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For Rent£13.82 Sq Ft

The Mill, Forfar, DD8 1XF

Restaurants/Cafes, Licensed & Leisure , 1737 Sq Ft
Property type: Restaurants/Cafes, Licensed & Leisure
Tenure: To Let
Size: 1737 Sq Ft
Rent: £13.82 Sq Ft
Location: The Mill, Lochlands Mill, Dundee Road, Forfar, DD8 1XF

Opportunity to acquire a popular and successful cafe/restaurant business which forms part of a popular leisure destination.



Location

The subject premises occupied a prominent and easily accessible roadside position close to the junction of the A90 Dundee to Aberdeen road and A932 Dundee Road leading to Forfar. The surrounding area is attractive countryside with pleasant view south across the Vale of Strathmore.



Additional Details

Description

"The Mill" comprises an attractive high-quality cafe/restaurant which forms part rural leisure and retail destination. The Mill provides a formal restaurant, together with a cafe, commercial kitchen and disabled accessible wc facilities. Plentiful car parking is provided on site, together with an attractive outdoor eating area and children's play park.

Accommodation and Area

We estimate the internal floor area to be as follows:

|  Floor  |  Size (sq ft) |
|  Ground Floor   |  1,737 |

The premises benefit from the following amenities:

  • 146 person capacity
  • Attractive fixtures and fittings
  • Plentiful customer car parking
  • Successful business
  • 15 Year Lease
The Business

The business benefits form a 15-year unexpired lease term. The passing rent is £24,000 per annum.

The current proprietor enjoys strong levels of trade with many repeat customers, providing a constant and reliable income throughout the year. The business is currently operated as a lifestyle business and does not operate near its true capacity. The business is currently rated #2 out of 43 in the Forfar, Angus area by Tripadvisor.

The current license allows on and off sales and the capacity of the entire premises is set at 146 persons. Details of the license can be provided.

Terms

The business is available to purchase with all fixtures, fittings and equipment included. Stock will be available on a cost basis.

Our client is willing to consider offers in excess of £100,000 for their interest in the business.

All figures quoted are subject to VAT.

Viewing Arrangements

Please contact the sole selling agent, Westport Property.

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