Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

A Well Preserved, Unique And Characterful Restaurant Business For Sale

Blairgowrie, Perth and Kinross, UK
Freehold Price:
£550,000
Leasehold:
£95,000
Turnover:
Available on request
Net Profit:
Available on request

PRICE REDUCED.

A well-established and popular restaurant with a bar. A stunning redevelopment of a former church (B listed). Unique period property restored with much care and attention. Very successful restaurant business – opened in 2018. Ample space for 80 people with 20 seats for the separate bar area. Superb commercial kitchen. West facing patio – ideal for outside dining. Large car park and ground in the centre of the town. The rateable value as per April 2023 is £29,900. Net turnover 30/6/22 - £502,666.

FREEHOLD Guide price £550,000 + STOCK AT VALUATION.

LEASEHOLD OPTION AVAILABLE - Premium £95,000 and rent £50,000.

Blairgowrie is the largest town in Perthshire, with a population of circa 10,000, and serving a large rural hinterland. The town still has a busy High Street where a mix of national retail operators trade alongside an interesting and diverse range of privately owned specialist shops. The town also benefits from a thriving tourist trade, where visitors are drawn to the many local attractions including golf, field sports and fishing. The Angus Glens, the city of Perth, Scone Palace and the late Queen Mother’s ancestral home of Glamis Castle are all located close by, while the winter ski resort of Glenshee and the fringes Royal Deeside are 17 miles to the North on the A93.

The restaurant enjoys a very prominent trading position in the heart of Blairgowrie, astride the A93. The restaurant is a former church constructed in red sandstone with accommodation over ground floor. The property lies under a multi-pitched roof with a bell tower.

The property was sympathetically, and painstaking restored and converted to a licensed premises in 2015. One of the largest tasks in the restoration was maintaining and restoring the stain glass window to the south facing side of the property. The restaurant upon entry has that striking wow factor. The size of the ceilings and the stunning original stain glass window create a unique atmosphere and dining experience.

The owner has decided to place the business on the market in order to consider their retirement. At present the business is open 5 days per week, Tuesday to Saturday, trading for breakfasts, lunch through to dinner. The restaurant is currently ranked #1 on TripAdvisor for Blairgowrie.

The business is offered for sale on a Freehold basis. A guide price of £550,000 is sought for the business & property. Stock will be additional at valuation.

Our clients will also consider a long term lease with a premium of £95,000 and a rent of £50,000 per annum. The lease will also include an option to buy.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Our clients will also consider a long term lease with a premium of £95,000 and a rent of £50,000 per annum. The lease will also include an option to buy.

Location:

The restaurant enjoys a very prominent trading position in the heart of Blairgowrie, astride the A93.

Premises Details:

There are two principal customer entries; a large vestibule entry to the front with (closed off) access to the bell tower. This then leads directly into the main restaurant space. There is an additional entrance at the side of the property (with disabled access) leading to the separate bar. The restaurant (80) upon entry has that striking wow factor. The size of the ceilings and the stunning original stain glass window create a unique atmosphere and dining experience. Diners are met upon entry at a reception and desk, in total the restaurant can cater very easily for 70 covers. Ladies, gents and disabled toilets are well appointed off the restaurant area. At the rear of the restaurant (also accessed separately at the western side of the property) there is a very snug bar (20) with wood burning stove and separate bar counter. The bar is an excellent addition, allowing for a relaxing post dinner aperitif or pre dinner cocktail. Service areas in the business include a super fully fitted commercial kitchen as well as associated stores and staff areas. There is also a large cellar which is accessed at the site of the property.

Business Operation

Reasons for selling:

Retirement.

Trading hours:

Open 5 days per week, Tuesday to Saturday.

Other Information

Related Documents:
Leasehold asking price:
£95,000