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Prominent Restaurant Business for Sale, Yan's Kitchen, Main Street, Port Charlotte, PA48 7UD

2,368 Sq Ft / Leisure / Restaurants / Cafes

Withdrawn - Last updated: 07 February 2019

‘Yan’s Kitchen’ is a former croft building of stone construction, which was renovated in 2014 to form the current restaurant and contains the following accommodation:

Restaurant - The restaurant takes access off the external seating area and is broadly rectangular in shape, with modern décor and accommodating 40 covers. Wooden flooring is in place with lined walls and ceilings incorporating spotlights. A bar servery links through to the kitchen and a bespoke wood burning stove provides a focal point in the restaurant. Male and female toilets are accessed off the restaurant.

A manager’s office and store are located to the rear off the main restaurant. In addition there is an external store.

Kitchen - Linked via the bar is a standard commercial kitchen with six ring propane gas burner and extraction unit, grill, fridge and freezer as well as various preparation tables. An inventory can be provided upon request. There is direct access to a dry store larder to the rear, also accessing a utility room, bar store and staff toilet.

Garden - The property has a stone dyke bound garden looking towards the shoreline of Loch Indaal with external seating in place. 

The property has a private car park accessed off Main Street.

Location

Islay is the most southerly island within the Inner Hebrides off the West Coast of Scotland and is accessed via ferry from Kennacraig, south of Tarbert on the mainland, approximately 107 miles by road from Glasgow including a spectacular drive through Loch Lomond and The Trossachs. Islay airport offers  scheduled flights to and from Oban and Glasgow, with onward flight connections throughout the world.

Islay is a popular holiday destination and has a resident population of around 3,300 persons with a further estimated 75,000 visitors during the tourist season attracted by its wonderful scenery, beaches and cliffs, mixed woodland and mudflats with an amazing array of birdlife and over 100 species present on the  island all year round. Islay is perfect for outdoor pursuits including fishing, sailing, cycling, walking and golf with ‘The Machrie’ consistently ranked within the top 100 UK golf courses.

Islay is a mecca for whisky enthusiasts with a number of whisky trails and nine distilleries including Ardbeg, Bowmore, Bruichladdich, Bunnahabhain, CaoIla, Kilchoman, Lagavulin, Laphroaig and Gartbreck. Visitors come from all over the world to experience the whiskies produced on the island with all of the distilleries offer tours and tastings as part of the experience.

Port Charlotte is situated on the western side of the island, overlooking Loch Indaal and is home to the Bruichladdich distillery, one of the largest on the island, which neighbours ‘Yans Kitchen’ and is a regular source of tourist and corporate business. The Museum of Islay Life is also nearby.

Islay is an ideal environment to bring up a family, operate a business and to enjoy life with ‘Yans Kitchen’ offering a lifestyle business to the buyer.

Accommodation

From our on site measurements and on a gross internal basis, the subjects extend to a gross floor area of 220 sq.m (2,368 sq.ft)

Terms

Business - Having purchased the property in 2014 and carried out a £XXX renovation, the current owners have transformed the former croft kitchen into ‘Yan’s Kitchen’, a thriving licensed seafood, grill and tapas restaurant, which won a Certificate of Excellence in 2016 from Trip Advisor and is considered to be one of  the islands more recent success stories with a strong reputation in Scotland and abroad.

Operating 7 days per week between March and October in order to meet the large population and seasonal changes on the island, the business is run full time by the owners with a seasonal team of eight staff. The business thrives on tourist trade, aided by its immediate proximity to the Bruichladdich distillery but also has a strong island custom base for private functions and events.

Examples of menus and reservation options can be found on the website www.yanskitchen.co.uk although please note that no contact should be made directly with the business.

Turnover has increased annually since the business opened in 2014, with 2016 sales in excess of £XXX with an excellent gross profit. Accounting  information can be provided to interested parties upon request to the agents.

Rating - We note the Rateable Value to be £XXX The property qualifies for 100% rates relief via the Small Business Bonus Scheme, subject to occupier status

Price - Offers of £XXX are invited for our client’s heritable interest to include the goodwill, fixtures and fittings. All offers should be submitted to DM Hall in Scottish Legal terms. 

Our clients may consider a leasehold option and further details are available upon request from the sole selling agents. 

All prices are quoted exclusive of VAT (if applicable).

Finance - DM Hall are in regular contact with the specialists involved in the financing of business and property purchases in Scotland and would be happy to effect the necessary introductions if required.

EPC - The property has a G energy rating. The report is available upon request.

Legal Costs - Each party to be responsible for their own legal costs incurred during the transaction. In the event of a lease, the incoming Tenant will be  responsible.  

Specification

  • Idyllic position overlooking Loch Indaal on the west coast of Islay
  • Adjacent to Bruichladdich distillery and the Museum of Islay Life
  • Unique opportunity to acquire a high quality lifestyle business
  • 40 cover licensed seafood, grill and tapas restaurant
  • Recently refurbished with external seating area and car park
  • Strong reputation with turnover in excess of £XXX per annum
  • Offers of £XXX for the property and business
  • Leasehold option available


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