Multi-Functional Hospitality Business The Cowshed in Banchory Aberdeenshire for Sale
Banchory, Aberdeenshire
- Status
FOR SALE
- Advert ID
637345
- Reference
The Cowshed - 52881 / Rightbiz
- Call Agent:
- Freehold: £850,000
- Turnover: On request
- Profit: On request
Business Details
Unique, Established & Popular Multi Functional Hospitality Business In Royal Deeside For Sale
- Offering Restaurant, Takeaway, Functions & Weddings
- Variety of Established Income Streams
- Healthy Profit on Sustained t/o in excess of £800,000 (net)
- Possible Development Site for Various Uses
- Plans to Build Appx. 500 New Homes Locally
Graham Sibbald are delighted to bring to the market The Cowshed Restaurant & Takeaway. The restaurant is truly one of a kind and is situated on the north side of Banchory in famous Royal Deeside. Banchory is an affluent busy community on the River Dee, only some 18 miles from the City of Aberdeen - where there is the International Airport. Deeside increased in popularity in the 19th century courtesy of Prince Albert's purchase of the Balmoral Estate at nearby Ballater, ensuring the continued perennial appeal of Royal Deeside to a myriad of visitors; all of which produces businesses to the local hotels. In addition, of course, Deeside is famed for its field sports, fishing; shooting; stalking; it can give huge benefit to the Cowshed, coupled with the ease of accessibility to Aberdeen.
This unique hospitality business offers restaurant, takeaway, ice-cream, functions and weddings, covering almost all aspects of the industry. The Cowshed is a family owned and managed business. Over the years the family have significantly refurbished and upgraded the premises in order to host such a variety of income streams. Previously a chef school, The Cowshed boasts an impressive kitchen which in turn aids the multi-operational business.
The availability of The Cowshed offers a new owner the opportunity to operate a multi-income stream hospitality business in an affluent, popular and well known part of Scotland. There is also the opportunity to redevelop due to the substantial size of the property, subject to the necessary planning consents.
There is a development plan to build approximately 500 new homes close to the Cowshed, upon completion of the new residential site there is plan for more homes to be built. This increase in residents close to the Cowshed will only enhance the trade, introducing an entirely new set of customers.
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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.
Stay Safe
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.
Stay Safe
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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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.
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