The subjects comprises a coastal restaurant and pub arranged of the ground floor of a semi- detached 11/2 storey traditional building.
Internally the property is fresh and provides 65 covers in the restaurant with a further 30 in the lounge. There is a fully fitted commercial kitchen, traditional bar, dinning room, ancillary storage, cellar and customer wc facilities.
Location
The Creel Inn is situated within the small coastal village of Catterline on the north east of Scotland’s scenic coastline only circa five miles south of Stonehaven and 22 miles south of Aberdeen. The restaurant sits high above the quaint and picturesque bay with its curved shingle beach and small fishing harbour.
Accommodation
Ground Floor:- lounge, bar, beer store, customer toilets, main restaurant, disabled wc’’s and kitchen.
Attic:- storage.
Terms
TRADE INVENTORY: The trade inventory is not included in the asking price and is available through separate negotiation.
RATING: From reference to the Scottish Assessors Association Website the subjects are noted to have a rateable value of £29,250.
PRICE: Our clients are seeking offers over £475,000 are invited for the goodwill, fixtures and fittings of the business and the freehold interest of the commercial property. Our client would consider leasing the property fully fitted at £30,000 per annum.
LEGAL COSTS: Each party to be responsible for their own legal costs incurred during the transaction with the ingoing purchaser being responsible for stamp duty, land tax, registration dues and VAT incurred.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the property is available upon request.
ENTRY: Can be negotiated upon completion of legalities.
ACCOUNTS: Trading accounts are available upon request to seriously interested parties.
BUSINESS: This is an excellent opportunity for an owner operator or local group operator looking to expand. It provides an easily manageable well maintained and well-respected restaurant and bar which is popular with both locals and a destination for those travelling from further afield.
The restaurant specialises in local seafood cuisine which is all locally sourced.
The restaurant is currently open
Wednesday – 12 noon – 11pm
Thursday – 12 noon – 11pm
Friday – 12 noon – midnight
Saturday – 12 noon – midnight
Sunday – 12 noon – 10pm
The current operator has decided to close the restaurant on a Monday and a Tuesday.
Specification
- A fantastic opportunity to acquire an established and popular restaurant and bar
- Situated in the historic fishing village of Catterline
- Walk in condition.
- Offers over £475,000 exclusive exclusive or £30,000 per annum