Restaurant for sale in Newport on Tay with river views and potential for expansion
Newport on Tay, Fife
- Status
FOR SALE
- Advert ID
649902
- Reference
The View Restaurant - 138370 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- or
- Freehold: £425,000
- Rent: £35,000 (£2,917 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Established Business, With Breathtaking Views Over the River Tay
- Prime Location, Close to Dundee & St Andrews With Breathtaking Views
- Established Business Run By a Dedicated Family
- Walk in Condition With Room For Expansion
- Large Private Car Park & Beer Garden
Graham Sibbald are delighted to bring to the market The View Restaurant To Let / Lease or For Sale. The View Restaurant to let/ to lease/ for sale is nestled in the village of Wormit, right along the banks of the River Tay. The Restaurant serves fresh, seasonal Scottish cuisine in a modern relaxed dining setting, it's a perfect spot for a leisurely meal or a special occasion.
The Restaurant is located in the village of Wormit, just a short 5 miles away from Dundee, and just 9 miles from St. Andrews making it a hidden gem for locals and visitors alike. From its vantage point, guests enjoy sweeping views of the Tay River and the iconic railway bridges, creating a serene backdrop for dining. The restaurant is situated on the main road through Wormit, the property comprises a large restaurant area with approximately 65 covers and bar servery, a fully fitted kitchen, beer gardens to front and rear along with a large private car park.
The restaurant is presently run by the friendly husband-and-wife team who have owned and built the business over the last 15 years. After 40 years in the trade our clients are looking for a change of lifestyle and wish to lease or sell their business.
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Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
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