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French Vegan Bakery In The Merchant City, Glasgow For Sale

Glasgow City, UK
Asking Price:
£49,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
Undisclosed

A great opportunity to acquire a relatively new and popular Bakery within Glasgow's popular Merchant City district - TheDorkyFrench Vegan Bakery on Parnie Street, a thriving retail and residential trading location.
The business is perhaps an ideal add-on for an existing operator or first time baker or cafe/barista operator from within or outside the Glasgow area looking for a contemporary space readied and operational with minimum outlay.

Property Information

Property:

Leasehold

Lease Terms:

Residue of a Glasgow City Council Lease from May 2023 through to May 2028 with an option to extend a further 5 years to 2033.

Leasehold Rent:

£11,400 per annum

Location:

The business is on Parnie Street (opposite the Tron Theatre) in the Merchant City, Glasgow and is a thriving retail, licensed and residential base popular with many students attending the nearby University Campuses.

Premises Details:

The business premises occupy ground floor and basement of a 4-storey traditional tenement building in a mid-terraced position. Enjoying a glazed double frontage with hand painted signage.

Energy Performance Rating:
D

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

A great brand which could expanded upon.

Competition / Market:

No real competition, just complementary businesses drawing more custom to the area.

Trading hours:

4 days a week - Thursday to Sunday 8am - 3pm (4pm on a Sunday) - Closed Mon-Wed.

Years established:
2.5 years