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Millport Restaurant Opportunity New Lease For Sale

Millport, North Ayrshire, UK
Asking Price:
On request
Turnover:
On request
Net Profit:
On request

The owners of the former Water Sports Centre near Millport on the Isle of Cumbrae are searching for a tenant and operator to take over the running of the new licensed restaurant within the development.

The proposed Dun Creag Shores development represents a significant investment in
the future of the Isle of Cumbrae, with the potential to enhance the island’s tourism
offering while delivering lasting benefits for the local community.

The site will include renovating 3 detached lodges already on-site to create high
quality, luxury letting accommodation for families or small groups. Planning
permission has already been granted to create a further 34 lodges on land to the west
of the main building, together with plans for up to 11 hotel rooms within the central
property.

The owners will also develop a new gym facility which will be available to locals and
visitors to the site, and a spa will be created at lower ground floor level in the main
building.

By creating high-quality accommodation and visitor facilities, the development is
expected to encourage longer stays, increase visitor spending in local shops, cafés,
restaurants and attractions, and support year-round employment. Importantly,
developments of this nature can help strengthen the island’s economy, provide
opportunities for local businesses, attract further private investment and contribute to
the long-term sustainability of Cumbrae as both a thriving community and one of
Scotland’s most accessible island destinations.

The project also aligns with wider ambitions to improve the quality of the tourism
offer, diversify the local economy and encourage sustainable growth that benefits
both residents and visitors. A quality food and beverage offering within the central
hub of the site will benefit from improved footfall and visitor numbers to the island.
Cumbrae currently enjoys welcoming over 700,000 annual visitors and almost
200,000 vehicles to the island per year.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

A new lease will be created with significant incentives available for an ingoing tenant.

Location:

Located on the Isle of Cumbrae, a short ferry crossing from Largs on the Scottish west coast

Premises Details:

The space will be located within part of the upper floor of the former water sports centre a short distance from the ferry terminal on the Isle of Cumbrae. The new owners are developing the site to create a leisure destination venue with holiday letting accommodation, gym and spa. We are seeking a new tenant and operator for the space which will be developed to provide a quality licensed restaurant and function space with outdoor terrace and detached roadside kiosk for takeaway service.

Energy Performance Rating:
G

Business Operation

Years established:
0

Other Information

Related Documents: