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The Old Bank Restaurant, 5 Main Street, Callander, FK17 8DU

Offers Over
£350,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • Restaurant (60)
  • Situated in Town Centre
  • Quality Owner's Accommodation
  • Fully Equipped Commercial Kitchen
  • Large Car Park Nearby
  • Energy Rating G
  • Christie & Co Ref: 6863620

Description

Description

A great opportunity to acquire a family run licensed restaurant situated in the heart of Callander Town Centre which is frequented with visitors throughout the year brining a high footfall to the area.

Our clients have owned the property for over 20 years and are now exiting due to retirement.

The Old Bank offers full cooked Scottish breakfasts, soup, sandwiches, lunch options as well as afternoon teas. You can also experience their delicious Arabic coffee and specialist teas.

Location

The Old Bank restaurant is ideally situated on the Main Street, within the heart of Callander Town Centre. Callander sits within the Loch Lomond and The Trossachs National Park and is surrounded by some of Scotland’s most picturesque scenery.

The Main Street leads to Leny Road and is part of the A84 which is a main tourist route, leading to Lochearnhead. The A85 leads to Oban via Tyndrum with the A82 leading to Glencoe and Fort William.

Glasgow is around 35 miles to the south, Edinburgh around 50 miles east and Stirling around 15 miles to the south east.

Internal Details

The property is accessed via the Main Street. A single door to the right leads to the main restaurant area with a door on the left leading to additional seating for around 20. This room can also be used for private gatherings and small functions.

The main restaurant can seat around 40 via moveable tables and chairs with the bar servery to the rear. A narrow corridor from the bar leads to customer toilets, a prep area and a fully equipped commercial kitchen with all necessary appliances to trade. There is also storage throughout.

The restaurant area is modern and well decorated with large external windows to the front allowing for good natural lighting. An open flame fireplace adds a nice cosy feel to the room.

Fixtures & Fittings

All fixtures and fittings are included within the sale (excluding any personal items).

A full inventory will be provided after a deal has been agreed.

External Details

A terraced three storey Victorian townhouse built in the 1800's with a pitched and slated roof.

Private parking for the accommodation is situated to the rear.

On-street parking is available on a first come first served basis.

Owner's Accommodation

Included within the sale is an outstanding large four bedroom owner's flat in immaculate condition with private parking to the rear. There is a large lounge and dining area, living room, bathroom and kitchen with a central island.

The accommodation is accessed via the main entrance and is completely private to the main business.

The Opportunity

A fantastic opportunity to acquire a trading restaurant business with quality owner's accommodation, in the heart of Callander. Our clients have owned the business since 2003 and are now exiting due to retirement.

The Old Bank is a popular coffee house and restaurant offering dishes such as full breakfasts, fish and chips and steak pie. They also offer light bites, coffee and cakes which are made fresh on site.

Our clients choose to operate the business mainly hands-off with the assistance of full and part-time staff. There is significant potential to increase turnover by extending operating hours to include both early breakfast and later dinner options.

Going forward an owner operator or couple could take a more hands-on approach to improve margins and existing offering. They are rated #7 of 29 in the area with an overall score of 4.2, on Google they have an excellent rating of 4.4 across 850 reviews.

Callander is a busy tourist hot spot throughout the summer months however, it also benefits from a local and loyal community.

Although, a new owner could continue to trade as restaurant or café, alternative uses such as serviced apartments could be considered, although this would be subject to obtaining local planning and consents.

Staff

All staff associated with the business will transfer under TUPE.

A staff information schedule can be provided to interested parties after a formal viewing.

Trading Information

Full Trading Profit and Loss information will be provided to interested parties after a formal viewing.

A viewing is highly recommended to appreciate what is included with this opportunity.

Trading Hours

Sunday to Friday
10.00am - 4.00pm

Saturday
10.00am - 5.00pm

Business Rates

The Rateable Value from 1 April 2023 will be £12,200.

Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises License

Brochures

The Old Bank Restaurant, 5 Main Street, Callander, FK17 8DU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dunblane Station10.5 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 6863620-fh. 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 Christie & Co, Pubs & Restaurants. 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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