Restaurant for sale

38 High Street - PA1

£375,000

Property Description

Commercial information

  • Business for sale

Key features

  • Free House, Bar & Restaurant
  • 'Gin Bar' On First Floor
  • Management Offices On 2nd Floor
  • Private Parking, Recently Fully Refurbished

Full description

Tenure: Freehold

General
The College Bar and Grill is an extremely busy business which has undergone a full and extensive refurbishment program by the current vendor. The venue has been completely rebranded, reopening in November 2015. Since its reopening the College Bar and Grill has produced excellent and increasing weekly sales. The College Bar and Grill is now offered as one of Paisley’s popular venues, gaining an excellent reputation for excellent food.


Situation
Paisley is the largest town in the historic county of Renfrewshire in the west central Lowlands of Scotland and serves as the administrative centre for the Renfrewshire council area. The town is situated on the northern edge of the Gleniffer Braes, straddling the banks of the White Cart Water, a tributary of the River Clyde. The town, a former burgh, forms part of a contiguous urban area with Glasgow; Glasgow city centre is 6.9 miles to the east. The College Bar and Grill occupies a prominent position on the High Street. The business is surrounded by residential and commercial properties. The College Bar and Grill, further benefits from being adjacent to the towns shopping centre.

Property
The property is a traditionally built terraced building over the three floors. The main entrance is from the front, which leads into the well presented bar/restaurant. The public bar features a central horseshoe bar to the right on entering. The bar/restaurant has been well designed to offer a spacious open plan area. To the right immediately on entering, you will find the ’patio’. This area has been designed to give an outdoor feel, with astro turf floor covering and outside style tables and chairs. The ‘patio’ also gives access to the DJ booth. The bar restaurant is well furnished with a mix of upholstered chairs and high stools. To the rear of the area, you will find the kitchen area. The kitchen is visible from the public space, through a large viewing window. To the left of the bar restaurant, you will find a newly installed feature stairway leading to the ‘Gin Bar’ on the first floor. The ‘Gin Bar’ benefits from its own bar area. The space is well presented with a good mix of upholstered bench seating, booths and carver chairs, along with wooden tables. Located on the second floor of the building, you will find the management suite. The second floor offices, are accessed via a stairway to the rear of the ‘Gin Bar’ or via a metal stairway from the rear carpark. The College Bar and Grill further benefits from a full BOSE pa system, with digital DJ mixing system. The business also features and full CCTV system and EPOS till system. Ladies and gents facilities are well situated off both the ground and first floor areas. Since reopening in November 2015. The College Bar and Grill has traded extremely well, with weekly growth. The property is licenced for approximately 320 persons. The business operates seven days per week from 11:00 - 00:00 Sunday - Thursday and 11:00 - 01:00 Friday and Saturday. Food is available all day, everyday, with last orders at 20:30.

Service Area
As expected with a property the style and size of The College Bar and Grill, there are ample service areas, including; a fully fitted commercial kitchen, cold kitchen/ food preparation kitchen, spirit store, still room, dish wash area, staff room, chilled cellar, cold store, dry good stores, extensive management suite

External
The front of the property is straight to street. There is ample on street parking.

Services
We have been advised that all mains services are fitted.

Tenure
The property is held on the Scottish equivalent of freehold.

Trading Figures
Full trading figures will be made available after a formal viewing has taken place.

Summary
The sale of The College Bar and Grill offers a great opportunity to purchase an established business. The business benefits from an excellent location. Viewing is highly recommended.

Price
Offers in the region of £375,000 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, this will be available to all parties wishing to offer.

Viewings
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.


Nearest stations

  • Paisley Gilmour Street (0.2 mi)
  • Paisley Canal (0.4 mi)
  • Paisley St. James (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Paisley Gilmour Street (0.2 mi)
  • Paisley Canal (0.4 mi)
  • Paisley St. James (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44393. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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