Harbour Lights Peterhead is an imposing and commanding sports bar and themed music venue nestled in the heart of Peterhead town centre. Occupying a prominent position, the business combines the best of a town centre sports bar, a cocktail bar and a nightclub. Enjoying a stellar local reputation, it is hailed as the go-to destination in town.
This exceptional freehold opportunity has undergone substantial refurbishment, presenting itself to the market in impeccable condition. Noteworthy features include a delightful, heated beer garden, a perennial favourite among patrons. Recently, a state-of-the-art video wall was installed, creating a captivating focal point for sports enthusiasts, and adding a distinctive touch to the venue.
While the business primarily thrives on wet sales, the inclusion of a catering kitchen opens avenues for introducing food options at the discretion of a new owner. Currently managed by a competent bar manager and a dedicated team of full and part-time staff, the establishment is overseen by its current owners. Operating seven days a week, from 9 am to 1 am.
This multifaceted opportunity extends beyond its core offerings, generating additional income streams. Two commercial spaces are currently leased to a garage business and a dog groomer on a long-term basis.
The property also boasts two sizable residential units, one of which is tenanted by the current bar manager, presenting an immediate income source. The other unit, with its three bedrooms and spacious living areas, holds the potential to further increase revenue. Whether catering to long-term tenants or short-term self-catering accommodation, these properties add to the attractiveness of the opportunity.
The business has a rich history spanning over 50 years within the current owner's family, the decision to place the opportunity on the market is reluctantly driven by retirement plans.
This unparalleled opportunity encapsulates not only a flourishing business but a diverse portfolio of income-generating assets.
