Beefeater, Riverside Drive, Dundee, DD1 4XA

£750,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Restaurant

Key features

  • Established Freehold Restaurant Opportunity
  • Prominent Roadside Location
  • Large Customer Car Park
  • Adjacent to Premier Inn Hotel
  • Strong Mix of Corporate & Leisure Demand
  • Riverside Location / EPC Rating C
  • Christie & Co Ref: 5265456

Description

Description

The restaurant benefits from the strength of the well known Beefeater brand and serves a broad customer base comprising local residents, business travellers, tourists and hotel guests from the surrounding area.

The business is positioned within the mainstream family dining sector and has historically traded from a prominent roadside location, benefiting from strong brand recognition, repeat custom and established operational infrastructure. The opportunity offers purchasers the chance to acquire a substantial freehold restaurant asset with proven trading credentials in one of Scotland's principal regional cities.

* Sale Price is subject to VAT

Location

The property occupies a prominent roadside position within Dundee, Scotland's fourth largest city and the principal commercial centre for Tayside. Benefiting from excellent road connectivity via the A90, the property enjoys convenient access to Perth, Aberdeen, Angus and Fife.

Dundee has undergone significant regeneration in recent years and is recognised as a key regional destination for business, education, tourism and leisure. The city is home to both the University of Dundee and Abertay University and benefits from a substantial resident population together with a strong daytime economy.

The property attracts demand from a broad customer base including local residents, business travellers, tourists and passing trade. Dundee's waterfront regeneration, V&A Dundee, major employers and transport links continue to support significant visitor numbers throughout the year.

Internal Details

The property comprises a purpose built Beefeater family restaurant providing spacious customer accommodation arranged across a series of interconnected dining areas.

The restaurant has been fitted out in the established Beefeater style with a combination of open plan and semi-private dining zones, allowing flexibility for family dining, group bookings and corporate occasions. The accommodation benefits from an attractive bar and waiting area, customer WC facilities and ancillary back-of-house space. The trading area can accommodate c. 230 covers.

Customer seating is arranged throughout a number of well presented dining areas benefiting from good levels of natural light and a practical trading layout. The property is supported by a fully equipped commercial kitchen together with associated preparation, storage and staff facilities.

Overall, the property provides a highly functional restaurant operation capable of accommodating substantial customer volumes and offers purchasers a turnkey hospitality opportunity.

Fixtures & Fittings

Fixtures and fittings owned outright and not subject to lease or hire purchase agreements will be included within the sale, subject to inventory.

T&C's Link

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External Details

The external area comprises a spacious waterfront terrace directly adjacent to the building, offering attractive views across the river Tay and surrounding landscape.

The outdoor seating is arranged across a large paved patio and includes a mix of wooden dining tables with chairs and circular picnic benches, providing ample capacity for guests.

Decorative festoon lighting is suspended overhead in parts of the terrace, creating an inviting atmosphere during the evening. The area is well maintained, with modern bollard lighting, wide pedestrian access and uninterrupted sightlines towards the waterfront promenade.

The restaurant frontage features extensive glazed windows, allowing strong visual connectivity between the indoor and outdoor spaces, while the riverside location offers a bright, open setting that is particularly suited to al fresco dining and socialising.

The Opportunity

The property is offered for sale freehold trading as a going concern, providing an opportunity for owner-operators, investors or alternative hospitality occupiers.

The restaurant is suitable for continued use within the casual dining sector whilst also offering potential for alternative leisure, roadside, retail or other commercial uses, subject to obtaining the necessary statutory consents.

Interested parties are invited to contact the appointed agent for further details.

Staff

The property is being offered for sale as a going concern and staff are subject to TUPE. Relevant staffing details are available within the data room for review by qualified parties.

Trading Information

Trading information is available exclusively to qualified buyers via a secure data room. Access is subject to the execution of a signed Non-Disclosure Agreement (NDA). For further details, please contact the appointed agent.

Business Rates

Interested parties should make their own enquiries with Dundee City Council regarding the current Rateable Value and rates liability.

Regulatory

Premises Licence

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Beefeater, Riverside Drive, Dundee, DD1 4XA

NEAREST STATIONS

National Rail

Dundee Station

0.05 miles

National Rail

Invergowrie Station

3.33 miles

National Rail

Broughty Ferry Station

3.81 miles

About Christie Owen & Davies Ltd, Pubs & Restaurants

Christie Owen & Davies Ltd, Pubs & Restaurants

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.

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Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 5265456-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 Owen & Davies Ltd, 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.