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AGENT'S DETAILS

PROPERTY AGENT

Burnside Bistro / Botanica, B8000, Tighnabruaich, Tighnabruaich, PA21 2BA

For sale: £300,000.00|Leisure Property, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£300,000.00
ADDRESSBurnside Bistro / Botanica, B8000, Tighnabruaich , Tighnabruaich, PA21 2BA
TYPELeisure Property, Licensed & Leisure
TENUREFor Sale Freehold, For Sale Leasehold
POSTED ON30th March 2019

DESCRIPTION

FOR SALE / TO LET
Business established for over 25 years at the property.
Restaurant with rooms (four en-suite bedrooms) and owners accomodation.
We are seeking offers over £300,000 for the freehold interest.
We are seeking rental offers in the region of £22,500 per annum for the leasehold interest.

The subjects comprise of a detached building arranged over ground, first and attic floors. It currently trades as a 35-cover restaurant, with four en-suite letting bedrooms. Owner’s accommodation is also provided with a its own dedicated living room, kitchen, bathroom, studio space and three bedrooms. External seating is provided to the front which is within the licensed demise. The business has been established for over 25 years, however, the last three years have seen the original operators lease the property out to tenant who has operated as ‘Botanica’. It functions as a restaurant/café with rooms, enjoying high occupancy rates as a result of the draw that the Kyles of Bute has to visitors. At present, the restaurant is rated as ~1 out of 7 restaurants in Tighnabruaich, and has a Booking.com score of 8.9/10 with glowing reviews. We have been verbally informed that historically the unit was producing a turnover of £200,000 per annum. This was achieved by the licensed 35 cover restaurant which has a strong reputation trading as both a café and restaurant, supported by good levels of occupation for the rooms which we charged at £90/night for bed and breakfast.

LOCATION

Location: Burnside Bistro / Botanica, B8000, Tighnabruaich , Tighnabruaich, PA21 2BA
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