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Highly Profitable Bar, Restaurant, Function Venue in Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
£200,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
£100K - £250K

Saint Jude's is a well-established and highly recognisable Glasgow hospitality venue, offering a stylish blend of bar, restaurant and late-night entertainment space across a substantial city centre premises.

Offers Over £200,000

The business combines a contemporary yet characterful fit-out with versatile trading areas suited to daytime dining, evening drinks, private events and late-night trade. Its diverse offering includes quality food service, a strong cocktail and drinks proposition, function and event hire facilities, and an established nightclub element, allowing operators to benefit from multiple revenue streams throughout the week. The property is presented in strong operational condition, offering a turnkey opportunity for a proven hospitality venue within Glasgow’s competitive leisure market.

  • Turnover £750,000 NET of VAT with over 75% GP
  • Trading Friday-Sunday, 3:00 AM Licence
  • EBITDA £120,000 per annum
  • Annual rent £75,000 +VAT
  • Multiple function spaces suitable for 15-150+ capacity each

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

16 years remaining on the current FRI lease, VAT applicable

Leasehold Rent:

£75,000 per annum

Location:

Situated on the ever-popular Bath Street in the heart of Glasgow city centre, Saint Judes benefits from a prime trading location within one of the city’s busiest hospitality and nightlife destinations. The surrounding area is home to a dense mix of offices, hotels, retail, student accommodation and residential developments, generating strong levels of footfall across both weekday and weekend trade. Its proximity to major transport links further enhances accessibility for customers, while the area’s established reputation for bars, restaurants and entertainment venues makes it an ideal setting for a multi-faceted hospitality business.

Premises Details:

Set over four floors. Ground floor restaurant and bar, 1st and 2nd floor function space/private bars, basement level nightclub venue.

Size in square feet:
6,000

Business Operation

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

Trading Friday-Sunday, huge scope to expand across 7 days with the right offering.

Reasons for selling:

non-core business currently

Trading hours:

3 days, Friday-Sunday

Years established:
13

Other Information

Related Documents: