• An outstanding licensed restaurant / café, set within a superb trading location in the attractive village of Strathpeffer in the Highlands of Scotland.
• Stunningly presented business with up to 60 covers internally and additional external seating plus excellent service areas with high-quality fixtures and fittings.
• Trading most profitably as a popular restaurant with restricted hours but with potential to develop trade further.
• Modern and beautifully appointed 2-bedroom owners' accommodation available under separate arrangements.
• Attractive outdoor spaces plus ample public parking combines to make this a most desirable acquisition.DESCRIPTION
The RedPoppy is a highly appealing restaurant operation, benefitting from an excellent trading location within the attractive village of Strathpeffer, which is set within some of the most striking scenery Scotland has to offer. The restaurant is centrally located in this ever-popular village which is a much sought-after residential area plus a destination holiday centre which draws in a constant stream of visitors during the main holiday season. A well-maintained property which has been fully refitted in recent years, it offers a genuine walk-in operation and is a must-view property for anyone wishing to trade a prestigious café / restaurant in a charming setting. The business is profitable and has all the qualities required of a sustainable venture. The quality of fixtures and fittings reflect the modern requirements of discerning customers which is also mirrored in the excellently provisioned service areas.
The present operator takes great pride in managing this charming and vibrant business to customers, ensuring they receive a particularly warm and friendly Highland welcome. The business benefits from an open-plan layout which comfortably seats around 60 covers. Externally, there is an area of decking which is used for customers to take meals alfresco plus there is external seating to the front. The behind-the-scenes service areas include a stunning and well-appointed commercial kitchen plus pot-wash area. There is a separate food preparation area off the main kitchen. There are adequate storage areas, an office, and separate staff washroom facilities.
On the first floor is a spacious and attractive 2-bedroom family flat which is available under separate negotiation but is included as a potential living space for the new operators of the business. This modern and well-appointed accommodation benefits from an open-plan kitchen/dining room and lounge plus a bathroom. The spacious trading elements combined with modern accommodation present a stunning business opportunity, offering a true quality of life and employment platform plus a comfortable family home.
The sale includes the property on a leasehold basis plus the business as a going concern. The fixtures and fittings will be left in situ but remain the property of the landlord and form part of the FRI lease.TRADE
The restaurant is a well-established licensed business offering a strong level of service and has an excellent reputation. Its location is popular within the local community as well as the transient tourist activity, achieving high levels of repeat trade. The premises are maintained to a very high standard of presentation with no need for further significant capital expenditure. This outstanding business is being sold as a profitable turn-key operation. The building and internal facets offer an easy-to-operate trading model. The restaurant presently trades on a year-round basis generating a commendable level of turnover and producing a profitable return. However, the RedPoppy is only open 5½ days out of 7 thus offering the next owners the opportunity to develop business further. Moreover, the restaurant could develop a stronger lunch-time / café service, which was not the priority for the current owner. Extending opening times and being available 7 days a week during peak trading periods would undoubtedly make this a more profitable business venture.
Tourism is a main driver of trade and the area draws in many visitors who undertake walking / climbing holidays, water sports, fishing, game sports or partake in a more leisurely excursion of the many sites of historical interest or just taking in the array of natural landscapes. Other visitors include ornithologists and naturalists who find an abundance of wildlife to keep them busy for an extended stay. The prominence and stature of the restaurant is such that it is easy to locate for those who have booked a table but also for the casual passer-by seeking refreshments. The business is well-signed and has an excellent reputation locally plus on the various review websites.STAFFING
The business is operated by a flexible team of full-time and part-time local staff.REASON FOR SALE
The current owners wish to reduce their business commitments and focus on their events catering business thus this outstanding opportunity is now presented to the market.LOCATION
Strathpeffer is popular as a base for exploring the Scottish Highlands with excellent access to the beautiful West Coast, Caithness and Sutherland and Inverness-shire. Only 10 minutes away is the busy market town of Dingwall and from there the arterial A9 with access to all points North and South. Strathpeffer itself needs little introduction as the spa village's healthy natural spring waters were deemed the "most efficacious in Britain" by Dr Thomas Morrison in 1819. The picturesque village remains a premier tourist destination today with its own 18-hole golf course and an abundance of walks and cycle tracks. The village attracts many wedding parties who take advantage of the special atmosphere the beautiful buildings provide. Weekly performances by the Strathpeffer and District Pipe Band complete with Highland dancers are a major attraction. The restored Spa Pavilion, a range of craft and gift shops and the Highland Museum of Childhood ensure plenty choice for visitors to the area. Further investigation of the locale reveals a curious story about the infamous Brahan Seer (a 16th Century prophet) and the local "Eagle Stone" which is found in the village. This tale and the nearby 16th century Castle Leod, seat of the Clan Mackenzie and now open to the public are both noteworthy.
