Restaurant for sale

3-5 Atholl Street - PH8

£270,000

Property Description

Commercial information

  • Business for sale

Key features

  • Freehold - Fixed price - £270,000
  • Enviable location
  • Highly profitable
  • Well presented

Full description

Tenure: Freehold

Description
The Darjeeling Restaurant is an extremely busy business which has been run by the current proprietor since 2004. The business has built up a fantastic reputation. Although the business is trading extremely successfully, there is still opportunity to expand the business. The business is being sold due to the current vendors wish to explore other opportunities.


Situation
Dunkeld is a small town in Perth and Kinross, Scotland. It is about 15 miles north of Perth on the eastern side of the A9 road into the Scottish Highlands, and on the opposite (north) side of the River Tay from the village of Birnam. Dunkeld and Birnam share a railway station, on the Highland Main Line.
Darjeeling occupies and enviable position on Atholl Street, in the centre of the town


Building Internal
The property is a terraced building, set over the ground and basement levels of the building. The main entrance is from Atholl Street. On entering the property, you are welcomed by a bright and well presented bar and seating area for take away patrons. The bar is located to the left on entry, and serves as a servery bar for the take away and dining room. To the right you will find the seating area. The dining room is well presented with wooden flooring and neutral décor. The room is well furnished with wooden tables and upholstered chairs, offering seating for upto 50 persons.

To the rear you will find an ample commercial kitchen. The kitchen is fully equipped and presented in excellent order throughout.
On the basement level you will find the Ladies and Gents facilities, together with food preparation areas, and excellent storage areas for dry goods etc.
The business trades throughout the year offering a good selection of traditional Bangladeshi Indian fayre. Darjeeling offers both take away and delivery service.

The restaurant trades with a full alcohol Licence and is open six days per week from 5pm-10pm, closed on a Tuesday.


Building External
The front of the property is straight to street with ample on street parking. There is a delivery entrance/fire escape off the kitchen.

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

Tenure
The property is held on the Scottish equivalent of freehold. The current vendor is offering the business on either a leasehold or freehold option.

Trading Figures
The business is currently taking over £200,000 per annum (net of VAT) with a net profit in excess of £50,000pa. Full trading Figures will be made available after a formal viewing has taken place.

Summary
The sale of The Darjeeling Restaurant offers a great opportunity to purchase a well-established and well performing business. Viewing is highly recommended


Price
1. Offers in the region of £49,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
2. Fixed price of £270,000 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation

We are advised the property has a Bricks and Mortar RICS survey in 2015 of £250,000.


Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, this will be available to all parties wishing to offer.

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 our office on 0131 314 0660.


Nearest station

  • Dunkeld & Birnam (0.7 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

  • Dunkeld & Birnam (0.7 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 45321. 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.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.