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Restaurant And Bar In Inverness For Sale

Inverness, Highland
Asking Price:
£595,000
Turnover:
Not applicable
Net Profit:
Not applicable

CCL is delighted to bring to market Number 27, a popular, prime site, City Centre Bar and Restaurant situated in a prime trading location in the heart of Inverness. It benefits from all year round trade being a popular venue for locals and visitors while the Restaurant proves to be a thriving success, renowned for great food and attentive service. This sale represents an ideal opportunity to purchase a highly regarded business presented in true walk in fashion.

Fully Licensed Bar
45 Cover Restaurant
Prime trading location
Strong trading figures and excellent margins.
Healthy weekly sales
Excellent reviews and repeat business
Well presented and maintained.
Quality furnishings
Freehold purchase (possible Leasehold options available)
Offers Over £595,000

Number 27 is well established with a great reputation for atmosphere, quality of food and service. It is a favoured retreat with locals and the many visitors who frequent the area and together with its central location, these factors have ensured that the business maintains consistently high trading margins from both wet and food sales throughout the year while.

The hospitality industry remains a high value and sustainable sector in Inverness with the City overflowing with visitors during the summer months attracted to the rich variety of places to visit and things to do both in and around the city. Events such as the Scottish Open Golf Championship, Loch Ness Marathon, Inverness Highland Games, Groove Music Festival, Blas Festival, Belladrum and several major music artists have played in Inverness over the last few years. The City attracts travellers from far and wide to experience the range of activities on offer. Tourism itself is a key business sector in this vibrant and cultural City which promotes a dynamic economy with a modern infrastructure, strong sense of community and outstanding lifestyle advantages.

Operated at present with the aid of a manager & modest staffing assistance, this is an easily managed and well run business that enjoys much repeat custom. The establishment maintains a consistent trade with a strong turnover while the property is in immaculate condition throughout, new owners will be able to commence immediate trading and benefit from a healthy income.

Property information

Property:

Freehold

Location:

Number 27 is located in the heart of Inverness on Castle Street, a 5min walk from the Eastgate shopping centre and close to local services, amenities, shops, entertainment venues, restaurants, pubs, theatre and the River Ness. Inverness Castle which is about to be developed into a large tourist attraction is just across the Road.

Inverness is the capital of the Highland’s and boasts the most extensive and diverse all year round tourist trade offering a host of activities and historic landmarks to both locals and visitors. The city offers an unrivalled quality of life providing a pleasant and safe environment in which to live. It is free from the congestion that troubles many cities and the standard of service is high.

It is also an important centre for trade and commerce for the wider Highlands and Islands. As the City grows it is developing all the key successful characteristics, offering strong communication and transport infrastructures. Inverness is, and has been for a number of years, one of the fastest growing Cities in Europe. Many new industries are also now being attracted to the city, most notably renewables. It’s connected with the rest of Scotland by major trunk roads and rail services with the Airport providing daily flights to London, Europe and several other locations in the UK and Ireland. The Airport is about to undergo its second major extension to the terminal in recent years.

Premises Details:

The property has been well maintained and presented throughout having been refurbished to a high standard of modern carpentry and furnishings. Set over two floors with all public areas being located on the ground and staff/management facilities being located on the first, the property is offered in true walk in condition ready for a smooth hand over and the immediate commencement of trade by perspective buyers.

Entering through the main front door, visitors are presented with a spacious bar area with free standing tables and chairs, and a large flat screen TV for all essential sports coverage. An impressive solid wood bar with complimentary counter running the length of the room is located to the right while a raised dining area tendered for informal dining, is located at the rear provides ample space to accommodate a further 40+ covers. Meals are also served in the Bar area therefore increasing the number of covers.

Beyond the dining area is a generous open plan commercial kitchen that’s fully equipped and benefiting from ample surface and preparation areas. The area has been maintained to high standard and benefits from a separate prep kitchen, additional storage space and work areas.

The ground floor also includes disabled and gents toilet facilities and drinks store and a good sized functional cellar. The first floor provides ladies toilets and plenty of convenient space for staff and management facilities comprising a large staff room and management office. Due to substantial floor space on offer, this floor also presents the opportunity to expand public trading area and perhaps create a private dining or meeting room.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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