Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Immaculate Restaurant & Bar In Giffnock For Sale

Giffnock, East Renfrewshire, UK
Asking Price:
£125,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

CUTLER Lobster & Steaks is a stunning, fully fitted restaurant located between Shawlands and Giffnock on Fenwick Road. A change in business direction by the current occupier means this fantastic restaurant is now available for sale by assignation.

Offers over £125,000
Rent: £25.5k per annum +VAT
RV: £27k

- Turn-key condition
- 50 cover restaurant & bar
- Full refurbishment carried out in 2021 at £250,000, including the conservatory, full kitchen and extraction with all equipment purchased new at the time.
- Suited to a multitude of cuisines and offerings.
- Sought after location within Giffnock, close to Shawlands.
- Parking adjacent to the business
- Currently trading 5 days, Wednesday-Sunday

Viewings strictly by appointment only due to still trading and staff in place.

Property Information

Property:

Leasehold

Lease Terms:

12.5 years remaining on the lease, landlord will extend if preferred. Rent subject to VAT.

Leasehold Rent:

£25,500 per annum

Location:

1 Fenwick Road, Giffnock, G46 6AU

Premises Details:

The interior of the property benefits from a professional fit-out in early 2021 costing around £250,000. The kitchen was also equipped brand new. A mixture of tables, chairs and booth seating with an attractive conservatory bathed in natural light. The bar is built for purpose and in line with the marine theme.

Size in square feet:
1,200

Business Operation

Reasons for selling:

Restructure of business, owner looking to move premises towards freehold ownership and location change.

Trading hours:

Wednesday-Sunday, 12:00-22:00, 23:30 on Friday & Saturday.

Employees:
10
Years established:
2

Other Information

Financing available:

We have finance brokers in our network should you require funding or advice.

Related Documents: