Restaurant for sale

32 High Street - PH7

£49,995

Property Description

Commercial information

  • Business for sale

Key features

  • ENVIABLE LOCATION
  • STUNNING PROPERTY
  • LONG ESTABLISHED
  • LEASEHOLD

Full description

Tenure: Leasehold

Description
Avanti is a popular Italian restaurant positioned on one of the main road through Crieff. The business has been under our client’s careful ownership for 23 years and they have chosen to place the business on the market due to relocation. The business is highly regarded by locals and enjoys much trade from neighboring villages and visitors, many of whom leave very positive reviews on Tripadvisor. The business has great potential for growth as the business currently operates at a comfortable pace for our clients, one option to increate turnover would be to extend opening hours.

Situation
Located in the village of Crieff, the restaurant is well established within the village and positioned firmly in the "Old Bank" on the main thoroughfare. Since its conception and redevelopment in 2009, the bistro has traded extremely well within the town and offers itself as a fantastic opportunity to its next tenant.

Building Internal
The business premises occupy the ground floor of a stone built property which has a pitched and tiled roof and residential premises located above. The restaurant is entered through a double door and presents itself in a warm and inviting way through the main body of the dining area and bar. The main area has seating for 40 and a small mezzanine area with seating for 8 overlooking it. There is a well-equipped commercial kitchen as well as well-appointed ladies and gent’s toilets servicing the public areas.

Building External
There is ample street parking in the surrounding area.

Trading Hours
Wed-Sun
17.30-21.00


Staff
Owner run with p/time staff

Services
The property has mains water, drainage, electricity, gas.

Legal
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Accounts
Will be given after a formal viewing has taken place.

Tenure
The vendors own the property and will grant a lease (subject to contract) at an initial rent of £12,000 per year TERM is negotiable

Call to Action
O/O £49,995 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 Lynn Courtney on 0131 477 6060.

Bruce & Co
Bruce & Co is the trade name of Bruce & Co Ltd. Registered in Scotland No: 190660.


Nearest station

  • Gleneagles (7.9 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 station

  • Gleneagles (7.9 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.

Disclaimer - Property reference 45774. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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