Profitable Licensed Mediterranean Restaurant in Oban - 80 Seats, Prime Location
Oban, Argyll and Bute
- Status
FOR SALE
- Date Submitted:
01/04/22
- Advert ID
293113
- Reference
23241802 / Rightbiz
- Call Agent:
- Leasehold: £85,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Town Centre location
- Established Business
- Prime Location
- Fully Fitted
- Close to Local Amenities
- Potential for Alternative Use
Business Details
Thriving Fully Licenced Restaurant In Oban Leasehold
CCL Property are delighted to bring to market The Olive Garden, a unique 80 cover licensed Mediterranean Restaurant situated on the railway pier in Oban. The property occupies a prominent trading location a short distance from the ferry terminal, railway station and centre of Oban benefitting greatly from a high volume of passing trade. This is a well-established business that caters to both local trade and the vast number of tourists that visit the ever-popular town of Oban. An early viewing is highly recommended to truly appreciate the quality of facilities that is on offer. This is a leasehold sale of the business.
The Olive Garden is situated in one of the most picturesque locations on the west coast of Scotland. Located on the Railway Pier and in a prominent position a short walk from both the ferry terminals the railways station and town centre where visitors can enjoy stunning sea views over Oban Bay and the islands beyond.
Oban is a small traditional coastal town that boasts an extensive tourist trade and hospitality sector and is a great base to explore the surrounding area and the neighbouring islands of the Inner Hebrides, with stunning scenery, boat trips, walks, wildlife-watching, castles, gardens, and numerous outdoor activities all within easy reach. The town is also an important ferry port, acting as the hub for Caledonian MacBraynes Ferries to many of the islands of the Inner and Outer Hebrides.
The town is located at the western end of the A85 and is extremely well serviced with good road, rail and ferry networks providing links to Glasgow, Edinburgh and Inverness and respective airports.
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Listing Statistics
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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.
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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.
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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.
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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.
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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.'.
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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.
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