Restaurant and coffee shop with 90 covers and retail area. Also for sale on same site, detached villa with 5 en-suite double bedrooms currently used as owner’s accommodation.
For sale as a going concern or as a redevelopment site. Planning permission in principle for 8 houses.
For sale in two lots or as a whole
As a whole
This thriving family restaurant and coffee shop has been run by the sellers Mr and Mrs Wotherspoon for 8 years and has been a firmly established restaurant for over 50 years. The restaurant, car park and grounds are for sale as a going concern or as a development site for houses. The house is for sale as is. There is planning permission in principle for 8 houses, access and parking (based on existing buildings being demolished). Fife Council planning ref: 19/01865/PPP
As a whole: Offers Over £XXX
Lot 1: The Hideaway Restaurant, car park and grounds, with planning consent for 6 houses. Offers over £XXX as a whole or as 4 or 6 serviced house plots sold off separately.
Lot 2: The Hideaway house. Offers over £XXX
Home Report value: £XXX
Council Tax Band E
Lot 1: Hideaway Restaurant
A character restaurant and coffee shop with a total of 90 covers, for sale as a going concern or as a development site. The spacious main restaurant includes a bar and chilled cabinet, large wood-burning stove and retail area with display shelving. There is a separate dining room (with 40 of the 90 covers) which is partitioned by doors. There is another wood burning stove here in restaurant 2.
There is ample car parking. Trading accounts are available for the last four years. The restaurant was open six days a week for lunch and evening meals and had a turnover of £XXX (49 weeks of year) profit £XXX-£XXX per year. For the last two years it has been open for five days a week for breakfast and lunch and also for evening meals on Fridays & Saturdays only with a turnover of £XXX Profit was £XXX-£XXX per year.
There are three separate kitchens and a fridge/freezer area containing the following equipment:
Kitchen
Fridge-server (Foster)
Double sink with small drainer
6 burner gas cooker (Falcon
2 deep fat fryers (Falcon)
Gas chargrill (Falcon)
1 salamander grill (Falcon)
1 server/pass unit/platewarmer
Long stainless steel tables
Small freezer (Foster)
2 small fridges (LEC Essenchill)
2 microwaves (Panasonic)
Extractor fan (Airco)
Double panini machine (Milantoast)
2 small stainless steel tables
1 large 6 slice toaster
Pastry/dessert making kitchen
1 larder fridge
1 larder freezer
1 small larder fridge (Hoover)
1 food processor (Robot Coupe)
1 food mixer (Metcalfe)
1 food mixer (Kitchen Aid)
5 stainless steel tables (2 with shelves)
1 potato peeling machine (Metcalfe)
Large storage rack
1 microwave (Panasonic)
1 microwave (Sharp)
Dishwasher area
1 dishwasher (Winterhalter)
1 small ice machine
1 large wine cooler
1 large rack
1 sink with drainer
1 sink with hose
1 small stainless steel table
Fridge/freezer area
3 large fridges (Foster)
1 large freezer (Mondial Elite)
1 small freezer (Foster)
1 Microwave (Daewoo)
1 oven (Rational)
Pot rack
Restaurant Room Sizes
Restaurant 7.2 x 9.0m, 8.5 x 5.74m, 11.6 x 4.39m max
3 Kitchens
Gents toilets: 3 urinals 1 WC & 2 sinks
Ladies toilets: 3 toilets, 3 sinks
Scope to create a flat upstairs. Attic spaces 15 x 4m, 15 x 3m , 4 x 4m, 3 x2m
There is definite scope to create a flat upstairs for a manager. The other alternative is to purchase Lot 2 as well and have the manager occupy one of the rooms in the house.
The proposed housing development
Planning consent has been secured for six semi-detached houses down the east side of the site of Lot 1 and two semi-detached houses on the site of the existing house. See Fife Council planning ref: 19/01865/PPP
It is suggested however that it would be more favourable to have six detached houses on the site of the restaurant and keep the car parking area where it is. These plots could be sold off as serviced plots (4 or 6) or the other site could be sold to one developer.
Coal mining risk assessment
FWS Consultants, East Kilbride, have prepared a mining report.
Services
Mains water sewage and electricity are located on site. Estimates for connections have been requested.
Directions
From Edinburgh and the north take the M90 and exit at junction 3 (Halbeath). Take the A907 towards Dunfermline and at the first roundabout turn right onto Kingseat Road. Go straight ahead at the roundabout and across the level crossing and The Hideaway is 0.2 miles up the road on the left hand side.
From Dunfermline town centre head east along the A907 (Halbeath Road) for 2 miles until you reach the roundabout at Asda. Go straight through this roundabout and the next one (at the Harvester Inn) and then at the next roundabout take the first exit onto Kingseat Road and follow directions as above.
Viewing and registering an interest
Viewers is strictly by appointment. To arrange a viewing please contact McCrae & McCrae Ltd, 12 Abbey Park Place, Dunfermline, Fife, KY12 7PD. Tel: 01383 722454. Out of office hours please contact Rod McCrae on 07711 561814.
Closing Date
It is likely that a closing date for offers will be set and prospective purchasers are advised to register their interest in the property to ensure that they are given notice of any closing date. Failure to register interest may result in the property being sold without notice.
Property Misdescription
These particulars do not constitute any part of an offer or contract. All measures are given as a guide and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission or mis-statement in the particulars, during negotiations or otherwise, any representation or warranty whatever in relation to this property.
Offers
Offers must be submitted in Scottish legal terms to the Selling Agents, McCrae & McCrae Ltd at 12 Abbey Park Place, Dunfermline, Fife, KY12 7PD. A closing date for offers may be fixed and prospective purchasers are advised to register their interest with the Selling Agents.
Location
Local development plan
FIFEPlan (the adopted local development plan for Fife) shows land to the west of The Hideaway zoned for housing (see plans above). The line of blue blobs shows a proposed road. For information visit www.fife.gov.uk and search FIFEPlan. It is understood that land to the west of the Hideaway is to be Parkland.