Restaurant for sale3-5 Jackson Street - ML10
- Business for sale
- Restaurant with 80 Covers
- Well Supported Public Bar
- Turnkey Business Opportunity
- 3 Bedroomed Owners Accommodation
Bruce and Co. are delighted to present to the market the Glassford Inn, a long established restaurant and pub positioned in the idyllic surroundings of Glassford, Strathaven. The business has been under the very caring ownership of our clients for 34 years and has reluctantly been placed on the market due to their wish to retire. The Glassford Inn enjoys a generous turnover and provides the owners with an excellent source of income which is derived from revenue generated through very strong wet sales in the public bar as well as food sales from the 80 cover restaurant. The Glassford Inn receives exemplary feedback from customers and benefits from extremely positive reviews from both locals and visitors to the village. Although the business is trading with good profit at present we believe that income could be increased with a little marketing as very little is currently done.
Glassford Inn is situated 2 miles from the market town of Strathaven and within commuting distance of East Kilbride and Hamilton. The business also attracts a customer base from the surrounding villages of Stonehouse, Chapletown, and the Lesmahagow/Nethan Valley area. Glassford is close to both the M74 and M77 motorways, which link central Scotland with both the south as well as Ayrshire and beyond. Perfectly located in the conservation village of Glassford, the business is very much at the heart of the local community. Lanarkshire and the surrounding countryside including the Clyde Valley are popular areas for relocation for those moving from England and the south/Midlands generally as well as a focus for permanent repatriation by those previously born in Central Scotland. Glassford has planning approved and work is about to start on 500 new houses which will boost the village.
The business premises occupy an impressive traditional detached property of brick construction dating back to over a 100 years. The property, which has 2 levels has been well maintained and presented throughout meaning no further work is required before new owners could commence immediate trading. The main entrance to the restaurant is located to side and leads into a waiting area and small bar. The entrance to the bar area is from the front with the bar traditionally furnished with wooden tables and chairs. Located to the right of bar is a games room with darts, juke box and pool table all included in the sale. The restaurant provides covers for up to 80 diners in the current configuration and allows the business to easily cater for private parties and group bookings with a private dining room located to the rear. The premises have a fully equipped and very spacious commercial kitchen which is fitted with all necessary equipment to operate a business of this nature including a chill/freezer section.
Customer WC facilities are located to the rear of both restaurant and bar areas.
The business benefits from private accommodation which is located above the business premises with 2 entrances, one from the outside to the right hand side and one internal from behind the bar. The accommodation comprises of 3 bedrooms, kitchen, lounge and family bathroom.
A large car park occupies an area to the side of the business premises.
The property has mains water, gas, drainage and electricity.
The business trades with the benefit of a full license.
Turnover figures are available after a formal viewing has taken place.
The sale of the Glassford Inn provides an excellent lifestyle opportunity to acquire a popular, well reputed business which is trading with fantastic return.
Offers over £424,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
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.
Should you require further information on this or any other property, please do not hesitate to contact our office on 0131 3140660.
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