Restaurant for sale

14 Boat Road - DD6

£299,995

Property Description

Commercial information

  • Business for sale

Key features

  • Well Presented Property, 80 Cover Restaurant
  • Excellent Potential, Community Supported
  • Positive Customer Feedback/Reviews
  • Recently Refurbished, Games Room

Full description

Tenure: Freehold

Description
Bruce and Co. are delighted to offer to the market Brig ‘O’ Tay, a well presented restaurant and bar. The business has been under our client’s ownership for 10 years during which time they have continually developed and improved the business which shows on the year on year increase in turnover and profitability. Our clients have reluctantly chosen to place the business on the market due to their retirement. We have been informed that turnover is derived from food sales from the restaurant and wet sales from the bar both of which are hugely supported by the local community in addition to the numerous tourists that visit the area. The Brig O Tay also hosts live televised sporting events and music events which attract custom from local residents and this is an area which has proven to be popular which new owners could expand on. Brig ‘O’ Tay trades with an enviable reputation locally and has received exemplary feedback from previous customers generating word of mouth custom. Despite the current success of the business there is still further potential to increase turnover considerably as our clients have chosen to only open 6 days of the week. In addition, although marketing is carried out through the business’ own informative website http://brigotayrestaurant.co.uk, a further comprehensive marketing campaign and awareness of the business further afield would undoubtedly contribute to increased profits.

Situation
The business is positioned in a highly visible trading spot in Newport on Tay. Newport on Tay is a highly desirable suburb of Dundee and was previously known as ‘New Dundee’ when it originally housed the southern end of the ferry route between Dundee and Fife before the opening of the Tay Road Bridge. Now today, the pier is only used by private boats. The village has a good range of amenities including interesting boutique shops, cafes and a local supermarket as well as a post office and a butchers. There is a local Doctors surgery, chemist and opticians. The village is within easy reach of the main Scottish motorway network and the nearest train station is located in Dundee, just across the bridge where there is also an Airport with direct services to London.

Building Internal
This highly popular restaurant and bar occupies a well positioned end terrace building, ideally located in the heart of Newport on Tay. The premises are surrounded by a variety of residential and commercial properties and the business enjoys high footfall and receives much passing trade due its excellent position within Newport on Tay. The bar/lounge area occupies the ground floor of the property and is furnished with modern laminate flooring throughout and features a large timber built servery with a full range of optics, chilled bottle cabinets and draught pumps as expected in an operation of this nature. As the venue regularly hosts live televised sporting events one of the bars assets are the 2 large wall mounted TV screens. There is also a pool table and darts/games room as well as female and male WC facilities. The restaurant, located on the upper floor is accessed by its own entrance and staircase or via the downstairs bar and it boasts scenic views overlooking the River Tay from an elevated position. The dining area with covers for 80 is furnished with wooden tables and chairs and the large windows offer plenty of natural light creating a spacious dining environment. Beyond the dining area is a fully fitted commercial kitchen which is equipped and presented to an excellent standard. Some of the modern equipment and facilities included in the same are extraction system housing, stainless steel work surfaces, plenty of storage facilities, 8-burner hob, gas riddle, double oven and deep fat fryer. In addition there is a separate washing up area, refrigerated and freezer storage units and plenty of food preparation space. There are customer WC facilities including baby change facilities on the upper floor and the property has plenty of storage areas throughout.

Trading Hours
Tue-Thu 11:00 - 00:00
Fri & Sat 11:00 - 01:00
Sun 12:00 - 00:00

Staff
Owner run with full and part time.

Building External
The exterior front of the property is well presented with eye catching branding and the business benefits from its main thoroughfare location. To the rear, a particularly attractive aspect of this business and sale is the garden. Designed on an elevated position over 2 levels, the garden provides outdoor seating areas and a smoking area and is extremely well presented.

Services
The property has mains water, drainage and electricity.

Trading Figures
Accounts available after formal viewing has taken place.

Summary
This is a superb opportunity to purchase a true turnkey business which offers excellent potential for new enthusiastic owners. Early viewing essential!

Price
Offers over £299,995 Stock in trade will be additional at valuation.

Tenure
Freehold.

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.

Call to Action
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 477 6060.


Nearest stations

  • Dundee (1.7 mi)
  • Broughty Ferry (3.4 mi)
  • Invergowrie (4.6 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

  • Dundee (1.7 mi)
  • Broughty Ferry (3.4 mi)
  • Invergowrie (4.6 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 43761. 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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