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Restaurant/cafe for sale

£40,000 (£3,716.12/sq. ft) Guide price

Renfield Street, Glasgow G2

Restaurant/cafe for sale From 1 - 110 sq. m*
Interested in this property? Call +44 131 268 8358 * or Request Details

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Property description

Unique bubble tea and dessert franchise concept. International Taiwanese brand. High profile central Glasgow location. Well fitted store – 110.82 sq m. Franchise agreement with two additional Scottish store offerings. Rent £26,000 to include VAT. Net turnover for year ended December 2023 - £553,246. A superb opportunity.

Leasehold £40,000 + stock.

+ £50,000 for two additional scottish store franchise options.

Glasgow is the largest city in Scotland with a population of 635,000. The Greater Glasgow area is one of the most populous urban areas in the UK with a population approaching 1.7m. This population concentration makes Glasgow city centre a very busy retail, commercial and financial centre serving the centre and west of Scotland as well as beyond.

The subjects are located at the corner of Renfield Street and Bath Street in the heart of the city centre. This is a high profile and exceptional trading location that will maximise footfall and customer traffic.

Meet Fresh is a leading bubble tea and Taiwanese dessert concept. Outside of London and Edinburgh, Glasgow is the only other UK offering.

This is an outstanding opportunity for a motivated purchaser to acquire a well performing business and franchise concept with considerable room for growth.

The current store offers huge levels of potential for hands on owners, in addition the franchise contract allowing the expansion for two additional Scottish stores allows for considerable head room and growth for this exciting franchise concept.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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