‘Sea Salt’ is contained within a mid-terraced, singe storey building that has been substantially redeveloped and modernised for use as a well appointed licensed restaurant.
The main restaurant area takes access off of Frederick Crescent and is regular in shape, with modern décor and accommodating 28 covers. A bar servery has been built linking through to the kitchen and male and female toilets are accessed off the restaurant.
A manager’s office and stores are located towards the rear.
The kitchen is fully fitted and well-appointed with fixtures and fittings forming part of the sale.
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 3300 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, Cao Ila, Kilchoman, Lagavulin, Laphroaig and the soon to open 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 Ellen is situated to the south of the island and is one of its larger settlements with an inherent population of around 700 persons, rising substantially during the busy tourist season. Frederick Crescent is a main thoroughfare in the village a short distance east of the ferry terminal and close to tourist attractions.
Accommodation
From our on site measurements and on a gross internal basis, the subjects extend to a gross floor area of 114 sq.m (1,229 sq.ft)
Terms
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.
BUSINESS
‘Sea Salt’ has been in operation since 2015 and is a popular eatery on the island serving the local and tourist communities alike. The business is open all year round and is currently operated under occupational licence by the previous owners. Given the circumstances of sale the business is being sold having regard to trading potential but without the benefit of trading accounts. Fixtures and fittings are to form part of the sale and vacant possession will be provided upon request.
PRICE
Offers over £XXX are invited for our client’s heritable interest as an operational entity but without accounts and to include the fixtures and fittings.
All prices are quoted exclusive of VAT (if applicable).
EPC
Available upon request.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred during the transaction.
Specification
- Prominent position within popular village of Port Ellen
- Close to ferry terminal and tourist attractions
- Well-appointed 28 cover licensed restaurant and takeaway
- Sold as a heritable trading business to include fixtures and fittings
- Offers over £XXX