The subjects comprise a ground floor restaurant in a traditional 4 storey sandstone building with residential above. The premises are currently arranged with the restaurant to the front with seating for c. 65/70 customers and male / female toilets and kitchen to the rear. We envisage the purchaser shall fully refit the premises.
Location
Glasgow is Scotland’s largest city with an estimated catchment population of 1.5M people.
The premises are situated on the north side of Dumbarton Road, close to its junction with Byres Road, in the heart of Glasgow’s vibrant West End which lies approximately 2 miles from the city centre. The West End is a populated residential location and the immediate surrounding area has a large resident student population with the University of Glasgow being a short distance from the subjects. There have been a number of large student housing developments built in recent times with others currently on site further boosting the student population locally.
The premises are 100m from the University of Glasgow’s £1 billion Campus redevelopment of the former Western Infirmary site.
Surrounding occupiers include Usha’s Indian Restaurant, Living Room Contemporary Furniture, Catherine’s of Partick, Tribeca Café, Bing Soul Desert Café and Two Fat Ladies Restaurant. The Kelvingrove Museum and Art Gallery is a short walk. Kelvinhall Subway Station is closeby.
Accommodation
Net Internal Area 1,150 sq ft (106.80 sq m)
Terms
Price
Offers over £250,000 exclusive of VAT.
Business Rates
RV £12,400
Payable £5,952
The premises qualify for 100% Rates Relief under the Small Business Bonus Scheme. For further information please contact the Director of Finance at Glasgow City Council.
Energy Performance Certificate
A copy of the EPC can be provided upon request.
Legal Costs and VAT
Each party shall be responsible for their own legal costs. The purchaser shall be liable for Land and Buildings Transaction Tax and VAT incurred.