Commercial Property for sale

17 George Place - EH48

£49,995

Property Description

Commercial information

  • Business for sale

Key features

  • LOOKING FOR QUICK SALE!
  • Leasehold Opportunity
  • 300 Covers, Licensed
  • Recently Refurbished

Full description

Tenure: Leasehold

Description
Bruce & Co. are delighted to offer for sale this well known and popular traditional Indian restaurant. The business has been under our client’s ownership for over 2 years and they have reluctantly placed the business on the market due to personal health reasons. The restaurant is situated in a prime position in Bathgate town centre and attracts business from regular clientele in the local area as well as a passing trade due to its location. The business is hugely popular due to its fantastic reviews and as such it trades with high service figures. We are informed that sales are derived from sit in, takeaway and home delivery services. The business has great potential for growth by increasing opening times as the business is only open in the evening at present and with the recent introduction of wedding functions looks to be very popular.

Situation
The town is experiencing a rise in population with a demand for new residential developments in and around the surrounding area. Other attractions in the town offer an excellent range of shopping facilities and recreational and leisure amenities such as a sports centre, golf courses and nearby country parks etc. Bathgate is within easy reach of the M8 and the main Scottish motorway network.

Buildinf Internal
The business occupies the ground floor of a terraced property with glass frontage running the full length of the building. The restaurant is elegantly finished with a modern interior yet offers an elegant and traditional Indian ambiance. The restaurant is furnished with high backed leather seats and stylish modern tables. The business has a fully equipped commercial kitchen which is located towards the rear behind the main dining area and there is also a food service area. Additional benefits of this property and business are a large storage room and a managers office and there are customer WC facilities.

Trading Hours
Monday - Sunday
16:00 - 22:00

Staff
Family run business.

Building External
The business is situated in a highly visible trading position situated on the main road into Bathgate. On street parking is available and there is further parking to the rear of the property.

Services
The property has mains water, drainage, electricity, gas.

License
The business trades with a full restaurant license.

Trading Figures
Will be given once a formal viewing has taken place.

Tenure
We have been informed that the property is held on a 20 year lease which started in 2014 with annual rental of £20,000 PA.

Summary
The sale of this business offers potential buyers a fantastic opportunity to purchase a popular and traditional Indian restaurant in an enviable trading position in a highly populated town.

Price
O/O £49,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

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

  • Bathgate (0.2 mi)
  • Armadale (2.3 mi)
  • Livingston North (3.8 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

  • Bathgate (0.2 mi)
  • Armadale (2.3 mi)
  • Livingston North (3.8 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 44278. 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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