Restaurants for sale in Glasgow City

View the "Busy and Popular 70 Cover Glasgow City Centre Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Busy and Popular 70 Cover Glasgow City Centre Restaurant

Glasgow City, Scotland

  • Leasehold Price: £39,995
Seller Reference: 1514
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Business Description
 
 
 
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Seller Reference: 1514
Request Details
Business Description
Central Business Sales is delighted to offer to the market a well established 70 cover city restaurant in excellent condition. The restaurant is located on Union Street, in the centre of Glasgow, which offers a very high footfall and passing trade. The owner currently runs the business as a Chinese restaurant but a new owner can offer any other type of cuisine.

The business attracts a lot of repeat trade and is extremely busy at the weekend. The lunch menu is also very popular with a number of special menus and dishes. There is potential to expand on deliveries and the takeaway side of the business.

The premises are in great condition and are approximately 170m². The dining space is on the first floor with the open plan seating for 70 covers. There is a serving area and a large fully equipped kitchen with all equipment, fixtures and fittings included in the sale. Storage space and an office area are located on the second floor.

The business is being offered on a leasehold basis with rent £15,000 per annum with 8 years left on the current lease. 100% rates relief applies under the Small Business Bonus Scheme. The restaurant is currently open 12:00-23:00 seven days a week.

***PLEASE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT MAKE A DIRECT APPROACH TO THE OWNER OF THE BUSINESS OR ANY STAFF MEMBERS***
Tenure:
Leasehold
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