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Lease Opportunity for Stunning, Waterfront Restaurant & Bar in Affluent Helensburgh

Helensburgh, Argyll and Bute
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  • Status

    FOR SALE

  • Date Submitted:

    01/03/24

  • Advert ID

    607648

  • Reference

    Cattle & Creel / Rightbiz

  • Call Agent:

    Registered members »

  • Rent: £35,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Stunning, Waterfront Restaurant & Bar Opportunity in Helensburgh

Former Cattle & Creel restaurant

74 West Clyde Street, Helensburgh, G84 8AX

·        Stunning, fully fitted, Restaurant & Bar Opportunity

·        Seafront trading position within popular & affluent town

·        Designed & fitted to an exacting standard

·        Circa 90 covers plus pavement seating

·        Within busy retail & licensed circuit

·        Previously traded as high-end steak & seafood restaurant

·        Would suit a variety of cuisine styles

LOCATION

The subjects benefit from a prominent trading position on the north side of West Clyde Street (A814), which forms part of the promenade, coastal route and main traffic thoroughfare within the established Clyde Coast town of Helensburgh, which lies within Argyll & Bute.

 Helensburgh is an affluent and highly desirable town, situated close to Loch Lomond National Park, which is popular with commuters due to its proximity to Glasgow, with excellent transport links including being served by 3 railway stations.  It serves as a main shopping centre for the area and is popular with tourists and day trippers, attracted to the seaside resort and the various outdoor pursuits the area has to offer.

 Helensburgh town centre is home to a good selection of shops, offices, cafes pubs and restaurants, with a good mix of local and national operators.  Helensburgh is a popular eating and drinking destination, and nearby venues include La Barca, Padrone, Sugar Boat, JD Wetherspoons and Riverhill.

 Helensburgh, which has seen much investment in recent years, also benefits from the nearby Faslane Naval Base, which is situated only 6 miles away and provides significant income to the town from the base and the regular influx of visiting submarines and military personnel.

 THE PROPERTY

The subjects comprise part ground floor of this traditional 2-storey & attic property under a pitched roof, which connects into a single-storey extension to the rear, under a flat roof.

 DESCRIPTION

The subjects are accessed directly from West Clyde Street via an attractive glass entrance vestibule positioned to the right-hand side of the large display frontage, which can be opened up, and offers uninterrupted views over the seafront.

 Internally, the premises have been designed and fitted to an exacting standard, with a stunning New England style décor, with no expense spared and great attention to detail.

 The subjects can accommodate approximately 90 customers internally with a variety of seating options, including the stunning bar area to the front, a split-level stylish dining area to the rear, as well as bar seating and high stools to the rear overlooking the open ‘theatre’ kitchen which is positioned in the centre of the restaurant.

ANCILLARY AREAS

·        Fully fitted catering kitchen

·        Dishwash area

·        Male, female & disabled toilets

·        Beer cellar

·        Office

·        Store with walk in chill room

SIZE

We understand that the subjects have a gross internal area of 229.51 SqM (2,470 SqFt)

FIXTURES AND FITTINGS

We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.

 BUSINESS RATES

The subjects are entered in the current valuation roll as having a rateable value of £18,700.

LICENSES

The business trades with the benefit of a premises licence.

 TENURE

 Our client is willing to offer a fresh, full repairing and insuring (FRI) lease with negotiable terms and duration and are seeking initial rental offers in excess of £35,000 per annum.

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Particulars / More Information

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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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