An outstanding opportunity. Huge trading potential for new owners. Retirement sale – same owners for the last 16 years. Currently trading as a wet sales pub only. Well-presented public house. Under-utilised first floor restaurant (60 Covers). Panoramic views over the river Tay towards Dundee. Excellent opportunity to re-establish a busy restaurant. Would suit a variety of different cuisine trading styles. Paved beer garden to the rear and exterior seating to front.
FREEHOLD Guide price £275,000.
The town of Newport on Tay is home to around 4000 residents on the southern banks of the River Tay looking directly towards Dundee city centre. The town is positioned directly between the road and rail bridges over the Tay, acting as a popular commuter town for the city. Dundee is the 4th largest city in Scotland and home to a growing population of more than 150,000.
The Brig O’ Tay is located just off the High Street in Newport on Tay, on Boat Road, occupying a well-presented shore side trading location.
The property comprises of a ground floor public bar with pool table, jukebox, gaming machine and TV’s, former games/darts room, ladies and gents’ toilets and three stores. The first floor has the restaurant which seats 60 covers with superb views over the Tay, guest lounge, commercial kitchen, freezer room, beer cellar, office and spirit store.
To the rear of the premises there is a beer patio. In addition, there is a provision for outdoor licensed seating at the front of the property.
The business has been owned and run by our clients for the last 16 years. Our client has traded as a popular bar and restaurant but only latterly has chosen to trade from the pub with wet sales only. The owners are selling for retirement reasons with our clients reaching 80 and 79 respectively. Despite their generous years our clients still operate a busy public bar but do offer the business for sale with significant trading potential for new owners. New owners will immediately capitalise on the restaurant space views, to hopefully launch a successful food offering commensurate with the views. The restaurant space certainly lends itself well for functions, celebrations and wakes.
The business trades with full class 3 cooking consent as well as a premises licence.
This opportunity is sure to be of interest to younger, enthusiastic owners who can harness the trading numbers produced by our clients.
