Licenced Grocer, Post Office and Tearoom in Highland Village on the shores of Loch Fyne

The Opportunity

The Bay Cottage offers an excellent opportunity for any prospective buyer to start their own business. The business is set in the spectacular village of Strachur on the shore of Loch Fyne on the popular west coast of Scotland. The village enjoys both, a local population and a large number of holiday accommodation. The business has been trading for approximately 50 years, with only four operators within the period. Bay Cottages has now been reluctantly placed on the market by the current operators. The business benefits from all year round custom from both holiday guests, owners, local residents and tourists.

Situation
Strachur Village is located within the boundaries of Argyll Forest Park on the Cowal Peninsular on the A815 road which leads to Dunoon. With a recently installed landing pontoon. The Pontoon has greatly enhanced the amenities offered by the Village for boat owners and for anglers. At its outer end side berths, the pontoon offers deep water mooring for up to four 10 – 15-metre vessels and ample space for additional shallow draft vessels closer inshore. There is abundant provision for additional new moorings to complement the existing 30.

The surrounding countryside has many miles of excellent walks with stunning views over the land and coast so it’S hard not to fall in love with this place instantly. We have an enviable reputation for wild brown trout fishing on our hill lochs and there is also sea fishing offering a great variety of species.

Strachur lies central on the Cowal Peninsula and enjoys easy access from the surrounding towns and villages, the largest being Dunoon which is but 20 minutes away.

Dunoon is a resort town within the Argyll and Bute council area of Scotland. During the tourist season, the town can play host to up to 25,000 tourists and is the setting for the Cowal Highland Gathering which boasts the title of the world's biggest Highland Games. You will be able to access supermarkets and your traditional small town shops.

The Property

This unique property which currently operates as a Post Office, Convenience Store, Licenced Grocer and Tea-room with 26 covers, presents a massive opportunity to evolve and grow. Access is wheelchair friendly and all on ground level. There is ample private parking as well as plenty of free on-street parking adjacent to the property,

The Store is well stocked with all that you would expect in a Village Store, operates from 7.45- 18,00 and provides takeaway teas and coffees, hot and cold food. The licence is in place for Off-sales 10.00-23.00

The Post Office Operates from within the store and attracts a salary as well as remuneration on all sales.

The Tearoom currently operates between 9.00-15.00, serves a mixture of good Scottish locally sourced products and seafood, catering for breakfast, lunch and High Tea. It is fully licenced from 10.00 am- 23.00pm and the current proprietors have operated as a bistro in the evenings in the past as well as having successful speciality themed nights.



Owners Accommodation/Staff Accommodation

Situated to the rear of the building is a three-bedroom flat. The current owners have resided in the past and there is the potential of a holiday let.


External

Access is wheelchair friendly and all on ground level. There is ample private parking as well as plenty of free on-street parking adjacent to the property,

Services
The property is provided with mains water services, gas and electricity.

Tenure
The property is held on the Scottish equivalent of leasehold. The landlord would be happy to negotiate the lease term.

Trading Figures
Historic Trading figures can be provided and will be made available after a formal viewing has taken place.

Summary
The lease of Bay Cottage offers a great opportunity to purchase a long established restaurant. The business benefits from an excellent location within a very popular Highland Village. Viewing is highly recommended.

Price
The property is held on the Scottish equivalent of leasehold. The current vendor owns the freehold property and looking to offer a long-term lease with an annual rental of £30,000.
Offers in the region of £75000 are sought for the leasehold, fixtures and fittings. Stock in trade will be additional at valuation.

The Flat is available by separate negotiation.



Further Information

For further information and viewing, please contact Michael Kelly.