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Glasgow Public House for Sale - Growing Weekly Sales, Ample Growth Potential in Affluent Area

Undisclosed, Renfrewshire
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Under Offer: PUBLIC HOUSE - GLASGOW Photo 1
Under Offer: PUBLIC HOUSE - GLASGOW Photo 2
Under Offer: PUBLIC HOUSE - GLASGOW Photo 3
Under Offer: PUBLIC HOUSE - GLASGOW Photo 4
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Under Offer: PUBLIC HOUSE - GLASGOW Photo 7
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Under Offer: PUBLIC HOUSE - GLASGOWUnder Offer: PUBLIC HOUSE - GLASGOWUnder Offer: PUBLIC HOUSE - GLASGOWUnder Offer: PUBLIC HOUSE - GLASGOWUnder Offer: PUBLIC HOUSE - GLASGOWUnder Offer: PUBLIC HOUSE - GLASGOWUnder Offer: PUBLIC HOUSE - GLASGOW
  • Status

    FOR SALE

  • Date Submitted:

    16/03/22

  • Advert ID

    292300

  • Reference

    49326 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £96,000
  • Turnover: £99,707 (£1,917 Per week)
  • Net Profit: £10,926 (11% Profit margin)

Business Details

Under Offer: PUBLIC HOUSE GLASGOW

Attractive village pub
Growing weekly sales of £2,500 approximately
Plenty of scope to increase sales
Wet lead pub
The Olde House Inn is located in the village of Neilston on the outskirts of Glasgow. The surrounding community is an affluent one and provides a substantial part of the trade of the village's pub with only one other public house. The pub hosts Karaoke and quiz nights throughout the year, boosting the regular trade and drawing people from far afield. The pub is in close proximity to Neilston Railway Station and Brig O-Lea home of Neilston Juniors Football Club. The pub is also the closest in the village to the Neilston Cattle Showground home to the Neilston Cattle Show which takes place on the first Saturday each May and is always the busiest day for the year.

There is a 10-car carpark to the rear of the pub. The pub’s success has seen weekly sales rise from £2000 to over £2,500 in an 18-month period. This increase has been in wet sales and still leaves plenty of scope to develop food sales further, especially since the pub has the space for the new owners to put in an equipped catering kitchen and has an approximate area for over 100 covers. New owners with culinary flair will undoubtedly see their endeavors rewarded by even higher sales and higher profits although the business already achieves a healthy gross profit. This ensures a very comfortable living for its current owners. You are gaining more than just a pub at The Olde House Inn as it is in a superb village location ensuring an enviable lifestyle for the new owners. Ref: 49326
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Under Offer: PUBLIC HOUSE GLASGOW - 49326 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.