Thriving Cafe And Bistro In St Andrews Fife For Sale

Business description

Preferred Commercial is delighted to offer for sale this thriving café and bistro, which was established in 2009 and which is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £350,000 per annum with a gross profit of 75%. Chillies offers a bistro service in the evening and trades as a café in the day. We feel the turnover could be further increased by extending the opening hours later in the evenings and by offering a takeaway service. There is also the opportunity to extend the range of food available and perhaps serve a full restaurant menu in the evenings. The business has an excellent reputation and is renowned for its quality service. There is a website in place advertising the business and services provided. The premises are well-equipped to suit the trade and boast 2 commercial kitchens and 2 restaurant areas. We feel one of the restaurants could be used to host functions and corporate events. A new owner could, if desired, serve differing cuisines in each of the restaurants. We feel this is an ideal opportunity to acquire an already busy café and bistro with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 25 years
Remaining: 23 years
Rent: £52,000 per annum

Leasehold rent:

£52,000 per annum

Location:

Chillies occupies substantial 2-storey lock-up premises, ideally located in a prominent trading position in a busy parade of shops in the heart of St Andrews, Fife. The business is ideally situated near the town's amenities as well as a wealth of complementary shops and businesses. There is a high footfall and much passing trade. St Andrews is a popular tourist destination and is often referred to as the 'home of golf'. The town is home to the world famous University of St Andrews, which is one of the highest ranking universities in the United Kingdom. The premises boast easy access to the A-road network including, the A91 and A92. Dundee lies approximately 12 miles away, while Perth lies 26 miles away.

Premises details:

Substantial 2-storey mid-parade lock-up café and bistro premises. Briefly comprising:

Ground Floor
• Restaurant waiting area with tables and chairs for up to 12 covers
• Restaurant withsofas, tables and chairs for up to 40 covers, bar servery, espresso machine and cake display
• Disabled WC with wash hand basin
• Commercial kitchen with dumb waiter
• Preparation area with bottle store and beer cellar

First Floor
• Commercial kitchen with dumb waiter
• Restaurant area with tables and chairs
• Ladies and gents WCs with wash hand basins

External
• Single fronted restaurant

Business Operation

Trading hours:

Mon - Sun: 9:00am to 9:00pm