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Michelin Commended Scottish Restaurant in Gattonside with Expansion Potential

Gattonside, Scottish Borders
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One of the best Restaurants in the Scottish Borders (ref 1718) Photo 1
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One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)One of the best Restaurants in the Scottish Borders (ref 1718)
  • Freehold: £210,000
  • Turnover: On request
  • Profit: On request

Business Details

One of the best Restaurants in the Scottish Borders (ref 1718)

*** PRICE REDUCED ***

Superbly presented restaurant business. Operating within a “Honeypot” trading location in the Borders. Same owners for the last 10 years, retirement sale. Circa 48 covers. Michelin commended establishment. Well-equipped commercial kitchen. Huge potential for new owners – Open Fri/Sat evenings only. Would suit a variety of different trading styles. Ideal opportunity for a chef-patron/partnership team. Rates exempt property and business.

FREEHOLD Guide price £210,000.

 

 

The village of Gattonside is situated in the heart of the Scottish Borders just a 10 minute walk from the town of Melrose, regarded by many as the “jewel of the Borders”.  Also nearby is the larger town of Galashiels with the city of Edinburgh around an hour’s drive away north.

Gattonside sits on the banks of the famous river Tweed with Melrose situated on the opposite bank. Melrose is known for its beautiful scenery, upmarket retail shops, historic Melrose Abbey and the home of Melrose Rugby Club and the world famous Melrose 7s.

Gattonside and nearby Melrose are one of the most desirable places to live and work in the Scottish Borders.

Seasons Restaurant is one of the best regarded restaurants in the Borders. The business offers the best of the Borders larder utilising as much local ingredients as possible. The business is Michelin commended and has been run by our clients for the last 10 years. Our clients now wish to place the business on the market in order to consider their retirement.

At present the business only trades 2 nights per week (Friday & Saturday) this is through our clients own choice but there is huge potential to increase trade to a 7 day a week opportunity, lunch menu or full time opening in Spring, Summer and Autumn with restricted closing in the winter.

The business trades with a premises licence and full class 3 cooking consent.

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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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