Cafe for saleMartyr’s Bay Restaurant, Isle Of Iona, Argyllshire, PA76
Offers in Region of £595,000
- Business for sale
Martyrs Bay Restaurant is an attractive and modern business located within the popular tourist destination of Iona. This highly successful and increasingly popular business has multiple income streams generated through the café, bar and restaurant. Overlooking spectacular sea views towards Mull, this spacious property is broken down into three segments separating the café, dining area and bar.
Of stone construction with tile roof this property is idyllically located at the pier in Iona, adjacent to the only store on the island making this an ideal trading location. It is the perfect trading location to attract tourists as they arrive on the island, which can be in excess of 1,000 a day during peak season.
To the front of the property is a large seating area which currently holds 17 tables offering breath taking views of the surrounding scenery. With dual access points to the front and rear of the property, this building includes disabled access ramps with disabled WC located next to the bar. The seating arrangements within the cafe are currently configured to allow up to 66 covers. The restaurant area can cater for 46 covers while the bar which is complete with a timber finish and a mix of booth and free standing tables is set for an additional 50 covers.
The business has been fitted out to an exceptionally high standard throughout with a purpose built service counter with hot plate section providing sit in or take away options from the cafe. The public seating areas benefit from charming décor and high quality modern furniture including both booth style and free-standing tables and chairs with a traditional tartan finish. New owners would have little capital outlay in the early stages of taking on this business as it is in truly walk-in condition. All trading elements benefit from sea facing views through large double glazed windows providing ample natural lighting throughout the property along with fantastic panoramic scenic views.
REASON FOR SALE
The current proprietors operate the business mid-March to the end of October opening 10:00am - 11:00pm giving room to increase turnover by operating year round. They have owned this profitable business since 1972 and it is their desire to reduce their commitments which brings this remarkable business opportunity to market.
Iona is an island in the Inner Hebrides off the Ross of Mull on the western coast of Scotland. Off the southwest coast of Mull in the Inner Hebrides it is 1.5 miles wide and 3 miles long, with a population of around 120 residents. Despite this, Iona is a popular tourist destination attracting many people the world over. Iona has a long and illustrious history and is well known as being 'The cradle of Christianity' in Scotland. While that is without doubt one of the main reasons that a reported 130,000 visitors come to Iona each year, there is much more to the island. It is a perfect base for outdoor enthusiasts; be it walking, photography, cycling, kayaking, sailing or fishing there is something for everyone. Iona is only a ten-minute ferry trip from the Isle of Mull which is another popular destination within the Inner Hebrides making it a popular day-trip destination.
Of stone construction with tile roofing the original aspects of this property date back to 1972. The dining room extension was built in 1983 followed by the bar extension which was completed in 1998.
PUBLIC & SERVICE AREAS
With dual access points this property is fully constructed to cater for disabled clientele, with disabled ramps to the front and rear of the property and disabled WC located within the premises. The café area has a range of display units and to the rear is a fridge section providing take away options. Included is a modern till system plus a range of ancillary equipment. Located behind the café counter is a fully functional commercial kitchen where meals are prepared for the café during the day and the restaurant at night. This section is open plan with the pot-wash area and provides plenty of storage and preparation areas along with a walk-in freezer.
To the rear of the kitchen is the dry good storeroom with separate ground level delivery entrance. This section also houses staff WC and the bakery that provides goods for the café as well as the local spar shop.
Adjacent to the café service area is an additional storage room which is currently used to store several fridges however has the potential to be an ideal office space. The cellar is conveniently located to the rear of the bar with separate on street access points allowing deliveries to be managed with ease.
Within the café are some free-standing display units selling a modest range of attractive gift items. The seating arrangements are currently configured to allow up to 66 covers. The restaurant area can cater for 46 covers with male and female WC located to the rear. The bar section is located at the far end of the property. With approx. 50 seats the bar is complete with a timber finish and a mix of booth and free standing tables. It currently operates with 6 taps with room to increase if desired. All three sections of the property are sea facing with large windows providing plenty of natural light along with spectacular views of the surrounding scenery.
Within the grounds there is a large seating area to the front overlooking the pier towards the Isle of Mull which currently holds 17 tables. This section was paved in 1998 and provides extensive seating area for customers to enjoy the breath taking scenery during the summer months. To the side of the property is a street level staff entrance with space for delivery vehicles allowing deliveries to be handled with ease.
The business is double glazed throughout and benefits from mains electricity, water and drainage. The property is fully fire and environmental health compliant.
Trading for 7 days from 10:00 a.m. to 11:00 p.m. (licensed to 01:00am) between mid-March to the end of October.
The vendors believe there is scope to develop trade further with the extension of trading hours and opening during the winter months.
The business operates profitably and full trading figures will be made available to interested parties subsequent to viewing.
See map insert.
The property has an Energy Performance Certificate rating of tbc.
Offers Around £595,000 are invited for the assignation of the lease complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
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