Popular wine centred off licence. Visible and popular trading location in attractive neighbourhood. Affluent locale. Trades with class 1 retail consent and premise licence. Smart and compact shop unit. Well fitted by our client. Ideal as a bolt on business for operator. Would be great fit for an individual operator or partnership team. Attractive fixed property costs – rent £10,000 pa. Rates exempt. Well-presented interior. Ready to trade. Formally traded as a deli and coffee shop (could revert). GIA – 25.30 sq.m.
LEASEHOLD Guide price £45,000.
Pop Wines is located in the affluent and sought-after area of Broomhill. The area is hugely popular and well-off residential neighbourhood to the west of Glasgow City centre. The Broomhill area as well as the Crow Road is well known for its eclectic mix of shops, cafes and restaurants amongst some of the most desirable residentials streets in the city close by. The area is approximately 5 miles west of Glasgow city centre but included in the larger Glasgow West End area. Glasgow’s West End is generally recognised to be one of the affluent areas of the city with a great mix of quality schools as well as some of most expensive residential streets in the west of Scotland. The Crow Road is one of the main arterial roads passing through Broomhill, the trading location of the business offers a highly visible presence in a retail shopping parade.
Pop Wines was opened by our client in late 2019. Despite Covid the business has traded strongly, and the business availability offers a huge opportunity for a motivated buyer or partnership team to take on a turnkey operation in one of the best trading locations in Glasgow. The business is owned by our client and effectively run under management by two part time members of staff. It is strongly felt that the business would benefit from hands on ownership.
Pop Wines trades with the benefit of a premises and class 1 retail consent.
A new 10-year lease was signed in 2019, the passing rent is £10,000 per annum. We are advised that the landlord may look to extend the lease back up to 10 years.
