Oban Bar, Restaurant, Coffee Shop or Takeaway for Sale or Let, Freehold or Leasehold Available
Oban, Argyll and Bute
- Status
FOR SALE
- Date Submitted:
16/11/23
- Advert ID
602732
- Reference
1338 / Rightbiz
- Call Agent:
- Freehold: £230,000
- Leasehold: £35,000
- Rent: £22,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Wonderful Freehold or Leasehold opportunity for a bar, restaurant, coffee shop or takeaway in Oban
Former Patisserie, Coffee Shop and Takeaway. Substantial freehold property. Immaculately presented throughout. Available with vacant possession. Retirement sale/business had same ownership for 18 years. Would suit a variety of uses. Freehold or Leasehold options. Annual rent £22,000.
Freehold £230,000.
Leasehold Premium £35,000.
The property occupies a prominent and highly visible location on the corner of Gibraltar Street and Combie Street in the heart of the popular Argyll town of Oban. Commonly known as the Gateway to the Isles, Oban itself is a hugely popular tourist destination, predominantly during the summer season when the town can play host to up to 25,000 people but also during the remainder of the year for visitors who use it as a base for touring the surrounding area and as a starting point for the majority of the crossings to the Hebridean Islands from its ferry terminal.
Also known as the “Seafood capital of Scotland”, Oban has many quality restaurants and cafes on offer along with a wide selection of hotels and guest houses.
Scotland’s largest city Glasgow can be reached within a two-hour 15 minute drive through the beautiful Loch Lomond and Trossachs National Park with Scotland’s capital Edinburgh approximately 3 hours away.
Our clients had owned and operated this business in Oban for over 18 years, creating Bossards, patisserie/coffee shop from a former restaurant on this site. After numerous awards and many, many happy customers our clients have decided to retire therefore have placed the property on the market and closed the business.
There is an alcohol licence for indoors and outdoors in place therefore the site has many possibilities from being a bar/bistro/restaurant or to continue more along the lines of a coffee shop. There is an excellent outside space alongside where the walkway has all just been recently upgraded which is perfect for some outside covers.
Our client would consider a freehold sale or a leasehold option is also available.
A guide price of £230,000 is sought for the property, goodwill and all fixtures & fittings pertaining thereto.
Leasehold option - £35,000 premium and £22,000 rent per annum.
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Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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