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Highly Profitable, Established Restaurant & Bar In Dunoon For Sale

Dunoon, Argyll and Bute, UK
Asking Price:
£395,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

The 51st State and La Cantina Restaurant
200/202 Argyll Street, Dunoon, PA23 7HA

  • Long established Bar & Tex-Mex grill/Italian restaurant business (110 covers)
  • Recently extended, substantial premises trading over 2 floors with separate entrances
  • Prominent trading position within heart of vibrant coastal town
  • Ground floor: c.46 covers (51st State) and basement: c.64 covers (La Cantina)
  • High levels of turnover & profits with consistent growth
  • Benefits from the many events & festivals held each year including Cowal Gathering

Property Information

Property:

Freehold

Location:

Situated in the heart of Dunoon on Scotland’s scenic Cowal Peninsula, the business enjoys a prime position on the town’s bustling Argyll Street, the town’s main retail & licensed thoroughfare, just a short walk from the ferry terminal and waterfront.
Dunoon is a popular destination for tourists and day-trippers, drawn by its stunning coastal views, outdoor activities, and local events. The town benefits from steady footfall throughout the year, especially during the summer months and during the many regular events and festivals such as the Cowal Highland Gathering, Argyll Rally, Dunoon Tradfest and Punk on the peninsula.
With easy access from Glasgow via road and ferry, the restaurant is ideally located to attract both local residents and visitors alike, offering strong potential for consistent year-round trade.

Premises Details:

The subjects are accessed directly from Argyll Street via a door positioned to the right-hand side of the large display frontage, although there is also a separate main entrance to the basement level from the rear accessed via a side lane.
The ground floor is home to The 51st State which trades as a themed American/Tex-Mex bar & grill and the place is adorned with memorabilia and artefacts. There is seating for approximately 46 customers by way of booth seating, loose tables & chairs and stools, with a bar/servery positioned to the rear of the restaurant.

The basement level is home to La Cantina which can be accessed via a staircase to the rear of the ground floor restaurant, however benefits from its own main entrance at the rear of the property. Both venues now operate with the same menu, however this area has more of an Italian taverna feel to it, with a relaxing ambience complementing the more casual offering upstairs. La Cantina can seat approximately 64 customers by way of booths, banquet seating and loose tables & chairs, and this area also benefits from its own bar/servery.

ANCILLARY AREAS

  • Commercial kitchen with separate dishwash area & walk in fridge & freezers
  • Male & female toilets on both levels plus disabled toilet/baby change
  • Beer Cellar
  • Large office
  • Ancillary storage areas

Business Operation

Years established:
2002

Other Information

Related Documents: