Restaurant for sale

35 High Street - EH39

£110,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established
  • Enviable location
  • Home of ‘Fat Matts Burger Challenge’
  • Excellent growth potential

Full description

Tenure: Leasehold

Description
The Grange Steakhouse is an extremely busy business which has been run by the current proprietor since 1998. The business is well established and has built up a reputation as one of the towns best places to enjoy a sociable drink and meal with friends. The business is being sold due to the current vendor’s wish to relocate to France.

The Grange is the home of ‘Fat Matts Burger Challenge’ which has been attempted over 350 times since its invention in February 2014. With only two people completing it.

Situation
North Berwick is a seaside town and former royal burgh in East Lothian, Scotland. It is situated on the south shore of the Firth of Forth, approximately 25 miles (40 km) east north east of Edinburgh.

The property occupies an enviable location on High Street, within the town.


Building Internal
The Grange is a traditionally built terraced property set over the ground level. The main entrance is from the front, via a large glass door. On entering the restaurant, the bar and casual seating area is located to the left. The bar is of traditional construction and serves as a service bar for the restaurant. The restaurant is well presented with wooden flooring and is set for 36+ persons, by way of wooden table and chairs. To the top of the dining area there is a feature living flame fire.

Located to the left at the rear of the restaurant, there is an additional room. This room is currently not used by the vendors, however, this space would lend well to either extending the dining area, or as use for private dining and functions. The room also has access to the garden area to the rear.

To the rear of the property, you will find a fully equipped and well maintained commercial kitchen. The kitchen also gives access to the rear gardens.
The restaurant is well presented and decorated throughout.

Ladies and gents’ facilities are well situated off the bar.

The Grange has built up and excellent reputation for food and wine and trades throughout the year for both food and drink offering an excellent range beers wines and spirit, along with an excellent menu, including homemade burgers, steaks and fresh fish.

The business trades six days per week for breakfast, lunch and dinner service. The business opens from 1000-1430 and 1730-2300. The business is closed Mondays.

The Grange is trading extremely well, and has benefited from the vendor’s introduction of ‘Fat Matts Burger Challenge’. The challenge consists of;

? 2 10oz homemade burgers
? 1 chicken breast
? 6 rashers of bacon
? 2 slices of haggis
? 2 slices of black pudding
? 8 slices of smoked cheddar

All of which is presented on a bun and accompanied by chilli cheese fries, homemade coleslaw and salad.

Since its inception in February 2014, 350 people have attempted the challenge, with 2

Building External
The front of the property is straight to street. There is ample on street parking. To the rear there is a garden area, the garden area is not currently used by the vendors, but would offer outside seating for patrons in the summer months.


Services
We have been advised that all mains services are fitted.

Tenure
The property is held on the Scottish equivalent of leasehold. The annual rental is £18,000.

Summary
The sale of The Grange offers a great opportunity to purchase a well-established and popular business. The business benefits from an excellent location in the centre of North Berwick. Viewing is highly recommended.


Price
Offers in the region of £110,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.


Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.


Further Information
Should you require further information on this or any other property, please do not hesitate to contact the office on 0131 3140660.


Nearest stations

  • North Berwick (0.5 mi)
  • Drem (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • North Berwick (0.5 mi)
  • Drem (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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