£349,950
Restaurant for saleG2, Lanarkshire
Business
Leasehold
About this property
Destination restaurant with excellent reputation for traditional Italian cuisine
Excellent location within the City Centre
Ample parking close by
Presented in turnkey condition throughout
Approx. 52 covers inside w/24 covers outside
Turnover Y/E 2024 £481,461 with very healthy profits
O Sole Mio, established in 1965, is a popular Italian restaurant situated in the sought after Glasgow City Centre. It is the longest established and running Italian restaurant in Scotland. With more than one generation of regular customers, the restaurant is a Glasgow institution.
The area surrounding the business is a densely populated, affluent residential area and retail outlets with the centre benefiting from ample parking both on the street and also NCPs.
The area in general is busy throughout the day with passing footfall, although the vast majority of the income generated each week comes from regular trade at lunchtimes along with evenings and at weekends. The proximity of the restaurant to the theatre land, cinema, and Royal concert hall ensures added guaranteed extra income in the evenings, 7 days a week. In our opinion therefore, the restaurant would ideally suit an existing restaurant operator who is looking to expand a portfolio.
The business has an excellent roadside plot trading position with good signage. The ground floor has been fitted to a high standard throughout, including good quality fixtures and fittings along with a bespoke bar area which sits conveniently in the centre of the seating area.
The business was originally established in 1965, and with our client since 2010 and provides what is now a highly respected Italian restaurant with approx. 52 internal covers and 24 outside covers. Since being established, our client has built a loyal and regular customer base both locally and further afield such is the quality of the food served, with as much produce sourced locally where possible. Reason for selling is the owner would like to retire.
Ref: 51615 Ref: 51615
The area surrounding the business is a densely populated, affluent residential area and retail outlets with the centre benefiting from ample parking both on the street and also NCPs.
The area in general is busy throughout the day with passing footfall, although the vast majority of the income generated each week comes from regular trade at lunchtimes along with evenings and at weekends. The proximity of the restaurant to the theatre land, cinema, and Royal concert hall ensures added guaranteed extra income in the evenings, 7 days a week. In our opinion therefore, the restaurant would ideally suit an existing restaurant operator who is looking to expand a portfolio.
The business has an excellent roadside plot trading position with good signage. The ground floor has been fitted to a high standard throughout, including good quality fixtures and fittings along with a bespoke bar area which sits conveniently in the centre of the seating area.
The business was originally established in 1965, and with our client since 2010 and provides what is now a highly respected Italian restaurant with approx. 52 internal covers and 24 outside covers. Since being established, our client has built a loyal and regular customer base both locally and further afield such is the quality of the food served, with as much produce sourced locally where possible. Reason for selling is the owner would like to retire.
Ref: 51615 Ref: 51615
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