Established Sandwich Takeaway & Cafe in Glasgow City Centre

Diana’s City Sandwich

95 West Regent Street, Glasgow, G2 2BA

·                  Long established sandwich shop & café

·                  Prominent city centre trading position

·                  High volume of surrounding offices, businesses, hotels etc

·                  Designed & fitted to a high standard

·                  Large premises with seating for approx.20 customers

·                  Weekday trading only. 8am-2pm

·                  Great opportunity for a new owner-operator

LOCATION

The subjects benefit from a prominent trading position on West Regent Street, between the junctions of Hope Street and Wellington Street, in the heart of Glasgow City Centre, only a short walk from Buchanan Street, George Square and Glasgow Central and Queen Street Railway Stations.

The subjects are positioned within a busy commercial district with high numbers of office workers in close proximity as well as many surrounding businesses and benefits from high levels of footfall and passing traffic.  The business also benefits from a number of surrounding hotels including Point A, Apex, Abode, Hampton by Hilton, Kimpton Blythswood Square and Dakota.

Should a new owner wish to provide a delivery service, the subjects are ideally located to service not only the city centre, but the west end, south side, north and east end of Glasgow.

Glasgow is located in the West of Scotland, 40 miles west of Edinburgh. It is the 4th largest city in the UK and the largest in Scotland, with a population of circa 600,000, however there are around 1.2 million people in the Greater Glasgow urban area. 

Glasgow attracts high levels of tourism each year, with a huge number of attractions and amenities including the Kelvingrove Museum & Art Gallery, The Riverside Museum, The Botanic Gardens and Glasgow Science Centre to name a few.  The city is a cultural hub, with a number of theatres and concert venues including the Hydro, which regularly plays host to many of the biggest concerts and live shows.

THE PROPERTY

The subjects comprise the lower ground floor of this 4-storey, traditional terraced property all under a pitched tiled roof.

DESCRIPTION

The subjects are accessed directly from West Regent Street via a stairway leading down to the lower ground floor entrance.  The subjects benefit from prominent signage at street level and a large window provides lots of natural daylight.

Internally, the premises have been designed and fitted to a high standard in a bright and modern style. Customer seating is provided for approximately 20 customers with a mix of sofas, armchairs and loose tables and chairs.

A large stylish L-shaped counter/servery runs down the left-hand side of the premises and incorporates 2 serve over display chill counters.  To the rear of the counter there is a range of catering equipment including 2 stainless steel workbenches with undercounter refrigeration, coffee machine & bean grinder, 3 x soup kettles, toasters and panini grills.

The main kitchen area is to the rear of the premises and benefits from a range of cooking equipment including a double induction hob, double and single griddle plates, oven and microwave, as well as an undercounter fridge, dishwasher and sink. The subjects also benefit from a newly installed extraction canopy.

The subjects also benefit from a customer toilet as well as a storeroom with 2 freezers to the rear.

THE BUSINESS

Our client took over the business in 2016, which had traded as City Sandwich for approximately 15 years prior, and the business is therefore extremely well established in this location.

The business sells a good selection of breakfast and lunch dishes such as breakfast rolls, filled rolls, sandwiches, toasties, paninis, baked potatoes etc as well as soups and specials, all of which are fresh and handmade.  The business also sells a good selection of coffees, teas, soft drinks, cakes and home baking.

The business enjoys a loyal and regular clientele derived from the many surrounding offices and businesses as well as benefitting from tourism and the nearby hotels.

Our client currently runs the business to suit themselves and only trades Monday to Friday, 8am-2pm and run it completely on their own with no other staff.  It is felt that the business would benefit from slightly longer opening hours as well as with additional staff, particularly at busy mornings and lunchtimes which would allow for a much higher volume of business to be carried out.

TRADING INFORMATION

Full accounting information can be made available to interested parties, only after formally viewing the business.

FIXTURES & FITTINGS

We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.

BUSINESS RATES

The subjects are entered in the current valuation roll as having a rateable value of £10,700 and are therefore eligible for zero rates.

TENURE

The subjects are held on a 20-year lease from May 2016 with a current passing rental of £13,200 p.a. subject to 5-yearly reviews