Property for sale West Lothian, Fife, Lanarkshire, Edinburgh and Scotland.

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Property Details
Address The Smiddy Bistro, Smithy Lane
Postcode PA31 8TA
Price £185,000 (Fixed Price) Mortgage Calculator
Property Type Commercial Property
Bedrooms 0
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Property Description

   

The Bistro

Featuring a natural stone floor together with a wood beamed ceiling, giving it a warm comfortable atmosphere.  It is set for 34 covers.  At the entrance there is a Servery with attractive chill display counter, espresso coffee machine and shelving.  2 Feature stain glass windows to the rear of the property further enhance the ambience.

Toilets

There are Ladies and Gentleman's toilets.

Licence

A refreshment licence is held under the 1976 Licensing Act permitting the sale of alcohol during standard permitted hours.  An application and fee has been lodged timeously with the local Licensing Board to continue this licence based on grandfather rights under the 2005 Act.

Hours of Trade

Monday to Saturday - 10am - 5pm

The Kitchen

The kitchen is L shaped and equipped with a gas hob, grill, combination oven, 2 microwaves, 3 refrigerators, a fridge freezer, 2 small freezers and a chest freezer.  There are double sinks, a wash hand basin and ample shelving and work areas.

The Stock

The stock will be purchased at valuation on entry.

Items included in the sale

The movables throughout will be included, with the exception of the Sellers personal belongings.  These will be highlighted at the viewing stage.

Turnover

The turnover for the year ended 30 April 2007 show sales of £131,404 net of VAT.  This produced a very good adjusted net profit of over £50,000.  The projected turnover for April 2008 is up by 15%.  For anyone wishing to increase the trade there is a substantial demand for evening meals in Lochgilphead particularly at weekends and Sunday opening could also prove lucrative

Directions

From Colchester Square follow Argyll Street up towards the Church.  Take first turning on your left into Lorne Street.   Then The Smiddy is located down the second lane on the right hand side.

Services

Mains Water /Sewerage, Electric.  Oil filled electric radiators.  Electric feature fire.

Rateable Value - £3,300

Viewing Arrangements

Strictly by prior appointment by contacting Argyll4Sale - 01546 603118.

Price

A fixed price of £185,000 is sought and should be lodged in writing with Argyll4Sale.

Prospective buyers are advised to register their interest through a solicitor.  However our clients are not obliged to proceed to a closing date and reserve the right to sell without notice.  Our clients are not bound to accept the highest or indeed any offer.

Agents Notes - We have carried out a visual inspection of the property in order to prepare these particulars.  All measurements have been taken using an infra-red measure however are not guaranteed. If any detail is fundamental to the purchase, prospective purchasers are recommended to obtain further information





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