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The Seven Stills, 30 Fife Street, Dufftown, AB55 4AL

not specified / Leisure / Hotel

For Sale - £219,000.00

Available - Last updated: 17 September 2024

  • Exceptional restaurant and malt whisky lounge set in the heart of Speyside, substantially below valuation price
  • Situated in popular historic town of Dufftown, best known as “Whisky capital of the world”
  • Fully refurbished and modernised throughout, presenting an outstanding turn-key operation
  • Beautifully presented restaurant and lounge bar, plus spacious and separate 2/3 bed owners accommodation
  • Profitable business benefitting from 5-star reviews, rated No.1 restaurant in Dufftown, and achieving Travellers' Choice 2022

 

Location

Dufftown is a Scottish historic town with a history of distilling whisky, and is best known as the Whisky capital of the world, thanks to its seven working distilleries. These distilleries in turn attract Whisky aficionados from around the world, who are also the business's main clientele. Dufftown produces more malt whisky than any other town in Scotland; this declaration puts the town on the famed Malt Whisky Trail.

 

The village has a thriving community, with two supermarkets, one pub, smaller shops and a farmer's market. Primary education is available at Dufftown with Secondary Schooling at Speyside High in Aberlour. It hosts its local highland games and takes part in the well-known Speyside whisky festival. On top of this, it is also home to the famous and internationally recognised Glenfiddich distillery. The town is set in one of the most stunning areas of Scotland, approx. 1-hour drive from both Aberdeen and Inverness cities, both of which have international airports, as well as a 30-minute drive from the coast and the Cairngorms National park. It’s a popular area for walking, fishing, hunting, nature and whisky enthusiasts attracting international tourists and trade. Dufftown is located on the River Fiddich, the town has a number of visitor attractions which draw in many tourists each year. The hills and coast are within a relatively short drive with an abundance of wildlife living within the region. Tourists also enjoy visiting the many historic site and castles in the area.

 

Accommodation

The Seven Stills is a large 2-story category C historic building located at an end of a terrace of residential cottages. The majority of the roof has recently been re-slated and the outside has been whitewashed reminiscent of the well-tended beautiful 17th-century coach house that it once was.

 

Entrance into The Seven Stills is via street level, the front door leads into the bar and comfortable lounge area to the left, with tartan seating, cosy leather sofas, an open fire, as well as a secret snug room and W/C. To the right is the tastefully decorated main restaurant comprising free standing tables and chairs, also featuring an open fireplace plus timber exposed roof. The restaurant and bar offer a comfortable capacity of around 30 customers.

 

There are customer toilets just off the hallway which then leads to the restaurant’s recently refurbished kitchen, a dry store, laundry room and a storeroom. An internal central stairwell leads up to the contemporary owner’s accommodation. Recent refurbishment throughout results in this property being presented in true walk-in condition.

 

OWNERS ACCOMODATION

The spacious owner’s accommodation is located on the first floor and can be accessed through the restaurant or a private rear door. This bright and modern accommodation consists of two double bedrooms, a fully fitted kitchen with a breakfast bar, a family bathroom, a comfortable lounge or large third bedroom, an office, and a second sitting area. The property comes with a substantial garden which has been beautifully landscaped to include a private seating area for the owners, plus beer garden for customers.

 

Terms

Due to its reputation, quality and location, The Seven Stills is fully booked throughout the season. The current owners have chosen to operate below the VAT threshold this year. Guests can find the business through its own website along with other platforms. It has an enviable 5* Tripadvisor rating, as well as rating No. 1 restaurant in Dufftown, and achieving Travellers' Choice 2022. The business currently trades Easter through to October; open Monday, Tuesday, Thursday and Friday from 18:00. Over the winter they occasionally open for special events.

 

Of recent years the vendors have treated the business as a lifestyle, only trading 4 days per week.  The net profit for year ending 2024 is around £42,000.  The operating figures during previous years  demonstrate what could be achieved, these are as follows;

 

2019 (April to October)

Turnover: £164,878 Gross Profit: £112,557 Net Profit: £57,883

2018 (April to October)

Turnover: £151,370 Gross Profit: £103,477 Net Profit: £57,084

 

The business is managed by a husband and wife team who undertake roles of chef and front of house, with temporary staff employed as required during the busy season.

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £219,000.00 NA

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