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Bar & Restaurant For Sale, Lord of the Isles, Craobh Haven, Lunga, PA31 8UA

not specified / Leisure / Pubs/Bars/Clubs

For Sale - £595,000.00

Available - Last updated: 18 November 2024

Commercial / Leisure Premises Available For Sale in Argyll, West Coast of Scotland - Fully equipped licensed bar and 72 cover restaurant - external seating overlooking the marina - Self Contained Shop.

This licensed bar and restaurant has recently closed but is fully fitted furnished, ready for a new operator to take over commence trading immediately.

Located within a detached two-storey property, it features split-level trading area in the bar and restaurant section.

The main bar area includes a large servery with gantry shelving at the rear, 20 covers in central section, 24 lower section (which also pool table), and rear dining accommodating an additional 28 covers.

The property includes toilets, general storage facilities, and an office, as well a fully equipped commercial kitchen with loading access to the rear.

A central access corridor at ground floor level leads to the beer cellar and provides staff retail unit, which benefits from separate external front. 

Retail Space - The small open-plan shop was popular with visitors from the nearby holiday properties andsailors at the marina, providing a useful supplementary income to the bar and restaurant. Astoreroom is also available off the retail area.

Residential Accommodation - A self-contained residential apartment is situated on the first floor, accessible via a groundfloor entrance door and internal stairwell. Finished to a high standard, the apartment featuresan open-plan lounge that can double as a bedroom, a bathroom adjoining the lounge, a smallcentral kitchen, and an ensuite double bedroom, making it ideal for an owner/operator couple.

Outdoor Space - The extensive grounds surrounding the property can be utilised as external seating space. A detached bar adjacent to was particularly popular in fair weather, with several timber-framed tables and fixed benches overlooking marina.

Location

The property is situated within Craobh Marina on the raignish Peninsula in Argyll, on the west coast of Scotland.  The marina is 22 miles south of Oban and approximately a two and a half hour drive from Glasgow.  Known as the Gateway to teh Isles, the marina offers 259 sailing berths and numberous holiday rental properties.

Accommodation

Pub and 72 cover restaurant

Self-contained shop

1st floor apartment

Terms

Opportunity - The property was previously leased to a former manager who surrendered the leaseduring the Covid-19 pandemic, the property was subsequently reopened by the owners ona limited basis during summer months. After operating part of the summer season in 2024,the business is now closed.

The bar and restaurant are fully fitted and furnished, ready for immediate use. The kitchenwas refurbished following the Covid lockdowns, as were the ground floor toilets. Recentupgrades, including new fascia boards and guttering, have also been completed.

No trading information is available, and the property is offered with vacant possession, including all fixtures and fittings.  A Premises Licence is in place and will be transferable to a new owner.  This sale presents an excellent opportunity to revive a popular bar and restaurant, with seasonal trade driven by high demand from local holiday rentals and marina visitors during the summer.

Planning Permission has been granted to develop five letting bedrooms above part of the restaurant.

Price - Guide price £595,000. Heritable property with Vacant Possession to include all existingfurniture, fixtures and fittings.

Rateable Value - £18,700

EPC Rating - G(231)

Specification

  • A detached property overlooking Craobh Haven in picturesque Argyll
  • Premises Licence in place
  • Open-plan bar and restaurant
  • Split-level trading area
  • External seating
  • Extensive parking
  • Retail unit included
  • Manager's/Owner accommodation on the first floor
  • Planning in place for 5 letting bedrooms
  • Fully fitted and furnished

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £595,000.00 NA

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Contact agents

Stuart Drysdale

Drysdale and Company

01786 340315

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