Fantastic Restaurant & Bar Opportunity, Glasgow City Centre For Sale

Glasgow, Glasgow City, UK

Freehold Price:: Undisclosed

Leasehold:: £65,000

Turnover:: Undisclosed

Net Profit:: Undisclosed

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Well-established, award-winning restaurant & bar opportunity
Prime city centre trading position
Designed and fitted to a high standard
Circa 44 covers plus bar seating & outside terrace area
Within busy licensed and commercial area.
Would suit a variety of restaurant and bar concepts
Fresh lease available. Freehold offers considered

Property Information

Property:: Available as freehold and leasehold

Leasehold Type:: New

Lease Terms:: Our client is willing to offer a fresh, full repairing and insuring (FRI) lease of negotiable terms and duration and is seeking initial rental offers in excess of £36,000 per annum.
Freehold offers may be considered.

Leasehold Rent:: £36,000 per annum

Location:

The subjects benefit from a prominent trading position in the heart of Glasgow City Centre.

The subjects are in the middle of one of the busiest commercial areas of the city with a high volume of offices, businesses, hotels, restaurants and bars in close proximity, ensuring the area is busy both day and night.

The subjects benefit from a number of nearby hotels including Kimpton Blythswood Square, Dakota, Malmaison, Hilton, Grand Central, Hampton by Hilton and the Park inn by Radisson to name a few. The subjects are only a short walk from Buchanan Street, the city’s main pedestrianised, high-end, retail thoroughfare, as well as both Queen Street and Glasgow Central Railway Stations.

Nearby attractions include the Mitchell Library, Cineworld Cinema, Kings Theatre, Pavillion Theatre and the Theatre Royal.

Glasgow is located in the West of Scotland, 40 miles west of Edinburgh. It is the 4th largest city in the UK and the largest in Scotland, with a population of circa 600,000, however there are around 1.2 million people in the Greater Glasgow urban area.

Glasgow attracts high levels of tourism each year, with a huge number of attractions and amenities including the Kelvingrove Museum & Art Gallery, The Riverside Museum, The Botanic Gardens and Glasgow Science Centre to name a few. The city is a cultural hub, with a number of theatres and concert venues including the Hydro, which regularly plays host to many of the biggest concerts and live shows.