Marketed by
Graham & Sibbald
Hotels
40 Torphichen St, Edinburgh EH3 8JB, UK
Available
1 of 10
Offers in the Region of
£375,000
Restaurant Opportunity, (Former Peking Palace), Charleton Road, Montrose, DD10 9EB
3000 sq. ft (278.71 m²)
Key features
- Renowned Restaurant in the Area
- Sitting on a c.0.7-acre site - Development Opportunity
- Incentives May Be Available Depending on Covenant Strength
- Premium Offers of Around £20,000
Description
Graham + Sibbald are delighted to bring to market this Restaurant Opportunity in Montrose, available for sale. The restaurant is located within the coastal town of Montrose, sitting between Dundee and Aberdeen. The town itself has an attractive centre. More specifically, the restaurant sits to the north of the town centre, on the main road (A92). The restaurant is ideally located close to a predominantly residential area as well as a commercial industrial/office site. This can provide consistent trade to the premises with customers regularly in the area. Internally, the restaurant has its main dining area for around 70 covers, there is also a lounge bar for 50 covers. There is also a large commercial kitchen with extensive storage and prep areas. Externally the restaurant has a large customer car park which presents development opportunities, either a change of use or perhaps outdoor al-fresco seating for customers, subject to the necessary planning or licenses.
The availability of this restaurant presents a fantastic opportunity for a restaurant operator to buy a premises established as a restaurant for 37 years. There is also the potential development opportunity to convert the site into a different use.
The availability of this restaurant presents a fantastic opportunity for a restaurant operator to buy a premises established as a restaurant for 37 years. There is also the potential development opportunity to convert the site into a different use.
Reference: 53820_sales
Marketed by
Graham & Sibbald
Hotels
40 Torphichen St, Edinburgh EH3 8JB, UK
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