Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Restaurant In Sought After Trading Location (ref 1353) For Sale

Finnieston, Glasgow City, UK
Asking Price:
£80,000
Turnover:
Available on request
Net Profit:
Available on request

Excellent restaurant opportunity. Superbly equipped premises (60 + Covers). Excellent restaurant opportunity. Full Class 3 consent. High quality, recent fit out over ground floor and mezzanine. Located in arguably one of the best trading locations in Glasgow. Pavement licence for 10 covers. Rent £35,000 per annum. Leasehold business premium guide price £80,000.

Pellegrini Restaurant occupies and highly visible trading location in the ever popular Finnieston area of Glasgow city centre. In the last 5 years or so, Finnieston has become an epi centre for high end bars, restaurants and coffee shops, challenging the established trading areas in other parts of the city centre.

Pellegrini is a popular family run Italian restaurant trading from superbly fitted premises. The business was opened in 2012, trading as Panevino for 7 years, and was recently rebranded to Pellegrini in 2019. The business is reluctantly being placed on the market in order that our clients can concentrate on their other business commitments in England. The restaurant operates an all-encompassing Italian menu with excellent feedback on TripAdvisor.

The business layout would lend itself well to wide variety of trading styles and international cuisines.

The business is offered by way of a lease assignation and turn key operation with all equipment, fixtures and fittings.

The current rent is £35,000 plus VAT and there are 11 years left on the current lease. The leasehold assignation will be subject to landlord consent.

Property Information

Property:

Leasehold

Location:

Pellegrini Restaurant occupies and highly visible trading location in the ever popular Finnieston area of Glasgow city centre. In the last 5 years or so, Finnieston has become an epi centre for high end bars, restaurants and coffee shops, challenging the established trading areas in other parts of the city centre.

Premises Details:

The property occupies the ground floor and mezzanine of mid terraced unit in new mixed use commercial property. This is a well presented modern building with commercial units on the ground floor and residential above.

Other Information

Related Documents:

Contact Cornerstone Business Sales and Valuations

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here