FOR SALE
641827
1782 / Rightbiz
*** PRICE REDUCED ***
Quality restaurant available with vacant possession. c.90 covers internally. Enviable trading location on North Berwick High Street. Large and well-equipped commercial kitchen. Suitable for a number of cuisine offerings. New lease available. Currently closed. Annual Rent £50,000.
LEASEHOLD Guide Price £42,500.
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The Puffin Licensed Restaurant is located in North Berwick, which is one of Scotland’s coastal gems in stunning East Lothian. This picturesque seaside town recently voted as ‘most desirable town to live in UK’ is only a 30-minute train journey from Edinburgh (20 miles to the west). The pace of living is much more relaxed here and it’s little wonder the town is highly sought after as a commuter town for people working in and around the capital whilst also being a magnet for holidaymakers, visitors, golfers and wildlife enthusiasts. The world-famous Scottish Seabird Centre is located in the town.
This area is known for its stunningly beautiful beaches and many golf courses including two in the town and nearby Archerfield, Gullane, Renaissance and Muirfield, a regular venue of the British Open.
North Berwick has a quaint harbour and quirky main street with a variety of interesting shops, coffee shops and restaurants. The business is located on the busy high street, close to the junction with Church Road which leads down to the town’s putting green and the beach beyond.
The property has a well-presented dining room with seating in and around the window area, with further covers in front of and around the bar. There is a third, more private area available towards the rear of the property.
This well-presented unit has traded as The Puffin from this location for almost 10 years until recently closing. A popular spot with both locals and for the many visitors to the town, especially during the summer months. The restaurant is available with vacant possession and offers a wonderful opportunity to an operator looking for a well fitted out premises located in one of the most sought-after trading locations in Scotland.
 A new lease will be made available to the buyer, the landlord will be flexible in terms of the length of the lease. Rent in the region of £50,000 is sought per annum and a rental deposit of £12,500 will be required.
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 'Exceptional licensed restaurant premises located in the desirable town of North Berwick (ref 1782) - 1782 / Rightbiz' 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.