Strathpeffer in addition to being a well-known tourist destination, is a popular residential village with a population of c1500. It's beautiful and imposing Victorian buildings appeal to a wide range of tourists and residents and has a strong sense of community, with schools, golf course and welfare facilities. Locally there is a wide range of small shops, art gallery, gift shops, hotels, B&Bs, self-catering units and visitor attractions. The Highland capital, Inverness, 21 miles distant is served by an airport and a main-line railway station. There is primary schooling in the village with secondary education in Dingwall.THE PROPERTY
The restaurant dates from the early 1900s but has been fully modernised in recent years. The property is a substantial detached two storey unit, built under a pitched tiled roof. The restaurant and all trading elements are set to the ground floor. The family accommodation is located on the first floor and is accessed via a private entrance to the rear.CUSTOMER AREAS / SERVICE AREAS
The main entrance to the restaurant / café is set to the main road through the village offering prominent signage options. The entrance allows access into an open-plan customer area where guests are presented with a modern dining experience with a service point to rear of the room. Across the customer areas there are quality fixtures and fittings with picture windows to the front aspects. Throughout the windows are double glazed with roller blinds, offering ample natural light. The restaurant is set to two distinct areas and benefits from free-standing tables and chairs to accommodate up to 60 covers. The tables are well-spaced to facilitate ease of service. Both ladies and gents W.C.s are located to the rear of the restaurant.
The customer areas are well-supported by spacious service facilities. Accessed from immediately behind the bar, there are bottle chillers and further inward a general store leading to a compact office. A separate door leads to a spacious and well-appointed commercial kitchen and pot-wash area. There is a separate preparation room off the main kitchen which in turn leads to a general storage area. The kitchen is modern and is fully capable of servicing a high level of demand for catering output. A private staff washroom is located off the store. All areas are well-appointed with good levels of service equipment. A further access point is located to front of the building for deliveries and staff access. All areas are well-appointed with good levels of service equipment.OWNER'S ACCOMMODATION
On the first floor there is a 2-bedroom owner's flat which is available at an annual rent of £7,800 and by separate negotiation. This modern apartment was renovated in 2016 by the current owner to a high specification and is conveniently situated for owner operators wishing to have a hands-on operating role in the business. A well-appointed home, the accommodation offers ample living space for a small family with two large bedrooms, a family bathroom plus an open plan kitchen and living area. Further details of the accommodation are available from the selling agents.GROUNDS
With excellent signage options from the main road, the restaurant is a substantial property which is easily located. To the front aspects there is a small parking / delivery area. There is permissible external customer seating to the front aspects plus a patio area to the side aspects. To the front of the restaurant across the road is a public car park.SERVICES
The property benefits from mains electricity, water and drainage. Heating and hot water is all electric. The premises are fully compliant with extant fire regulations and environmental health requirements.LEASE HEADS OF TERMS
Capital Premium: £70,000.
Rent: £30,000 PA (£2,500 per calendar month).
Rent Payments: Quarterly in advance.
Rent Reviews: Every Five years in line with RPI.
Lease Duration: 10 Years.
Lease Type: Full Repairing and Insuring; lessee bears the cost of Insurance.
Conditions: Condition survey by mutual Agreement and shared costs.
Stock at cost: Paid in full within 7 days.
Entry Date: As Agreed
Full Lease to be presented within 30 Days of Draft offer