Former La Riviera Restaurant Glasgow

147 Dumbarton Road,
G11 6PT

For Sale

Offers £295,000


Type

Restaurants

City

Glasgow

Tenure

Heritable

Request an Appointment

  • Description

    Location

    Specifically, the subjects are located on Dumbarton Road, in the core of the West End, immediately off Byres Road. KelvinhallSubway station is situated opposite.There are substantial new student flat developments in the immediate vicinity seconds walk from the subject property. These include the new West Village and the Dunaskin developments.This adds to the already desirable trading location, providing real scope for business development and increased sales.There are very successful trading licensed businesses in the immediate vicinity including the Three Judges, Bag of Nails and Celino’s.

    Description & Accommodation

    The subjects are formed over the ground floor of a multi storey tenement fronting Dumbarton Road. There is good frontage to Dumbarton Road. The restaurant historically included a rear extension. However,this was demolished for safety reasons. The owner has gained planning consent to rebuild the rear extension.

    The premises for sale therefore include;

    Front Restaurant Accessed directly from Dumbarton Road. Good sized trading area partly fitted but requiring a full refurbishment. This is a link to the rear of the front area to the proposed rear extension.

    Rear Land

    Previously in use as the extension to the front restaurant. This area has been demolished and is open land. However, planning permission has been gained to re-build the extension.
    We estimate that the gross internal areas are as follows;

    Front Restaurant48.38 sqm521 sqft
    Proposed Rear Restaurant110.45 sqm1189 sqft
    Total158.83 sqm1710 sqft


    Planning

    Planning consent was granted for re-building the rear extension on 24th June 2019. The planning application reference number is 19/00403/FUL. The full application can be gained by visiting  Glasgow Council Planning portal.

    Licence

    The property has a premises licence in place which will be transferred to a purchaser.

    Rates

    The rateable value of the property is £8,500. The current rateable value falls below the rates threshold of £15,000 and therefore no rates will be payable. Please note the rateable value may increase after the development of the extension.

    The Opportunity

    This is a fantastic opportunity to operate a rare heritable licensed business in a highly desirable West End trading location. The premises provide a blank canvass for an operator to develop their own brand and fit out.

    The Price

    Offers over £295,000 for the purchase of the heritable restaurant including land to rear which has planning permission for the construction of the extension.

    Legal Costs

    Each party will be responsible for their own legal costs with the ingoing tenant responsible for Stamp Duty, Land Tax and Registration Fees.

    VAT

    Unless otherwise stated all commercial terms quoted are exclusive of VAT and taxes.

    EPC Rating

    The premises are classified as a development property and, as such, no EPC is required.


  • Floor Plans

    • Former La Riviera

      Existing & proposed in pink

  • Dataroom

    Please log in or register to access the Dataroom section.

  • Description

    Location

    Specifically, the subjects are located on Dumbarton Road, in the core of the West End, immediately off Byres Road. KelvinhallSubway station is situated opposite.There are substantial new student flat developments in the immediate vicinity seconds walk from the subject property. These include the new West Village and the Dunaskin developments.This adds to the already desirable trading location, providing real scope for business development and increased sales.There are very successful trading licensed businesses in the immediate vicinity including the Three Judges, Bag of Nails and Celino’s.

    Description & Accommodation

    The subjects are formed over the ground floor of a multi storey tenement fronting Dumbarton Road. There is good frontage to Dumbarton Road. The restaurant historically included a rear extension. However,this was demolished for safety reasons. The owner has gained planning consent to rebuild the rear extension.

    The premises for sale therefore include;

    Front Restaurant Accessed directly from Dumbarton Road. Good sized trading area partly fitted but requiring a full refurbishment. This is a link to the rear of the front area to the proposed rear extension.

    Rear Land

    Previously in use as the extension to the front restaurant. This area has been demolished and is open land. However, planning permission has been gained to re-build the extension.
    We estimate that the gross internal areas are as follows;

    Front Restaurant48.38 sqm521 sqft
    Proposed Rear Restaurant110.45 sqm1189 sqft
    Total158.83 sqm1710 sqft


    Planning

    Planning consent was granted for re-building the rear extension on 24th June 2019. The planning application reference number is 19/00403/FUL. The full application can be gained by visiting  Glasgow Council Planning portal.

    Licence

    The property has a premises licence in place which will be transferred to a purchaser.

    Rates

    The rateable value of the property is £8,500. The current rateable value falls below the rates threshold of £15,000 and therefore no rates will be payable. Please note the rateable value may increase after the development of the extension.

    The Opportunity

    This is a fantastic opportunity to operate a rare heritable licensed business in a highly desirable West End trading location. The premises provide a blank canvass for an operator to develop their own brand and fit out.

    The Price

    Offers over £295,000 for the purchase of the heritable restaurant including land to rear which has planning permission for the construction of the extension.

    Legal Costs

    Each party will be responsible for their own legal costs with the ingoing tenant responsible for Stamp Duty, Land Tax and Registration Fees.

    VAT

    Unless otherwise stated all commercial terms quoted are exclusive of VAT and taxes.

    EPC Rating

    The premises are classified as a development property and, as such, no EPC is required.


  • Floor Plans
    • Former La Riviera

      Existing & proposed in pink

  • Dataroom

    Please log in or register to access the Dataroom section.


Designed & built by Mucky Puddle

Contact Us

Contact Us