Popular Restaurant and Bar in Wellbank, Dundee For Sale in Dundee- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale this popular restaurant and bar, which has been in our client's careful hands since 1996 and is only now offered to the market due to our client's wish to retire. The substantial premises are well-equipped to suit trade and boast a quality contemporary finish offering two bar areas, a restaurant set in the large conservatory and a function room. The business provides an extensive menu in the restaurant and is well known for its Mexican themed fare. The function room can accommodate up to 120 guests and is very popular for weddings and other celebrations and could also be used for conferences. Our client has developed a relaxed and welcoming atmosphere and is renowned for great food and drink. The business generates a turnover in the region of £400,000 per annum, with a gross profit of 65%. There is already an extensive web site in place containing information on facilities, location and contact details. We have been advised that planning permission has been approved to extend the premises to include a 14-bedroom hotel with health and fitness facilities, which would substantially increase turnover. This is an ideal opportunity to acquire a popular and already profitable bar and restaurant which has huge potential for expansion. Early viewing and negotiations with Preferred Commercial must come highly recommended.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

	Details of Accommodation:	Substantial single storey property comprising bar, restaurant and function room with full central heating, ample car parking and planning permission for expansion. Briefly comprising: Ground Floor • Bar with stools, tables, chairs, dart board, plasma television, games machine, bar servery with 7 points of dispense and alcohol display refrigerators. Ladies and gentlemen's WCs • Conservatory restaurant with terraced dining areas, tables and chairs for 70 covers, carvery/buffet serving counter and access to outside patio • Cocktail bar with tables, chairs, bar servery with 6 points of dispense, alcohol display refrigerator, coffee machine and wine refrigerator. Ladies, gentlemen's and disabled WCs • Function suite suitable for 120 covers, tables and chairs, stage, dance floor, light-up ceiling, 2 x store rooms and bar servery with 4 points of dispense, bottle chiller, glass cleaner. Ladies and gentlemen's WCs • Kitchen with 6-burner gas hob and oven, 7 x refrigerators, Bain Marie, commercial fryer, double sink unit, grill, commercial oven, 3 x microwave ovens, 5 x freezers, extraction system and dry store with shelving • Utility area with washing machine, tumble dryer, dishwasher, ice machine, refrigerator, freezer, cupboards and shelving • Office with desk, chair and shelving Lower Ground Floor • Large refrigerated cellar with kegs and associated equipment, chest freezer and shelving External • Outside decked area with disabled access ramp, tables, chairs, pool table, patio heaters and electric palm trees • Forecourt car park for approximately 35 vehicles • Access to rear of premises for deliveries

	Location:	Cath Rennie's occupies substantial detached premises situated amongst stunning scenery in Wellbank, Dundee. The business enjoys a monopoly trading position, with no local competition, and boasts a large private car park. The property is located in a popular residential area and there are a number of complementary businesses in the vicinity. Wellbank is a vibrant village and the area attracts tourists seeking outdoor activities such as walking, climbing, fishing and, of course, golf. The premises are based close to the B978, and approximately 5 minutes' drive from both the A92 and A90. Dundee city centre is approximately 7 miles to the southeast.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon: Closed
Tues - Sun: 12.00pm to 11.00pm

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