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Superb Coastal Restaurant/development Opportunity In Sought After Village For Sale

Portpatrick, Dumfries and Galloway, UK
Asking Price:
£260,000
Turnover:
Available on request
Net Profit:
Available on request

Harbourside premises in sought after trading locale. Former 50 cover restaurant. In need of internal Capex. Lock up property – huge potential. Outstanding residential development opportunity (STPP). Historic turnover in excess of 300k net per annum.

FREEHOLD Offers over £260,000.

The village of Portpatrick is located on the south-westerly coast of the Scottish mainland, cut into a cleft in steep cliffs set around a small bay and harbour. Portpatrick and the area around the village is long synonymous with holiday homes and caravan parks and being a welcoming tourist village on the most southerly of the Scottish coasts.

The subjects occupy a prominent trading location in the heart of the village on the harbour front amidst the pastel coloured sea fronting businesses and houses.

Portpatrick is approximately 10 miles from Stranraer and a further 5 miles north to the important ferry port of Cairnryan which connects tourists, business and daily commuter traffic across the Irish sea to Northern Ireland. Cairnryan is still one of the most important ferry terminals in Scotland heavily utilised by the public, freight as well as tourists.

Portpatrick is approximately 8 miles off the A75, the main motor route which connects Dumfries & the M74 motorway to Stranraer. Glasgow can be accessed within a comfortable 2.5 hour drive whilst Edinburgh is approximately a 3.5 hour drive to the north. The English border and the M74 are approximately an hours drive from Stranraer.

This is a very exciting opportunity for a motivated buyer to acquire a very well positioned property in one of the most sought after locations in the South West of Scotland.

Until recently the property has traded as a very successful restaurant catering for a strong local and tourist market. The opportunity now exists for an operator to re-establish a licensed opportunity in a first class trading location with superb harbour views.

Equally, subject to planning, the property could potentially revert easily to residential use.

Freehold. A guide price of Offers Over £260,000 is sought for the heritable interest in the property and all fixtures & fittings pertaining thereto.

Property Information

Property:

Freehold

Location:

The subjects occupy a prominent trading location in the heart of the village on the harbour front.

Business Operation

Expansion Potential:

Until recently the property has traded as a very successful restaurant catering for a strong local and tourist market. The opportunity now exists for an operator to re-establish a licensed opportunity in a first class trading location with superb harbour views.
The property also offers an outstanding residential development opportunity (STPP).

Other Information

Related Documents:
Business closed / Asset sale:
Yes