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(REF: 2484)  Busy Restaurant and Take Away in Glasgow
 
Seller Reference: 2484
B4S Reference: 26514
Asking Price: £44,950
Net Profit:
Sales Revenue: £140,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Glasgow City Centre, Glasgow, United Kingdom
  Business Summary   
  Preferred Commercial is pleased to offer for sale this busy restaurant and take away, which was established by our clients in 2011. The business is only now offered to the market due to our clients' wish to re-locate. The premises were recently refurbished and are modern and well-equipped. Our clients provide a popular lunch time and evening meal service, which generates a turnover in the region of £140,000 per annum with a gross profit of 70%. The restaurant is renowned for good service and value and enjoys much repeat trade. Our clients have also established a delivery service to local businesses. We feel the turnover could be further improved by extending the opening hours and expanding the outside catering services as well as introducing a deli sandwhich/coffee business. This is a great opportunity to acquire a profitable restaurant and take away business set in an ideal location. Early negotiations with Preferred Commercial are highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Original length: 10 years
Remaining: 10 years
Review: every 3 years
Rent: £29,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: Mid parade ground floor lock-up restaurant and take away business in a city centre location. Briefly comprising:

Ground Floor
• Sales area with takeaway counter, refrigerated glass display counter, shelving, coffee machine, coffee grinder, potato oven, 3 x soup urns, freezer and storage cupboards
• Office with desk, chair and filing cabinets
• Restaurant with tables and chairs for approximately 30 covers and plasma television
• Kitchen with 2 x griddles, 3 x upright refrigerators, fridge/freezer, 2 x chest freezers, dishwasher, double pizza oven, 2 x small refrigerators, small freezer, 2 x microwave ovens, 2 x induction hobs, steam oven, 6-ring electric hob, Bain Marie, 3 x hot plates, 3 x extraction units, triple sink unit and air conditioning
• 2 x WC with wash basins
• Cleaning storage cupboard
• 2 x store rooms

External
• Glazed frontage onto main street
 
  Location: Scotalia is ideally located in Glasgow city centre. Occupying ground floor lock-up premises, the business is situated on one of the busiest streets in the city and is surrounded by a wide range of city centre shops and offices. The business benefits from a high daily footfall, with a bus stop directly outside the premises and the central railway station within easy walking distance. The premises enjoy easy access to all the city centre amenities and junction 18 of the M8 motorway is less than 1 mile distant. Glasgow is a vibrant city with large shopping centres, four universities within ten miles and is densely populated, being the largest city in Scotland.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  TBA





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