Royal Hotel Ullapool Offers Restaurant & Bar Business Opportunity with Stunning Views
Ullapool, Scottish Highlands
- Status
FOR SALE
- Date Submitted:
12/09/23
- Advert ID
599321
- Reference
Restaurant & Bar at The Royal Hotel 52419 / Rightbiz
- Call Agent:
- Turnover: N/A
- Net Profit: On request
Business Details
Restaurant and Bar Opportunity at The Royal Hotel
- Fantastic Opportunity to Run a Food and Beverage Operation in an Iconic Hotel
- Elevated Position with Enviable Views across Ullapool Harbour
- Space to Let includes Restaurant and Lounge Bar
- Fantastic Location in Popular Highland Getaway Town on the World Famous NC500
- Outside Terrace with Outstanding Views
- Rent - £35,000 per annum
Graham Sibbald are delighted to bring to market a leasehold Restaurant and Bar opportunity at the Royal hotel in Ullapool. The Restaurant and Bar at The Royal is a fantastic opportunity for a chef to establish themselves within the Scottish market, offering enough space to showcase their talents to tourists and locals alike. The tenants will benefit from good levels of associated trade from the hotel guest as well as from nearby establishments.
The Restaurant and Bar at the Royal offers an incredible opportunity to let and run a food and beverage business from an established hotel in the picturesque town of Ullapool, set on the world-famous North Coast 500. The property itself sits on a prominent position, as you enter the village, overlooking the harbour. The town is historically a fishing town, located on the shores of Loch Broom – where you can hop onboard the ferry to Stornoway. The Royal Hotel is the perfect business opportunity offering the following letting space; a restaurant with panoramic views over Ullapool harbour; a charming bar with a traditional Scottish feel with a lounge attached and a well-presented commercial kitchen. There is also a south facing outside terrace where guests can enjoy a drink overlooking the loch.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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