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City Centre Cafe Bar And Function Room For Sale

Glasgow, Glasgow City
Asking Price:
£160,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£520
Net Profit:
Under £50K

New 25 year lease available. Currently 22 years to run with existing lease Centrally based close to George Square. 3am license currently only utilised until 2am Friday/ Saturday. Excellent bar food operation until 8pm (see trip adviser) Current operator been here 19yrs. Street Cafe Permission Granted. Basement private function room capacity 100. Total area licenced for 200

Further information available upon request, please contact seller below for more details.

Property information

Property:

Leasehold

Lease Terms:

New 25 yr. Lease

Leasehold Rent:

£49,500 per annum

Location:

City Centre close to George Square G1

Premises Details:

Ground Floor and Basement Bar. Good Standard of Fixtures and Fittings

Business Operation

Reasons for selling:

Retirement

Trading hours:

11-3am ( currently till 1/2am Friday, Saturday. Mid-week till 11pm)

Employees:
14
Years established:
19yrs as current business

Other Information

Furniture / Fixtures value:
£30,000 - included in the asking price
Inventory / Stock value:
£7,000 - included in the asking price
Website:
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