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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

ICONIC Glasgow City Centre Licensed Fitted Restaurant with 32 Seats (Pos. Up To 40). Potential For Late Licence. Estimated Rental Potential £45,000 per annum. Seldom Available Desired Auction Lot.

The property is situated in a prime city centre location on Blythswood Street, just off Blythswood Square. Fantastic location with excellent potential as either a let investment or owner occupier.

Ideally located to target city centre office workers and evening trade, as well as spin-off custom from the many nearby hotels, including The Blythswood, Malmaison, Dakota, Ibis and Novatel.

Glasgow is now one of the main entertainment/conference centres in Europe and is home to many attractions, including the SECC, Hydro, Scottish Opera, Scottish Ballet and Royal Scottish Orchestra.

The Two Fat Ladies is arranged over the ground floor of a three storey stone constructed building, under a pitched roof. There is a service delivery lane situated to the rear of the premises.

The Two Fat Ladies is arranged over the ground floor of a three storey stone constructed building, under a pitched roof. There is a service delivery lane situated to the rear of the premises. Internally, the property offers a plan restaurant, benefitting from virtually full height windows. There is a mix of fixed back booth seating, supplemented by loose tables and chairs along with fixed a timber bar servery to the front and seating for approximately 32 persons, although the restaurant could accommodate approximately 40 for larger events. The restaurant is fitted in a good quality contemporary design with a first class ambience throughout. To kitchen is situated to the rear of the property with a fully fitted kitchen along with W.C. facilities and rear loading NAV/RV £30,000

The property is situated in a prime city centre location on Blythswood Street, just off Blythswood Square. Any licensed business is ideally located to target city centre office workers and evening trade, as well as spin-off custom from the many nearby hotels, including The Blythswood, Malmaison, Dakota, Ibis and Novatel. Glasgow has a population of approximately 630,000 persons and a vibrant economy, particularly in the licensed and retail sectors, helped by a large student population from Glasgow University, Strathclyde University, Glasgow Caledonian University as well as a number of technical colleges. Glasgow is now one of the main entertainment/conference centres in Europe and is home to many attractions, including the SECC, Hydro, Scottish Opera, Scottish Ballet and Royal Scottish National Orchestra.

Full Address: 118A Blythswood Street, Glasgow, G2 4EG

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Plans

118A  Blythswood Street  Glasgow

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Pricing Information & Bidding

Opening Bid: £213,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £250,000

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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