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£60,000

Bothwell Street, Glasgow, G2

  • 0 beds
Other

£60,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£274 per month

Minimum deposit amount:

£3,000
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This prime restaurant space, formerly home to Wolf Italian Street Food, is now available for lease in the bustling heart of Glasgow's City Centre. Situated on Bothwell Street, this location is ideal for attracting both local residents and tourists, with excellent connectivity to major transport links, including the M8 motorway, subway, and bus routes.

Key Features:

Size: The property spans a total area of 192 square meters, with a main dining area of approximately 95 square meters.

Equipment: The restaurant is fully equipped with hot and cold counters, fridges, a service area, ovens, and drink fridges, complemented by a large, fully equipped kitchen designed for high-volume operations.

Seating Options: The dining area includes a variety of seating options, such as bar-style seating and traditional tables and chairs, catering to diverse customer preferences.

Visibility and Accessibility: With substantial street frontage, the restaurant enjoys high visibility and attracts significant foot traffic, especially from nearby office workers.

Potential for Expansion: A large, versatile room offers a blank canvas for expanding operations or creating a unique dining experience.

Business Potential:

High Foot Traffic: Located in a hub for major companies, including PwC and JPMorgan Chase, the area experiences high foot traffic from office workers, providing a steady stream of potential customers.

Dynamic Environment: The lively environment of Glasgow's City Centre, combined with a population of over 635,100, creates a dynamic setting perfect for business.

Customer Base: The restaurant previously catered to professionals in the city's financial and services districts, achieving weekly sales between £3,000 and £5,000.

Additional Information:

Operating Hours: Previously operated from 8:00 AM to 3:00 PM, targeting the busy workday crowd.

Licensing: The restaurant did not have an alcohol license, presenting an opportunity for new operators to explore this avenue.

Facilities: Includes a single WC for customer convenience and a rear fire exit that provides access to the bin storage area, ensuring efficient waste management.

This property presents a rare opportunity for culinary entrepreneurs to establish or expand a venture in a bustling and highly visible location. With its strategic position amidst numerous offices and businesses, it is a convenient choice for workers seeking a quick, flavourful meal. The combination of location, equipment, and potential for growth makes this an exceptional opportunity in Glasgow's vibrant market.



Lease Terms
The property is available on a new full repairing and insuring lease of negotiable length.


Tenure
The business is being sold on a leasehold basis.

Rateable Value
The property is currently entered in the Valuation Roll at ?44,500.

100% rates remission may be available to qualifying occupiers under the Small Business Bonus Scheme.

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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