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Freehold Of Commercial Premises In High Street Location In Elgin For Sale

Elgin, Moray, UK
Asking Price:
£150,000
Turnover:
Not applicable
Net Profit:
Not applicable

A wonderful opportunity has arisen to purchase the freehold of a first-floor commercial premises currently operating as a 130-cover restaurant. The property occupies a prime location on the town’s High Street while the interior benefits from vibrant décor, creating a pleasant and relaxing ambiance.

- 130-Cover
- Restaurant
- Annual Rent £33,800
- City Centre Location
- Excellent Investment Opportunity

An exceptional opportunity has emerged to acquire the freehold of a first-floor commercial property currently functioning as a 130-cover restaurant. Situated in a prime location on the town’s High Street, the property boasts vibrant décor within, fostering a delightful and soothing atmosphere.

Currently, there is a fully licensed restaurant operating from the premises. The restaurant has a capacity for 130 covers and would be suitable for a variety of dining establishments.

The property comprises the first floor of a three-story end-of-terrace building and includes a further four-room unoccupied accommodation on the second floor. Entry to the building is gained at ground floor level by the main front door on High Street or at the rear of the property via the fire exit. Internally, there is a stair and passageway serving the upper floors and a foyer at first-floor level leading to the restaurant.

Tastefully decorated, this restaurant is exceptionally well maintained and presented throughout. Entering the restaurant through double doors from the foyer, visitors are presented with a seated waiting area and a raised 14-cover lounge with wall-fixed soft seating, free-standing tables and chairs, and a service bar with large windows overlooking the High Street. Flowing to the right is the extensive main restaurant with a service bar and a mix of free-standing tables and chairs, and booth-style dining tables creating a total of 130 covers.

All dining facilities are well maintained and modern in keeping with the vibrant color scheme and décor found throughout the property. A well-equipped and maintained commercial kitchen exists at the rear of the restaurant with a variety of commercial cooking appliances and additional storage areas providing huge potential and capacity for increased production. Separate ladies' and gents' WC’s and a cloakroom are accessed from the main restaurant area.

The sale includes an unoccupied four-room property arranged over the second floor which is accessed via stairs from the first floor and provides views over the front and rear of the property. Any proposed change of use for the second floor together with relevant applications for consents and/or authority from the Local Authority where applicable are the responsibility of the applicant.

The building is constructed from traditional stone and slate and forms part of an attractive end-terrace property that includes a restaurant and retail unit. Large windows maintain a bright environment full of natural light. On-street parking is available outside the building with numerous public parking areas located in the vicinity.

Property Information

Property:

Freehold