Historic Harbour Side Restaurant and Bar in Cellardyke Fife for Sale, Offers Growth Potential
Cellardyke, Fife
- Status
FOR SALE
- Advert ID
609153
- Reference
1643 / Rightbiz
- Call Agent:
- Freehold: £420,000
- Turnover: On request
- Net Profit: On request
Business Details
Harbour side restaurant and bar in sought after location (ref 1643)
Same owners for the last 21 years. Retirement sale. Outstanding historic harbour side bar & restaurant. Sought after village in the East Neuk of Fife. Huge potential for new enthusiastic owners. 40 Cover restaurant & bar. Terraced south facing beer garden to the rear. Ground floor games room and lounge. Ideal for those interested in food. Premises licence and class 3 consent.
FREEHOLD Guide price £420,000.
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The village of Cellardyke occupies a prominent harbourside location in the picturesque East Neuk of Fife. Lying immediately to the east of the town of Anstruther, the village is an attractive warren of narrow streets opening up to an historic 16th century harbour. The East Neuk is a charming collection of small fishing villages dotted on the southern Fife coast extending from St Monans to the beautiful village of Crail on the most easterly tip of Fife. Cellardyke occupies a central location in the East Neuk, located close to Anstruther and Pittenweem.
The golfing Mecca and university town of St Andrews lies 9 miles to the northeast while, the city of Dundee can be accessed within a comfortable 30-minute drive.
This area also boasts many holiday homes and cottages as well as caravan parks that swell the population especially during the spring, summer and autumn months.
The Haven Bar & Restaurant occupies a highly prominent trading location next the harbour.
The business has been in our clients’ hands for the last 21 years, during which time our clients have developed a much loved bar & restaurant offering welcoming hospitality as well as a capitalising on the plentifully seafood larder the East Neuk is famous for.
Our clients have operated for 21 years and now feel the time is right to hand over the reigns to a younger and equally enthusiastic team to harness the obvious potential of the business.
The ground floor remains an obvious avenue for new owners to make an immediate impression, this area is currently underutilised by the current owner and it is thought the conversion of this part of the business to a coffee shop or ice cream parlour would work well on a compatible basis with the first floor operation.
The business is offered for sale on a freehold basis.
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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.
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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.
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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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