FOR SALE
624704
The business, situated in a prime location in Garve in the Scottish Highlands, offers a unique lifestyle opportunity with its well-established cafe, restaurant, bar, and B&B. The business has been in operation since 1966, the business is self-contained. it boasts a large conservatory, a commercial kitchen, a bar, a coffee shop. The fully licensed bar can accommodate up to 14 patrons, while the coffee shop hosts around 20, and the conservatory seats approximately 45 guests.
Included within the lease are two rooms for leaseholders and two B&B rooms, which are highly sought after due to a shortage of local accommodations, particularly during the holiday season. These rooms can be configured to suit the tenants' preferences. The business benefits from a high-speed internet connection, ideal for meeting modern business needs.
The outdoor area complements the indoor amenities with a front grassed area, customer parking accommodating motorhomes, and expansive grounds featuring picnic benches. There is potential to expand the business further by introducing glamping pods, enhancing the property's appeal and revenue potential.
Located along the bustling A835, the business experiences substantial foot traffic throughout the year, driven by the area's popularity with walkers and cyclists exploring the scenic landscapes and wildlife. Notably, it is conveniently situated close to the renowned NC500 route.
The business establishment benefits from a dual advantage: legitimacy as it qualifies for the small business grant, which exempts it from business council tax, while only requiring Band A residential council tax for the living accommodations. Furthermore, all fixtures and fittings are included in the sale price, offering significant value to new owners.
The property's charm is accentuated with its classic wooden decor, cozy ambiance, and a dining area that opens to picturesque views of the countryside. The rustic elements in the bar area further add to its appeal. Despite its established presence for over 60 years and a long ownership of 20 years, the business is on the market due to the current owner's retirement.
The listing offers a leasehold price of £10,000 with an annual rent of £16,000. Rent to be paid quarterly in advance. 10 year commercial lease. Furthermore, the business remains competitively positioned in the market with minimal local competition.
Training opportunities will be made available to ensure smooth ownership transition. The new leaseholders will have ample opportunity to harness the potential of this highland treasure, nestled amidst stunning natural landscapes, adjacent to the beautiful river Black Water offering free fishing, and surrounded by a variety of bird species and wildlife.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'lifestyle business. Licensed bar, cafe, restaurant, B&B £10,000 in going premium, rent £16,000 per a ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.