Restaurant for sale

61 Ladybridge Street - DD11

£68,000

Property Description

Commercial information

  • Business for sale

Key features

  • Leasehold/Freehold available
  • Well established
  • Enviable location
  • Ranked no 7/55 in area

Full description

Tenure: Leasehold

Description
The Harbourside Grill is an extremely busy business which has been run by the current proprietor since 2013. 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 health reasons.



Situation
The Harbourside Grill occupies and enviable location on the busy Ladybridge Street in Arbroath, next to Arbroath Harbour. The business is surrounded by both commercial and residential properties.

Building internal
The Harbourside Grill is a traditionally built end terraced property. The property benefits from two entrances the main entrance is to the front, leading into the main bar and reception area, with a second entrance giving access to the higher dining area.
On entering into the main bar area, you are welcomed with a bright and welcoming bar and seating area, the area is well presented and furnished with wooden tables and chairs along with couches and low level tables. Moving through from the bar, to the left you will find a stairway leading to the upper and lower dining areas. The lower dining area can accommodate 20 persons, and is well furnished with wooden tables and chairs.

The upper dining area offers a large picture window giving views over Arbroath Harbour.
The upper dining area is again well presented and furnished with wooden tables and chairs, giving seating for 30 persons.
The restaurant is well presented and decorated throughout.
Ladies and Gents facilities are well situated off the bar.

The Harbourside Grill has built up and excellent reputation for food and fine wine and trades throughout the year 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 five days per week for both lunch and dinner service. The business opens from 1200-1430 for lunch and 1700-2200 for dinner, open 1200-close Saturday and Sunday. The business is closed Mondays and Tuesdays.

The Harbourside Grill holds a table licence from 1100-0000, seven days.


Building External
The front of the property is straight to street. There is ample on street parking.



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 £12,000.


Trading Figures
Full trading Figures will be made available after a formal viewing has taken place



Summary
The sale of The Harbourside Grill offers a great opportunity to purchase a well established business. The business benefits from an excellent location in the centre of Arbroath. Viewing is highly recommended

Price
Offers in the region of £68,000 are sought for the leasehold, fixtures, fittings and goodwill. Freehold is also available. Stock in trade will be additional at valuation.



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.


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 Bruce and Co on 0131 314 0660



Website
Visit our website at www.bruceandco.co.uk for a range of other properties available.

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


Nearest stations

  • Arbroath (0.3 mi)
  • Carnoustie (6.1 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

  • Arbroath (0.3 mi)
  • Carnoustie (6.1 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 44616. 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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