SOLD – Popular Muirend Coffee Shop, Glasgow For Sale (2684)

Leasehold £49,000

SOLD - SIMILAR BUSINESSES REQUIRED

This is a superb opportunity to acquire a highly visible and well presented main road coffee shop in the popular Muirend area of Glasgow.

Ideal owner managed business with low overheads.

Spacious premises with indoor space for 20 covers, additional west facing outdoor seating.

Type of business
This is a popular well established coffee shop in the affluent Muirend area of Glasgow’s southside. Viewing is highly recommended. With its bright modern décor and spacious open plan layout it has a regular loyal clientele of local residents and excellent passing trade. It is an ideal owner managed operation and has significant potential for further growth. Currently profitable on a 5 day per week basis which gives the owner an excellent work/life balance. The cafe offers a modern attractive environment with seating for 20 covers inside and a further 8 outside on the sunny west facing pavement.
Opening hours
10am - 3pm Tuesday - Saturday.
Staff
The business is run by the owner with 3 part-time staff.
Tenure
Leasehold. Rent £840 per month. Current lease expires in 31 July 2023 but can be extended. It is likely the landlord will require a rental deposit equivalent to 6 months rent. Rateable value £7,800 so the business qualifies for 100% rates relief so no rates are payable.
Premises
The premises are a bright spacious 59m2 (623sqft) modernised unit with an open plan seating and serving area with large windows to the front, good sized kitchen and two customer toilets and one staff toilet. The area benefits from ample free on street parking.
Financial information
The sale price includes all equipment, fixtures and fittings. Further financial information can be made available to serious interested parties after viewing.