Spacious Well Established West End Coffee Shop, Glasgow 2704

Leasehold £97,500

This is an excellent opportunity to acquire one of the largest and longest established coffee shops in the West End.

Very spacious 136m2 open plan seating and serving area all on the ground floor with 74 covers inside and permission for a further 40 outside.

Net sales for year to 31 March 2020 £307,000. Good size commercial kitchen with Class 3 hot food consent.

Business, leasehold interest, fixtures & fittings for sale.

Type of business
Established for over 30 years this profitable coffee shop and café is very much a local institution with loyal clientele and good passing trade. The West End enjoys an active café culture with many students and professionals working from home providing a great regular customer base for sit in and takeaway trade.
Tenure
Leasehold. Rent is £65,000 per annum. Lease runs until 2025 with option for further 5 years. Rateable value £47,250.
Premises
Very spacious 136m2 open plan seating and serving area all on the ground floor with space for 74 covers inside and permission for a further 40 outside. Good size commercial kitchen with Class 3 hot food consent. Potential for alcohol licence which would increase turnover.
Financial information
Net sales for year to 31 March 2020 £307,000.