An award-winning bar and restaurant in a popular Scottish location has been put on the market.
Smith and Clough Business Associates said the popular premises were recently closed because of a change in the owner’s personal circumstances and are in a walk-in condition.
The Finsbay Lounge in Milngavie, close to the starting point of West Highland Way, has 82 covers and a beer garden and pavement seating for around 100 in a “vibrant town centre position”, with a large free of charge car park adjacent.
Previous sales for free-of-tie business were around £15,000 to £25,000 per week.
“The business has won a number of awards over the years including East Dunbartonshire’s Best Business and Best Hospitality Business, and Best New Bar in the Scottish Bar & Restaurant Awards,” the agent said.
“The premises are set up to deal with high volumes of customers and we have been advised that average turnover was between £15,000 and £25,000 gross per week depending on the time of year, and barrelage was approximately 600 barrels per annum.
“Due to a change in our client’s personal circumstances the business has been closed since the middle of January however are literally in walk in condition, so a new owner could reopen the business immediately, or alternatively the premises would easily lend themselves to a new concept or cuisine style should a new owner wish.”
Smith and Clough said the leasehold is available at offers over £60,000 and £25,000 annual rent.
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