrees is an authentic Neapolitan pizza and pasta takeaway which was established in 2018.

The business enjoys regular trade from customers, such is the trading position. The business is currently generating c. £5,000 per week in sales and trades 6 days from Tuesday to Sunday from 3pm to 10pm.

The current operator has decided to sell the business due to a change in circumstance, thus creating a desirable opportunity to acquire a profitable business on a truly turnkey leasehold basis. The business benefits from having established JustEat, UberEats, Deliveroo and FoodHub accounts.

We have been advised that all fixtures and fittings are owned outright and included within the goodwill purchase price. Proof of sales will be made available to seriously interested parties post viewing stage.

 

Premium

Offers over £50,000 are sought for our client’s leasehold interest in the property including the goodwill of the business, fixtures, fittings and stock.


Tenancy

The lease is available by way of assignation, for the residual term of the lease, which expires in 2035. The current rent is £26,000 per annum with 5 yearly rent reviews.
 

Rateable Value

According to the Scottish Assessors Association, the subjects have a Rateable Value of £8,700. The occupier may be eligible for rates relief, subject to status.
 

EPC

A copy of the EPC is available upon request.
 

VAT

For the avoidance of doubt, all figures and prices are quoted exclusive of VAT.


 

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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.

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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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