Description
Ian Brown Restaurant is arranged within a single storey, end of terrace building, under a pitched roof. The premises benefit from excellent frontage/windows onto Eastwoodmains Road and also a return frontage. There is a single, attractive, timber framed and glazed access doorway leading into the main trading areas. In addition, the lease demise includes a large area to the side of the premises, which could provide valuable extension space/outdoor seating.
Rateable Value
The premises have a Rateable Value of £XXX as of 1st April 2023.
Services
We understand that the premises are connected to all mains services, including water, electricity, gas and drainage.
Premises Licence
There is a premises licence in place. The premises licence will be transferred to a new tenant.
Business Background
Ian Brown Restaurant has been in operation for approximately 12 years. The premises provide a first class business, set in a property with excellent decorations throughout. The business has been operated by Mr Ian and Sheila Brown since its inception and is currently generating sales in the region of £XXX net per annum. Full accounting information can be provided to seriously interested parties.
Mr and Mrs Brown are retiring and have decided to sell their leasehold interest and business. This is an excellent opportunity for an owner/operator (either a chef or front of house manager) to acquire an established and admired restaurant business.
Location
Ian Brown Restaurant is situated on Eastwoodmains Road, within the affluent area of Giffnock/Williamwood. The premises are situated within one of the prime residential suburbs of Glasgow. There is an excellent customer base from Giffnock, Williamwood, Clarkston, Whitecraigs and Newlands, all within a 5 minute drivetime of the business.
The premises lie in a prominent trading position within a parade of retail units, directly fronting Eastwoodmains Road, the main arterial route linking Giffnock to Clarkston. Williamwood Railway Station is situated nearby and there are regular bus routes leading into Glasgow City Centre.
Accommodation
The accommodation internally is as follows:
Restaurant
Highly attractive restaurant, with high internal ceilings and total seating for approximately 40 persons, from high quality loose timber tables and leather chairs. There is a bar servery set to one side, which backs onto the kitchen.
Kitchen
Good sized fully fitted commercial kitchen.
Customer Toilets
Well decorated ladies and gent’s toilets, situated to the rear of the restaurant.
Kitchen
Good sized fully fitted commercial kitchen.
Ancillary Accommodation
Extensive storage.
Terms
Lease Terms
The premises are currently held on a lease agreement. The current rental is £XXX per annum and the lease is due to expire in 2041 (approximately 18 years unexpired).
The Terms
The premises have been placed on the market at Premium Offers Over £XXX to acquire the leasehold interest, trading inventory and business.
Specification
EPC
The property has an EPC rating of G.
Viewing & Further Information
Strictly no approaches to be made to the property direct. For further information please contact CDLH.
Anti Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.