Restaurant for sale

71 Kilmarnock Road - G41

£74,995

Property Description

Commercial information

  • Business for sale

Key features

  • High Street Location
  • 42 Covers
  • Licensed
  • Leasehold Opportunity

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 7 years and they have reluctantly placed the business on the market due to family commitments. The restaurant is situated in a prime position on the main road through Shawlands and attracts business from regular clientèle in the local area as well as passing trade due to its convenient location. The business is hugely popular due to it being the only Indian restaurant trading in the immediate area currently. The business has great potential for growth by increasing opening times and is run to a pace that suits the current vendors.

Situation
Little India occupies a prominent position on Kilmarnock Road within the Shawlands area on Glasgow’s South side. Shawlands is a district of Glasgow; Scotland located less than 2 miles south of the River Clyde. The area has an approximate population of 8000 people. Neighbouring districts include the areas of Crossmyloof, Langside and Pollockshaws with Shawlands itself overlapping the Glasgow City ward map areas 6 (Pollockshields) and 7 (Langside). The area is often regarded as a ‘hub’ for the south side region due to its wealth of shops and amenities.

Building Internal
The property is a traditionally built terraced lock up unit. The main entrance is from the front which leads into a spacious and modern dining area. To the rear you will find the fully fitted commercial kitchen equipped which is well presented, offering an excellent work space. The dining room is tastefully decorated and well furnished with wooden tables and chairs. Ladies and gents are well located off public areas.

Staff
Family Run

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

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


License
The business trades with a full restaurant license.

Tenure
The Property is on a 25 year lease which started 2008 with reviews every 3 years and annual rental of £23,500.


Accounts
Will be given once a formal viewing has taken place


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 £74,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Viewing
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

  • Pollokshaws East (0.3 mi)
  • Shawlands (0.4 mi)
  • Crossmyloof (0.4 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

  • Pollokshaws East (0.3 mi)
  • Shawlands (0.4 mi)
  • Crossmyloof (0.4 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 44318. 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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