1021/131014, Profitable Indian Restaurant For Sale

1021 Cathcart Road, West of Scotland, Scotland , Glasgow, G42 9XJ

About the property

Our clients have owned and operated the business for the last 9 years and developed it into a successful Indian restaurant with a good reputation.

Although the business is trading well there is scope to increase sales and profits with additional local, online advertising and targeting customers travelling to Hampden Park for concerts & football matches.

Our clients are selling the business due to retirement.

Turnover

£5,000

Net Profit

Undisclosed

Internal Details

The restaurant is well designed and recently refurbished to a very high standard. There is seating for 80 with a mixture of tables and booths. There is a feature bar in the middle of the restaurant, ladies & gents toilets and a full commercial kitchen and storage area to the rear.

The property extends to a Net Internal Area of approximately 1745sq ft, all on the ground floor.

Location

The business is located on Cathcart Road, a main road in the south side of Glasgow within a well established trading area. There is ample on street parking for customers and deliveries.
The business benefits from Hampden Park and Victoria Hospital. Other nearby occupiers include Apple pharmacy, café, Londis, Spar, Tesco, Greggs and many more local retailers.

Business Hours

Sun to Wed: 4pm – 11pm
Thu to Sat: 12 – 12

Legal Fees

Each party will be responsible for their own legal costs incurred in the transaction.

Financial Information

Turnover: £5,000 per week
Profit: Undisclosed

Tenure

A new FRI lease available with rental set at £20,000 per annum.
Freehold price: £275,000

Business Rates

The property is entered in the current Valuation Roll as having a Rateable Value of £11,800.
Subject to qualification, it is assumed that a new tenant would be eligible for 50% Small Business Rates Relief.

Viewing & Further Information

Strictly by contacting the sole agents:-

Jindy Aujla
Clyde Business Sales
McCormick House
50 Darnley Street
Glasgow
G41 2SE

0141 387 2188
0788 760 4449
Email: jindy@clydecommercial.com

Map & Directions

Additional Information

Ref #: 1021/131014
Location: 1021 Cathcart Road, West of Scotland, Scotland , Glasgow, G42 9XJ
Property type: Freehold
Total viewing: 2107
Parking: £275,000
Property document

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Contact details

Name Jindy Aujla
Address 50 Darnley Street Pollokshields Glasgow - G41 2SE
State/Province Scotland
Country United Kingdom
Phone:
0141 387 2188
Mobile:
0788 760 4449