Offers over
£225,000
(£327.99/sq. ft)
Restaurant for saleDumbarton Road, Glasgow G11
686 sq. ft
About this property
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.
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.
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