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Glasgow Live
Glasgow Live
National
Alexander Smail

Glasgow property: Popular West End restaurant and bar for sale after gutting closure

A West End property is available to buy after a popular restaurant and bar in the space closed last year.

The "superb opportunity" is located in "a premier trading location in Finnieston" on Radnor Street. According to the listing, it is "one of the best and most sought after trading locations in Glasgow".

The space was previously occupied by French wine bar and bistro Le Petit Cochon, which announced its surprise closure in November 2021. The owners of the much-loved food spot announced that they had to close the restaurant after "being hit by the worst of times".

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The listing on BusinessesForSale.com states: "A superb bar & restaurant opportunity in a premier trading location in Finnieston, Glasgow. One of the best and most sought after trading locations in Glasgow.

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"76 covers over ground floor & mezzanine level. Extensively refitted and refurbished in 2017.

"Impressive trading levels but with capability to do more. Passing rent £50,000 per annum. Rateable value £34,000."

The property is a "superb opportunity" (Cornerstone Business Sales and Valuations)

It continues: "Versatile trading space capable of morphing into different styles and trading cuisines. Site is currently closed and in need of internal capex before reopening. Shell –like condition front and back of house."

The business trades with a premises licence and full class 3 cooking consent. The listing states it is "offered for sale on a leasehold basis".

There is accommodation space on the ground and mezzanine levels (Cornerstone Business Sales and Valuations)

The business occupies the ground floor and basement of the building, with bar and restaurant accommodation on the ground and mezzanine levels. There kitchen and services are also on ground and basement level, and the property has permission for outdoor tables and chairs.

Among the "lease highlights" are a "new full repair and insuring lease", a negotiable lease length, an initial rent of £50,000, and a six-month rent deposit.

The business also occupies the basement (Cornerstone Business Sales and Valuations)

More information and photos are available here.

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