Luna Rossa, 1-3 Canal Street, Renfrew, PA4 8QE

£50,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Restaurant

Key features

  • 46 Cover Restaurant
  • Fully Equipped Commercial Kitchen
  • Rented Commercial Space on First Floor inc
  • Outside Seating
  • Premises License
  • Energy Rating D
  • Annual rent: £27,000 + VAT
  • Christie & Co Ref: 6854104

Description

Description

A modern Italian restaurant situated in the heart of Renfrew.

The property consists of a bar, 46 cover restaurant, fully equipped commercial kitchen and a separate leased commercial business located on the first floor.

The business is well established within the local community and although trading well, it would also suit a variety of different cuisines.

Location

Luna Rossa is situated on the corner of Canal Street and Fubar Street, in the heart of Renfrew. The business is situated next to the Town Hall and surrounded by other cafes, bars and restaurants.

Glasgow City Centre is around seven miles to the east with Paisley around three miles south west of Renfrew.

There is a bus service which operates via Renfrew to Glasgow City Centre every 15 minutes.

Internal Details

Entry to the property is provided via Fulbar Street and Canal Street. The restaurant can accommodate for around 46 via a mixture of tables and chairs and fitted booths.

The restaurant is modern throughout with no requirement for any additional capex. The large windows to the front allow for plenty of natural light.

A small office and wine cellar is located to the rear of the bar. A male WC and disabled toilet is to the left as you enter from Fulbar Street. Female toilets are situated in the main restaurant area.

The business benefits from a fully equipped and spacious commercial kitchen is to the rear with a large prep area.

Access to the first floor rented space is provided to the side and rear of the property. A door leading form the rear of the kitchen provides access to a outdoor area which could be developed going forward.

Fixtures & Fittings

All fixtures and fittings are included within the sale, any personal items will be removed. A full inventory can be provided after a deal has been agreed.

External Details

A two storey traditional end-terraced property with a pitched and slated roof.

There is outdoor seating on Fulbar Street for around 15.

On-street parking is available on a first come first served basis.

Other Property

The first floor property is included within our client's Lease which is currently sub let for £400pcm.

The Opportunity

A great opportunity for a motivated owner operator to grow an already established and profitable business. Luna Rossa currently trades as an Italian restaurant and coffee house however, the modern décor would suit a variety of different cuisines.

Income is mainly generated from customers dining in and although there is an option to takeaway, a huge opportunity exists for a new owner to drive both takeaways and deliveries further. Renfrew has a population of around 25,000 and is surrounded by other towns and villages. This presents huge scope to partner with food delivery platforms and generate turnover from a part of the business which has not been tapped into.

Over the last three years, our client has built a solid reputation boasting fantastic reviews across Google and TripAdvisor, although have an online presence, mainly Instagram. There is opportunity to grow this given the majority of trade is from word of mouth or passing trade.

Our client has owned the business for three years and is now selling to focus on other business related opportunities.

The Luna Rossa website can be found here - Luna Rossa

Staff

TUPE will apply to any sale. A full staff schedule can be provided to interested parties after a formal viewing.

Trading Hours

Monday & Tuesday
Closed

Wednesday & Thursday
9.30am - 9.00pm (last food orders at 8.00pm)

Friday & Saturday
9.30am until last food orders at 8.30pm with the bar opened later

Sunday
10.00am till last food orders at 8.00pm with the bar opened later

Tenure

Leasehold

Tenancy

Leasehold
Current Rent - £27,000 plus VAT
Lease Expiry - May 2038

Business Rates

The Rateable Value as of 1 April 2026 will be £17,500. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises License

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Luna Rossa, 1-3 Canal Street, Renfrew, PA4 8QE

NEAREST STATIONS

National Rail

Yoker Station

0.93 miles

National Rail

Garscadden Station

1.02 miles

National Rail

Scotstounhill Station

1.37 miles

About Christie & Co, Pubs & Restaurants

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Disclaimer - Property reference 6854104-lh. 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 Christie & Co, Pubs & Restaurants. 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.