Large Fully Fitted Restaurant & Versatile Commercial Premises in Oban

GOLDEN OPPORTUNITY – LARGE FULLY FITTED RESTAURANT & VERSATILE COMMERCIAL PREMISES IN PRIME OBAN LOCATION

Asking Price: £79,000

A rare opportunity to acquire the fixtures, fittings, furniture, selected equipment and extensive fit-out of one of Oban’s largest fully fitted restaurant premises, situated in a prominent Main Street location.

A substantial investment of approximately £250,000 was made in the renovation, design and fitting-out of these impressive premises. Creating a restaurant of this size and standard from an empty commercial unit today could require an investment of approximately £150,000–£250,000, making this an excellent opportunity for an experienced operator, expanding restaurant group or ambitious new owner.

The premises are currently closed and are being offered as a fully fitted restaurant and versatile commercial opportunity. This is not the sale of a currently trading business; therefore, no turnover, trading accounts or business goodwill are included. The incoming operator will have the freedom to introduce their own brand, menu and business concept.

KEY FEATURES

• Impressive restaurant with seating for approximately 92 customers
• Extensive ground-floor and mezzanine dining areas
• Fully fitted commercial kitchen areas
• Professional commercial extraction canopy already installed
• High-quality granite dining tables
• Restaurant tables and chairs included
• Crockery and cutlery included
• Commercial pass-through dishwasher, originally costing approximately £10,000–£12,000
• Stainless-steel commercial washing and preparation areas
• Two climate-control units providing heating and cooling
• Bespoke multi-zone, colour-changing LED and mood lighting
• Decorative ceiling features and chandeliers
• Illuminated feature staircases
• Attractive internal water feature/fountain
• Modern ladies’ and gentlemen’s public washrooms
• Private office
• Large upstairs meeting/function room
• Shower facilities
• Additional basement and storage space
• Spacious and flexible layout suitable for a wide range of hospitality and commercial concepts

RESTAURANT, DESSERT & COFFEE POTENTIAL

The premises are ideally suited for a wide variety of restaurant concepts, including:

• Multi-cuisine restaurant
• Buffet restaurant
• Indian, Pakistani or Asian restaurant
• Mediterranean or Turkish restaurant
• Steakhouse or grill
• Family dining venue
• Café or coffee shop
• Ice-cream parlour or dessert bar
• Combined restaurant, dessert and coffee concept
• Function and celebration venue

The premises also benefit from an existing dessert and coffee service area, offering excellent potential for an operator wishing to combine restaurant dining with ice cream, desserts, waffles, crêpes, milkshakes and hot beverages. Relevant agreed fixtures and equipment will be included subject to the final inventory.

VERSATILE RETAIL & COMMERCIAL POTENTIAL

Although extensively fitted as a restaurant, the large and flexible premises may also be suitable for conversion into:

• Convenience or grocery store
• Large fashion outlet
• Multi-brand retail store
• Showroom
• Lifestyle or speciality retail concept
• Other suitable commercial uses

The landlord has indicated flexibility regarding the type of business operated from the premises, provided the lease obligations and rent payments are maintained. Any alternative use would remain subject to applicable planning requirements, licences and other statutory approvals.

The premises previously benefited from an alcohol licence. A new operator may be able to apply for a licence again, subject to the necessary permissions and approval from the relevant licensing authority.

PRIME OBAN LOCATION

Located in the heart of Oban, within a busy tourist and B&B area surrounded by hotels, guest houses, pubs and visitor accommodation, the premises offer strong potential from both tourists and local residents.

Oban is a popular and growing West Coast destination with significant seasonal tourism, year-round local demand and connections to the Hebridean islands. The prominent location, substantial floor space and adaptable layout create an exceptional opportunity for the right operator.

The premises are presently closed, allowing a purchaser to introduce their own identity, brand and concept without taking over an existing trading business.

LONG-TERM LEASE

The existing lease runs until June 2046, offering excellent long-term security for the incoming operator. 

The next scheduled rent review is due in June 2031. Further lease and assignment details are available to genuinely interested parties.

ASKING PRICE: £79,000

The price reflects the extensive restaurant fit-out, agreed fixtures, fittings, furniture, dessert and coffee facilities, and selected equipment. A complete inventory of the items included can be provided to genuinely interested parties.

Serious enquiries only.

Viewing is strictly by prior appointment.

Further lease, rent and property information is available upon request.

Please send a private message for further details or to arrange a confidential viewing.