Restaurants for sale in Inveraray

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Lochside Restaurant Opportunity in Inveraray

Inveraray, Argyll and Bute, Scotland

  • Leasehold Price: £10,000
Seller Reference: Ban-diuc
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: Ban-diuc
Request Details
Business Description
BAN-DIUC
Quay Close, Inveraray, PA32 8XA

• Fantastic licensed restaurant/coffee shop opportunity
• Stunning trading position overlooking Loch Fyne
• Within historic and picturesque village
• Benefitting from high levels of tourism
• Designed and fitted to high standard (c.40 covers)
• 3-bed accommodation available subject to separate negotiation
• New lease available

LOCATION
The subjects benefit from a stunning loch side trading position on Quay Close, just off Front Street East, within the extremely picturesque and historic town of Inveraray, which is situated in Argyll & Bute, Scotland.
The subjects also benefit from their position adjacent to the town’s main car park, public conveniences and the dock, ensuring the area is always bustling with tourists and day-trippers, who flock to the town, which is famous for its picture-postcard, white, Georgian architecture. Nearby tourist destinations include Inveraray Castle as well as Inverarary Jail & courthouse which is now an award-winning museum.
Inveraray itself, is a former Royal Burgh, situated on the western shore of Loch Fyne, and is on the A83 road, a well-travelled tourist route linking Glasgow (64 miles), via the A82, and Campbeltown (75 miles).

THE PROPERTY
The subjects comprise ground floor of this 1 ½ -storey, Grade-B Listed property under a pitched slate roof with attic dormer features. The property is historically significant, being built in the 19th Century by the Duke of Argyll in memory of his wife, the Duchess of Argyll. The business also benefits from a couple of single storey outbuildings to the rear.

DESCRIPTION
Internally, the subjects were completely refurbished a few years ago, and have been designed and fitted to an extremely high standard in a traditional fashion to reflect the period and character of the property.
The property retains many original features such as wood panelling on the walls and ornate ceilings, and all improvements have been done sympathetically and to the highest standard, including an oak parquet floor, a large stunning chandelier, as well as a fire place and a large bar counter and gantry, all of which have been expertly crafted from oak.
The subjects can seat approximately 40 customers by way of quality oak and leather chairs and handmade oak tables.
The oak carved bar counter is positioned to the rear of the property and benefits from handmade, period, glass hanging lamps. To the rear of the counter there are display drinks fridges, coffee machine, glass washer and till system.

ANCILLARY AREAS
• Fully fitted and well-equipped catering kitchen
• Male & Female WC’s
• Ancillary storage area
• 2 external stores providing further storage and refrigeration.

OWNERS ACCOMMODATION
Our clients also own a well-proportioned, 3-bed flat in the town which could be made available subject to separate negotiation.

THE BUSINESS
Our client purchased the property, which previously traded as the Poachers Coffee House, in September 2009 before undertaking a complete refurbishment of the property and rebranding it.

Ban-diuc, is Gaelic for Duchess, a nod to the history of the property, which was built by the Duke of Argyll in the 19th Century in memory of his wife, and has traded as a tearoom, coffee shop or restaurant ever since.

Ban-diuc has most recently traded as a restaurant & grill, and before that an Indian restaurant, and can easily lend itself to suit a variety of cuisine styles without any real capital expenditure required. It is felt that it would be ideal for an Indian or Chinese restaurant given the lack of competition in the area, however would just as easily suit another style of operation.

Tenure:
Leasehold
Location Details:
The subjects benefit from a stunning loch side trading position on Quay Close, just off Front Street East, within the extremely picturesque and historic town of Inveraray, which is situated in Argyll & Bute, Scotland.
Leasehold Term:
Our client is willing to offer a fresh, full repairing and insuring (FRI) lease to an incoming tenant of negotiable duration. Initial rental offers in excess of £15,000 per annum are being sought.
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