Letterbox Restaurant is a well-presented boutique style restaurant which has an established loyal clientele. Situated in the centre of Newtonmore this charming business is presented in pristine condition with immaculate décor throughout both the business operation areas and the extensive owner’s accommodation. Both the premises and business operation reflects the imagination and sound application of the current proprietors, the business mirrors their professional endeavours and on-going investment. Appealing and warmth of ambience are two key descriptors when summing up the character of this well-developed business which offers an excellent range of modern and traditional Scottish cuisine utilising a range of locally sourced products; this operation provides seasonal fayre to a consistently high level. The quality of catering is supported by a superb standard of customer care focussing on a non-intrusive service style but with attention to detail in every respect. Service levels at the Letterbox Restaurant reflect the exemplary standards required by the owners who are supported by a small team of motivated staff.
The existing trading model has the two income streams of liquor and food sales. The current wine list is varied and meets the needs of a wide range of customers and tastes. The service of beers is from a range of bottled varieties. The standard of food production is excellent and has resulted in a growing turnover. The current trading patterns have been set to suit the proprietor’s personal preferences to enable them to make their family life a priority. The business has restricted opening hours undertaking evening meal service only in the summer. The development of a cafe / lunch trade during the day would undoubtedly increase sales and profitability. In the winter the business operates Wednesday – Saturday and is therefore not open three days a week. In addition, there is also scope to increase the number of covers within the restaurant.
The business comes to the market ready to operate with no requirement for further significant capital investment. Letterbox Restaurant became an established restaurant venue in 2010. The present operators have a young family and believe there is significant potential to develop the business further.
Letterbox Restaurant is an exceptionally well presented business with excellent owner’s accommodation. The business operation is laid out over a single floor at street level. The owner’s accommodation is set over two floors. The building is of traditional stone construction with pitched roofs.
The Restaurant has a commanding presence on the Main Street with excellent signage. The restaurant has a strong brand image and entry to the trading elements of the building is off the pavement to the front and through a glass panelled door. With large branded windows and tasteful recessed spotlighting, the immediate impact is of a bright spacious and well laid out restaurant. The clean and functional aspects of this business are evident but it also presents a warm and welcoming ambience. With a wooden floor and a wood servery, the natural feel of this establishment is apparent. The service point has a good quality fresh coffee machine, chillers, wash hand basin, electric till and is well stocked with wines, bottled beers and soft drinks. This first area is presently set to 14 covers. A door leads into the main restaurant area which is currently laid to 18 covers and continues with the same style of décor as the front portion of the property. Within this area is the WCs which are fitted out to an exceptional standard; there is a ladies/disabled facility and a gents.
The commercial kitchen is located immediately to the rear of the main restaurant facilitating ease of customer service. This exceptionally well fitted out workspace comes complete with top quality facilities, utensils, refrigeration units and food preparation aids. It has an effective extraction unit, tiled flooring and meets the highest standards both in facilities, cleanliness and output. The kitchen has a dry goods store and immediate access to the rear of the property to enable ease of deliveries etc. The premises are fully compliant with Environmental Health and Fire Regulations with modern detection systems.
Letterbox Restaurant is a substantial property with private gardens set to the rear providing access to the kitchen and owner’s accommodation. Laid mainly to grass and gravel, the driveway can accommodate 2 vehicles. There is a garage. There is a local authority public car park immediately to the rear of the premises and this affords customers easy access to parking and the Restaurant.
The subjects benefit from mains electricity, water and drainage. Propane Gas is used for cooking and the central heating system is oil fired. The premises are double glazed throughout.
The business trades profitably without exceeding the VAT threshold from restricted opening hours. Full accounting information will be made available to seriously interested parties subsequent to viewing.
Letterbox Restaurant operates a liquor license under the Licensing Scotland Act 2005 and a copy of this will be made available to interested parties post viewing.
Number of bedrooms: 4
The family accommodation is a significant attraction of this property comprising of a spacious double bedroom, a further double bedroom and a single bedroom. These three rooms utilise an exceptionally tidy bathroom. A fourth large en-suite bedroom is also available. Consideration could be given to utilizing some accommodation for letting purposes. Additionally, on the ground floor there is a commodious open-plan lounge with a dining area which is presented to an excellent standard. This easily maintained room has the benefit of an attractive multi-fuel stove. The subjects are enhanced by the provision of a modern and well-designed large kitchen and utility space. The owner’s accommodation have their own separate entrances and access to the rear garden.
The Restaurant is ideally situated to take full advantage of the many holiday lets, B&Bs and hotels within the vicinity. Likewise, its central location is perfect for locals, being right on the main thoroughfare in the Town. Newtonmore is well served with facilities, shops and services for visitors and sits within the Cairngorm National Park. The area is used as a central vacation base for exploring the wider area and taking in its many attractions. The region’s striking landscapes attract outdoor enthusiasts wishing to take advantage of the Cairngorm and Monadhliath Mountain ranges. Hill walking, mountaineering and water sports are ever popular in the summer season and the area benefits from ski provision, and snow and ice climbing in the winter. The more sedate outdoor pursuits such as bird watching and fishing also draw a great many visitors to the region who take advantage of the abundance of wildlife in the Spey valley. For the adventurous golfer a number of good quality courses are within the immediate area. The region is also famous for its castles and distilleries which appeal to the more pedestrian tourist.
Newtonmore enjoys a beneficial geographic location as a base from which visitors can continue their odyssey of both the Highland and Grampian regions but is also an ideal waypoint to travel over to the West Coast and Fort William. Newtonmore is a thriving Highland village with a strong sense of community with an excellent range of shops and facilities. Within the area there is excellent schooling up to High School.
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