Its current form is the latest incarnation of the bar, restaurant and club that first opened in 1999 and is now on the market for offers over £200,000.
Saint Judes on Bath Street in Glasgow is in “a prime trading location within one of the city’s busiest hospitality and nightlife destinations,” according to the agent.
The venue’s website states: “Since 2013, Saint Judes is renowned across Glasgow for our mix of both classic cocktails with a Glaswegian twist, and our exclusives that will keep you coming back for more.”
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The agent marketing the sale, Scottish Business Agency, described the lot, saying: “Saint Judes is a well-established and highly recognisable Glasgow hospitality venue, offering a stylish blend of bar, restaurant and late-night entertainment space across a substantial city centre premises.
“The business combines a contemporary yet characterful fit-out with versatile trading areas suited to daytime dining, evening drinks, private events and late-night trade. Its diverse offering includes quality food service, a strong cocktail and drinks proposition, function and event hire facilities, and an established nightclub element, allowing operators to benefit from multiple revenue streams throughout the week.
“The property is presented in strong operational condition, offering a turnkey opportunity for a proven hospitality venue within Glasgow’s competitive leisure market.”
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Saint Judes currently trades Friday-Sunday with a 3am licence.
The business has an EBITDA of £120,000 per annum, generated by multiple function spaces, each suitable for 15-150+ capacity.
It was refurbished and relaunched as Saint Judes in 2013.
Upon purchasing the business, the lease will be assigned to the buyer.
It has 16 years remaining on an FRI basis with an annual rent of £75,000 plus VAT.
