Beautifully Presented Freehold Restaurant Premises Located In Dunfermline For Sale

Description

An excellent opportunity to acquire a substantial freehold restaurant property offering more than 70 covers in the popular city of Dunfermline, Fife. Available either as a fully operational going concern or as an investment with the current tenant remaining in place, this is a versatile opportunity suitable for owner-operators and investors alike.Guide Price: £395,000 FreeholdThe property occupies a prominent position on the south side of Nethertown Broad Street, just a short distance from Dunfermline city centre. It forms part of a small commercial parade with customer parking available directly to the front and shared access to a private car park at the rear.Dunfermline is one of Fife's largest and fastest-growing cities, benefiting from excellent transport links via the M90 motorway, providing convenient access to Perth, Edinburgh and the surrounding areas. The property is also located close to Dunfermline railway station, offering regular services throughout Scotland.The city attracts visitors year-round thanks to attractions including Dunfermline Abbey and the Andrew Carnegie Birthplace Museum, helping support a strong local and visitor economy.The PremisesThe restaurant has been finished to a high standard throughout, creating a bright, modern and welcoming dining environment.Features include:* Seating for more than 70 diners* Flexible open-plan dining area* Combination of movable tables and comfortable booth seating* High-quality fixtures and fittings throughout* Shared customer parking to the rear* Prominent roadside frontage with excellent visibilityBusiness BackgroundThe current owners acquired the former nursery building in 2007 and transformed it into a high-quality restaurant. Following approximately 10 years of successful owner operation, the premises have been occupied by an established Italian restaurant operator since 2017, maintaining an excellent reputation among both local residents and visitors.The property is now being offered for sale as the owners wish to focus on expanding their other business interests.Although currently operating as an Italian restaurant, the quality of the premises and flexible layout make the property suitable for a wide range of restaurant concepts and international cuisines.Investment OpportunityThe purchaser may choose to acquire both the property and business as a going concern or retain the existing tenant as an investment.The current occupier operates under a Licence to Occupy commencing 17 May 2024 for a period of 10 years, generating an annual rental income of £28,600.Key Features:* Freehold restaurant property with guide price of £395,000* Seating for over 70 guests* High-quality fixtures and fittings throughout* Prominent location close to Dunfermline city centre* Shared customer parking available* Available as a going concern or investment opportunity* Established tenant in place with annual rental income of £28,600* Suitable for a wide variety of restaurant concepts* Excellent transport links and strong local customer base