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£170,000

Coast, Shore Road, Whiting Bay, KA27

  • 0 beds
Detached house

£170,000

  • 0 beds
Detached house
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Estimate monthly mortgage payment:

£776 per month

Minimum deposit amount:

£8,500
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Commercial Property with Development Potential in a Shore Front Location

Coast restaurant benefits from a prominent trading position on Shore Road, within Whiting Bay on the extremely popular and picturesque Isle of Arran situated on the West Coast of Scotland. The restaurant sits on the shorefront at Whiting Bay Beach and enjoys fabulous views over the beach, Holy Isle and the Firth of Clyde.

The subjects comprise a single storey brick-built property under various pitched corrugated metal roofs and benefit from an attractive conservatory to the rear which opens onto a separate terrace seating area. The premises have been designed and fitted to a high standard in a very contemporary style yet still provide a warm and homely environment. The front section of the restaurant is home to an attractive bar/servery with some bar seating as well as a comfy seating area with 2 sofas. This area also offers seating for circa 18 diners, with the conservatory seating area to the rear providing a further 22 covers offering uninterrupted views over the beach and the Firth of Clyde. In fine weather, the conservatory also opens onto a terrace with seating area which can accommodate another 20 customers.

The business has been closed since 2019, however prior to this was a well-established bistro with a strong reputation for both food and service and a good regular customer base which is supplemented by the high levels of tourists and day trippers who flock to the island particularly in the summer months and school holidays. This strong reputation is reflected in their 2019 Certificate of Excellence from TripAdvisor. Fixtures and Fittings can be included in the purchase if desired.

The current owners have acquired planning approval for a 3 / 4 bedroom detached home, details of which can be found online by searching via the postcode or the reference number of 22/00715/PP.

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Your estimated purchase costs

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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