Restaurant for sale

Station Road - PH41

£69,995

Property Description

Commercial information

  • Business for sale

Key features

  • PRICE REDUCED
  • Licensed, Excellent Reputation
  • Long Established, Enviable Location, Leasehold
  • Freehold available

Full description

Tenure: Leasehold

Description
Bruce and Co are delighted to introduce to the market The Fishmarket Restaurant. The Fishmarket Restaurant has been under our clients’ ownership for over 11 years and they have reluctantly chosen to place the business on the market due to retirement. The Fishmarket Restaurant is perfectly situated in the heart of Mallaig on Station Road and attracts trade from passers by, tourists, shoppers, local businesses and residents. The business offers light snacks upstairs in the coffee shop and has a more formal menu downstairs in the restaurant. The business is presented to a high standard and needs no further work before new owners could commence trading. Although trading extremely successfully there is still potential to increase turnover.

Situation
Mallaig is a town located on the west coast of Scotland approximately one hour from Fort William. Mallaig is a popular tourist destination and serves as a port for the small isles and Skye operating eight ferries per day during the summer season. The town also benefits from being the stopping point of the 'Hogwarts' steam train as used in the Harry Potter films. The train runs from Fort William to Mallaig twice per day in the summer season bringing 300 passengers twice daily to Mallaig. Mallaig is surrounded by five caravan parks and is the final destination for the 'Way West Walk' from Fort William to Mallaig. The property is within easy reach of the harbour and the train station. There is ample on street parking surrounding the business.

Building Internal
The property is a situated within an end terraced building with views over the harbour and is designed over 2 levels. The premises hold a prominent corner position on the main road through Mallaig and the property is well presented inside and out. The property has a fully fitted commercial kitchen located on the ground floor with all necessary equipment required and an additional kitchen is located on the upper level although there is also a dumb waiter to assist with service from the bottom kitchen to the upper floor. The Fishmarket Restaurant can accommodate 36 customers on the ground floor with an additional 28 covers located on in the upper floor and the property has customer WC facilities.

Staff
The business is managed by owner with part time staff.

Trading Hours

Coffee Shop
June, July, August 11:00 - 18:00 Daily
Other Months 11:00 - 17:00 Daily

Restaurant
Lunches 12:00 - 15:00
Evening meals
June, July, August, Mon - Fri 16:45 - 21:00
Other Months & all Sat & Sun 18:00 - 21:00

Building External
The front of the property is straight to street. There is parking available in and around the village.

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

Tenure
The existing lease has 8 years remaining with Freehold an option and rental is £16,800 per annum.

License
The business trades with the benefit of full license.

Trading Figures
Full trading figures will be provided once a formal viewing has taken place.

Summary
The Fishmarket Restaurant presents an excellent opportunity to purchase a well established and highly successful business. A business of this calibre rarely comes onto the open market in this well presented manner therefore early viewing is essential to fully appreciate this exciting venture.

Price
Offers over £69,995 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.

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

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.


Nearest stations

  • Mallaig (0.1 mi)
  • Morar (2.5 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

  • Mallaig (0.1 mi)
  • Morar (2.5 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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