Venue inspired by iconic Glasgow artist on market
A “GLASGOW institution” at the heart of the city’s Buchanan Street is for sale via property firm CDLH.
Described as benefiting from a loyal regular clientele, high footfall and being one of the city’s “must-see attractions” for many visitors, The Willow Tea Rooms was established in 1997 by current owner Anne Mulhearn and is inspired by acclaimed Glasgow artist Charles Rennie Mackintosh.
Over three floors, the 4600 sq ft venue comprises the White Dining Room restaurant on the first floor, the Chinese (Blue) Room restaurant at second floor level, while office accommodation and storage space is provided on the third floor.
Mulhearn said: “The Willow Tea Rooms has been a joy to create and operate along with my first-class management team and staff.
“However, after many fun and successful years I have made the difficult decision that it is time to retire. I know that I am passing on a fantastic business, in a prime site, with real potential, particularly to develop the brand.”
CDLH director, Alan Creevy, said: “This is a unique opportunity to acquire a highly profitable business with sales over £1 million per annum, which will undoubtedly be of interest to existing operators, as well as those simply wishing to enjoy the ownership of a much-loved Glasgow institution.”
The business is available for offers over £125,000 for the leasehold interest, with an annual rent of £65,000.