Thriving Public House in Glasgow For Sale in Glasgow City Centre- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale this thriving public house, which was established in 1978 and which has been in our client's careful hands since 2006. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £412,000 per annum with a gross profit 50%, derived from wet sales only. We feel the turnover could be further increased by introducing lunch and evening meals and perhaps by embarking on a modest marketing campaign. The business has an enviable reputation and is well-supported by the local community. The pub enjoys a high turnover with low overheads and is in a walk-in-and-trade condition. The premises are well-equipped to suit the trade with a large open plan bar area with a range of seating and a commercial kitchen. This is an ideal opportunity to acquire an already busy public house with scope future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property Information

	Property:	Leasehold

	Lease Terms:	Leasehold Remaining: 19 years Review: every 5 years Rent: £42,000 per annum

	Current Rent:	£42,000 per annum

	Living Accommodation:	Yes

	Details of Accommodation:	Substantial semi-detached ground floor lock-up public house premises with private parking. Briefly comprising: Ground Floor • Bar area with 9 points of dispense and a range of tables and chairs • Commercial kitchen • Office/beer cellar External • Parking facilities

	Location:	Florida Park occupies substantial lock-up premises, ideally located on a busy road in a densely populated residential area of Glasgow. The business benefits from ample private parking and is surrounded by numerous residential properties, as well as a wealth of complementary shops and businesses. There is a high footfall and much passing trade. There are bus stops outside the premises and the railway station is within easy walking distance. The business boasts a prominent trading position close to Hampden Park, which is Scotland's national football stadium. Glasgow is the largest city in Scotland and is popular with tourists, boasting many attractions including the Lighthouse, Gallery of Modern Art and Glasgow Science Centre. The city is also one of Europe's top financial centres and is a highly desirable place in which to live and work. The business boasts easy access to the A-road network and the M77 is 2.5 miles away. The city centre lies 3 miles to the north, while Paisley is approximately 6 miles away.

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

Mon - Sun: 11:00am to 12:00am

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