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Offers in region of

£75,000

(£138.38/sq. ft)

Restaurant for sale
163 Main Street, Wishaw ML2

    • 542 sq. ft

Leasehold
Added on 30/07/2024

About this property

  • Established turnkey business

  • High standard fit-out

  • Class 3 hot food premises

  • Self-employment opportunity

  • Town centre trading position

Description

The subjects comprise a ground floor Class 3 hot food takeaway within a mixed use building of masonry construction under a pitched and slate tiled roof. The building is arranged over three floors providing retail accommodation on the ground floor and residential accommodation on the upper floors.

The takeaway is accessed via a single flush pedestrian door which leads into the customers waiting area. Internally, the space is fitted out to a high standard in the business branding. The commercial kitchen is, as expected, 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 floor is tiled, walls covered with splash backs and the suspended tile ceiling incorporates fluorescent strip lighting. To the rear there is a second food prep kitchen in addition to a store. The property also benefits from a fire exit to the rear car park which includes one allocated parking space.

Location

The property is located on the north side on Main Street close to its junction with Belhaven Terrace, within the Town Centre of Wishaw. Main Street forms an extension to Stewarton Street and is the principal retailing thoroughfare for the town. The property enjoys excellent public transport connections, with regular and bus services passing along Main Street, whilst Wishaw Rail Station takes less than 10 minutes walk to reach. Nearby occupiers include The Terrace Cafe, Royal Bank of Scotland and Subway.

The Business

Gyropolis Greek Traditional Grill House is an established food takeaway business which has been established for more than 5 years. 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 Wednesday to Sunday from 4pm to 10pm. 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.

Premium

Offers in the region of £75,000 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.

Tenure

The lease is available by way of assignation, for the residual term of the lease, which expires in 2029. The current rent is £9,000 per annum and there are no further rent reviews.

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Monthly repayment

£375 per month

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