Busy Italian Restaurant with Loyal Clientele for Sale in Castle Douglas
Castle Douglas, Dumfries and Galloway
- Status
FOR SALE
- Date Submitted:
01/03/24
- Advert ID
607684
- Freehold: £300,000
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- High Turnover
- Offers Invited
- Retirement Sale
- Ideal for Full Refurbishment
- Town Centre location
- Potential for Alternative Use
- Close to Local Amenities
- Attractive Business
- Central Position in Affluent Village
- Fully Fitted
- Planning Consent Available
- Adjacent to Multiple Retailers
Business Details
Busy Italian Restaurant for sale in Castle Douglas
For sale is a well-established, 12-table Italian restaurant ideally located on the main street of a bustling food town. This popular staging post for food lovers not only caters to 44 seats, but also boasts a regular and loyal clientele that has been built up over the last 37 years. It has been honorably mentioned multiple times as one of the best Italian venues in South West Scotland. The owners are now calling it time due to retirement.
The property also includes a spacious four-bedroom flat above the restaurant, providing flexibility in regard to the potential for other business formats such as a hotel or cafe. Furthermore, there is also additional storage with a large cellar space underneath the restaurant. The price incorporates the fully equipped kitchen, cellar, and the fixtures in the apartment which are open to negotiation.
The characteristic charm of the venue is distinctly evident in the Italian-themed facade with its prominent signage and vibrant green accents. The entrance invites passers-by in with its traditional wooden doorway that emanates a welcoming ambiance. Inside, guests are greeted by an intimate dining atmosphere highlighted by ambient lighting and festive decor. The tables are comfortably spaced to promote a cozy and romantic setting, making it perfectly suited to both casual dining and for those special occasions.
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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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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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