Great opportunity in the Highland honeypot location. Licensed 90 cover restaurant/bar with outside seating area. High profile trading location on Aviemore’s main street next to main bus terminal, train station and taxi rank. Property forms part of Aviemore’s beautifully presented Victorian Railway Station. Lock-up business - turn-key and ready to operate. Very well presented with full commercial kitchen facilities. 2019 saw the restaurant undergo a full 6 month refurbishment to a very high standard. Attractive fixed overheads (ground rent £22,910). Lease until 2032 with opportunity to extend.
LEASEHOLD PRICE £195,000
Aviemore is one of the most popular tourist locations in the Highlands with the focus of the towns businesses geared around summer and winter tourism. The town is one of the most visited locations in Scotland throughout the year, with the population swelling especially during the busy summer season with visitors from the UK, Europe and Internationally.
The Highland Line Restaurant occupies a highly visible trading location with the building forming part of Aviemore Railway Station, located in the centre of the village directly across from Cairngorm Hotel. The town taxi rank and main bus terminal is directly outside the restaurant.
The property underwent a substantial refurbishment and upgrade in 2019. At the time the business was rebranded as The Highland Line and our clients invested in a modern and sympathetic refit to tie the business and property more effectively into its railway surroundings. The business is licensed and can comfortably cater for 90 covers. This opportunity provides purchasers with a well presented, ready to open and high profile restaurant occupying the best trading location in Aviemore.
The business is offered for sale on a ground lease from Scotrail. The annual rent is £22,910 and the lease terms are very similar to a standard lease except that the annual rental figure is expressly limited to being calculated at no more than 75% of market rent. The current lease runs to 2032 and it is likely that the landlord would be open to extending the lease period after the sale. More details will be made available after a formal viewing.
The asking price is £195,000 to represent the lease, goodwill of the business, all fixtures and fittings, bar and kitchen equipment.