Unique Restaurant in Restored Church - Blairgowrie, 80 Covers, Bar, Kitchen, Parking, £595,000
Blairgowrie, Perthshire and Kinross
- Status
FOR SALE
- Date Submitted:
06/06/23
- Advert ID
514399
- Reference
1572 / Rightbiz
- Call Agent:
- Freehold: £550,000 (Stock at valuation)
- Leasehold: £95,000
- Rent: £50,000
- Turnover: On request
- Net Profit: On request
Business Details
A well preserved, unique, characterful restaurant business. (ref 1572)
*** PRICE REDUCED ***
A well established and popular restaurant with bar. A stunning redevelopment of a former church (B listed). Unique period property restored with much care and attention. Very successful restaurant business – opened in 2018. 80 Cover with 20 cover separate bar. Superb commercial kitchen. West facing patio – ideal for outside dining. Large car park and ground in the centre of the town. Rateable value as per April 2023 £29,900. Net turnover 30/6/22 - £502,666.
FREEHOLD Guide price £550,000 STOCK AT VALUATION.
LEASEHOLD OPTION AVAILABLE - Premium £95,000 & rent £50,000.
Blairgowrie is the largest town in Perthshire, with a population of circa 10,000, and serving a large rural hinterland. The town still has a busy High Street where a mix of national retail operators trade alongside an interesting and diverse range of privately-owned specialist shops. The town also benefits from a thriving tourist trade, where visitors are drawn to the many local attractions including golf, field sports and fishing. The Angus Glens, the city of Perth, Scone Palace and the late Queen Mother’s ancestral home of Glamis Castle are all located close by, while the winter ski resort of Glenshee and the fringes Royal Deeside are 17 miles to the North on the A93.
Little’s Restaurant enjoys a very prominent trading position in the heart of Blairgowrie, astride the A93. Little’s Restaurant is a former church constructed in red sandstone with accommodation over ground floor. The property lies under a multi-pitched roof with belltower.
The property was sympathetically, and painstaking restored and converted to a licensed premises in 2015. One of the largest tasks in the restoration was maintaining and restoring the stain glass window to the south facing side of the property. The restaurant upon entry has that striking wow factor. The size of the ceilings and the stunning original stain glass window create a unique atmosphere and dining experience.
The owner has decided to place the business on the market in order to consider their retirement. At present the business is open 5 days per week, Tuesday to Saturday, trading for breakfasts, lunch through to dinner. The restaurant is currently ranked #1 on TripAdvisor for Blairgowrie.
The business is offered for sale on a Freehold basis. A guide price of £550,000 is sought for the business & property. Stock will be additional at valuation.
Our clients will also consider a long term lease with a premium of £95,000 and a rent of £50,000 per annum. The lease will also include an option to buy.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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