£225,000

Restaurant for sale

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Just added

Offers over

£225,000

(£327.99/sq. ft)

Restaurant for sale

Dumbarton Road, Glasgow G11

686 sq. ft

Local area information

Property location

Nearby amenities

  • Notre Dame Primary School 0.3 miles
  • Partick 0.4 miles
  • Hyndland Primary School 0.5 miles
  • Riverside Museum (Glasgow) Ferry Landing 0.5 miles

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

Features and description

  • Successful Trading Location
  • Strong Tenant Demand
  • Well-presented Unit
  • Licensed Restaurant Consent
The property comprises a well-appointed licensed restaurant with a tri-folding glazed frontage. The property presents in good order with limited investment required to re-establish a food related business.

Location

The property is situated at Partick Cross in a popular commercial location close to the University of Glasgow and Glasgow Art Gallery and Museum. The area is also heavily populated by university halls of residence driving footfall and business opportunities.

Accommodation

The accommodation comprises a well-proportioned seating area, bar servery, ladies and gents toilets and kitchen.

Floor Area

We calculate the net internal floor area of the property at 63.75 sq m (686 sq ft).

Rateable Value

According to the Scottish Assessor's website () the subjects have a Rateable Value of £18,700 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound.

Energy Performance Certificate

EPC Rating – D

Planning

The property obtained planning permission for Licensed Restaurant use in 1996.

Price

Our client is seeking offers in excess of £225,000 for their heritable interest.

Offers

In the normal Scottish form addressed to this office.

Acquisition Costs

Each party shall be responsible for their own legal costs incurred in connection with the eventual purchaser liable for any Land and Buildings Transaction Tax (LBTT) and VAT thereon.

Date Of Entry

To be mutually agreed.

Anti-Money Laundering

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/ occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Allied Surveyors Scotland. 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 Allied Surveyors Scotland for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Glasgow
  4. Dumbarton Road