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Aberdeen Northern Hotel Restaurant New Lease For Sale

Aberdeen City, UK
Asking Price:
£25,000
Turnover:
Available on request
Net Profit:
Available on request

Drysdale and Company have been instructed to market the attached restaurant opportunity by way of a new lease.

- Restaurant, Bar & Event Space – repairing & insuring.
- Ground floor (over 1900 sq, ft) with a fully fitted kitchen with storage.
- A highly visible site, located in a highly-populated area of the city near the university and hospitals.
- Flexible terms, incentives available.
- Located on Great Northern Road, a primary arterial route into Aberdeen with easy access to the bypass via the A96.

Property Information

Property:

Leasehold

Lease Terms:

A new lease is available on Internal Repairing and Insuring terms. All lease terms are
negotiable although the landlord will be seeking a minimum 10-year term.

Leasehold Rent:

£18,000 per annum

Location:

The Northern Hotel occupies a prominent roadside position on Great Northern Road, forming part of
the A96 at its junction with Clifton Road, in the Kitty Brewster area of Aberdeen. The surrounding area incorporates a mix of uses to include residential, commercial and retail properties with a
retail parade situated adjacent to the hotel with operators including Ladbrokes, Dominos, and other
independent retailers. The property is situated a mile north of the city centre on one of the main
arterial routes and as such benefits from a high volume of passing traffic. The area is popular with the resident student population, is less than a mile from Aberdeen University campus, as well as
being close to Aberdeen Royal Infirmary.

Premises Details:

The restaurant space offered to rent includes part of the ground floor of the Northern Hotel, an A-listed Art Deco landmark built in 1938, it occupies an imposing corner location on the northern side of Aberdeen, where its distinctive V-plan layout and bold curved angles make it a striking and memorable feature of the city.
Besides the 32 bedrooms in the hotel, sleeping 61, the hotel also has the Clifton Bar and conference and wedding facilities, which will also bring further catering opportunities to the tenant.
The catering outlets in the hotel comprise of :
1. Restaurant – 80 covers
2. Clifton Bar – 60 covers
3. Ballroom – 200 covers
4. Astoria – 50 covers
5. Room Service up to 64 Covers
6. Resident Breakfasts 16350 covers (70% occ)
Locally, the restaurant is perfectly positioned to benefit from the large residential and student population, while also benefitting from a high level of passing trade. Ample parking is available in the immediate vicinity.
Toilet and ancillary storage space is also provided.
The restaurant currently called Ellington’s has a capacity of up to 80 and provides an
informal atmosphere with its feature circular Art Deco bar and comfortable surroundings,
The fully fitted kitchen is accessed via a service corridor.

Size in square feet:
Restaurant 121.48 sq.m (1,308 sq.ft) Kitchen 58.58 sq.m (631 sq.ft)

Other Information

Related Documents:

Contact Drysdale and Company

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