£45,000

Restaurant for sale

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Leasehold

Offers in region of

£45,000

(£120.32/sq. ft)

Restaurant for sale

150 Queen Margaret Drive, Glasgow G20

374 sq. ft

Local area information

Property location

Nearby amenities

  • St Charles' Primary School 0.2 miles
  • Dunard Primary School & Nursery Class 0.4 miles
  • Gilshochill 1.1 miles
  • Possilpark & Parkhouse 1.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Key Points

  • Class 3 hot food premises
  • Established turnkey business
  • Busy arterial route
  • High standard fit-out
  • Self-employment opportunity
  • Rates exemption potential

  • Description

    The subjects comprise a ground floor Class 3 hot food cafe/takeaway within a mixed use four-storey tenement building of red sandstone construction under a pitched and concrete tile clad roof.

    The property is accessed via a single aluminium framed and glazed door. Internally, the cafe is rectangular in shape with customers table and chairs to the front and serving counter to the rear. Behind the serving counter is the commercial kitchen which, as expected, is fitted out to a professional standard with extract ventilation and a range of stainless steel sink units, utility basins and fitments. A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The walls are covered in stainless steel and PVC splashbacks and the suspended ceiling incorporates LED lighting.

    Location

    Glasgow is the most populous city in Scotland, located on the banks of the River Clyde in west central Scotland. The property is located on the east side of Queen Margaret Drive, close to its junction with Oban Drive, within North Kelvinside. The area is popular with students and young professionals taking advantage of the close proximity to Glasgow Botanic Gardens, the city centre and the West End. The property enjoys excellent public transport connections, with regular bus services passing along Queen Margaret Drive. Nearby occupiers include Tesco Express, Ae Fond Kiss and Boots Pharmacy.

    The Business

    Comet Pieces is an established cafe / takeaway business which enjoys regular all year round trade from customers, such is the trading position. The bespoke menu the current operators offer is reflective of the success of the business and, in turn, benefits from high levels of repeat custom from locals. The business trades Monday to Saturday from 9am to 8pm. The current operators have decided to sell the business due to a change in circumstance, thus creating an exciting self-employment opportunity. Proof of sales will be made available to seriously interested parties post viewing stage.

    Tenure

    The lease is available by way of assignation, for the residual term of the lease, which expires in 2032. The rent currently is £11,000 per annum and increases to £12,000 per annum in 2027.

    Premium

    Offers in the region of £45,000 are sought for our client’s leasehold interest in the property including the goodwill of the business, fixtures and fittings. Stock will be available at valuation.

    EPC

    A copy of the Energy Performance Certificate (EPC) is available upon request.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Kirkstone. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kirkstone for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Glasgow
    4. Queen Margaret Drive