 | Established & Popular Public Bar For Sale Glasgow, Strathclyde, United Kingdom Advert ref: G630 FINANCIAL DETAILS | Asking price: £25,000 Sales revenue: £280,500 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership Scotland is delighted to offer for sale the following business...
The business has been established for over 60 years with the present owner having run the business for the last 6 years. The present owner has refurbished the premises to a good standard and has kept the pub in good state of repair.
The public bar attracts a very loyal local trade and has seen generations of families coming to the pub. The pub is all wets at the moment but there is excellent opportunity to offer bar lunches and suppers as there is a good sized equipped kitchen.
There is also the opportunity to utilise the large function room for parties, engagements, birthdays and general celebrations. The function suite can hold up to 120 guests and has its own separate bar and toilets
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GENERAL INFORMATION | Years established: 60 Years and 6 years with present owners
Employees: The business is run by the owner with 2 full time and 3 part time employees
Trading hours: 11am - 11pm Monday - Thursday. 11am - 12pm Friday - Saturday. 12.30pm - 11pm Sunday
Property: Leasehold
Lease terms
Current lease expires 2032. Rent is £40,000 per annum. Ratable value £21,800.
Location
The business is located on Balmore Road on the A879 in Lambshill in the Possil Park area of Glasgow. Balmore Road leads onto Strachan Street and Hawthorn Street towards Glasgow city centre.
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The Business Partnership - Scotland - Central & West | | | |
