Previously the restaurant traded as the 'Koh-I-Noor', a popular Indian restaurant which traded from 1964.
The restaurant is arranged over ground and basement levels. Pedestrian access is provided by a main door off of North Street, leading into the Indian themed bar/restaurant. A separate door provides direct access to the kitchen from North Street.
Access is into a bar/reception area, which provides access to the Male and Female WCs at basement. The bar area leads onto the main restaurant area.
The basement is accessed via a staircase in the kitchen area is expansive, with cellarage accommodation, stores / prep rooms and staff accommodation. There is also a large function area which currently provides excess storage.
( Agency Pilot Software Ref: 49616 )
Location
The subject property is located on the west side of North Street, on the border of Glasgow’s City Centre. It sits in a terrace of other popular licensed units, namely Chinaskis and The Locale. By sitting just outside of the City Centre, the area benefits from mid-week trade of office workers, as well as weekend trade from customers native to/visiting the west end and Finnieston. The location of the property is shown on the appended plan.
Accommodation
Ground
• Bar /Reception
• Main Restaurant Seating
• Staff / Store Area
• Kitchen Basement
• Male & Female WCs
• Cellarage
• Stores
• Prep Areas
• Function Area
• Staff Welfare / Locker
Terms
ENERGY PERFORMANCE CERTIFICATE (EPC) The Energy Performance Certificate will be provided upon request.
RATES We are advised that the rateable value is £55,000 TENURE Leasehold interest.
LEASE TERMS The subjects are offered on the basis of a new lease agreement, the terms of which are open to negotiation. The proposed rental is £65,000 per annum and a regular review provision will be incorporated.
EXCLUSIONS The trading name is excluded from the transaction.
FINANCE/BUSINESS MORTGAGES Graham + Sibbald are in regular contact with the specialists involved in the financing of business and property purchases in Scotland and we would be happy to assist with introductions if required.
Specification
• A highly visible licensed restaurant unit, located in close proximity to both the city centre and Finnieston.
• Total Gross Internal Area of 6,458 sq.ft
• Large commercial kitchen
• Approximately XX covers
• Licensed hours TBC