DescriptionThe 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
LocationThe 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 DetailsThe 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 & FittingsFixtures 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 Click Here for Terms and Conditions
External DetailsThe 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 OpportunityThe 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.
StaffThe 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 InformationTrading 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 RatesInterested parties should make their own enquiries with Dundee City Council regarding the current Rateable Value and rates liability.
RegulatoryPremises Licence