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Olive Garden Restaurant for Sale

Oban, Scotland-Strathclyde

Leasehold : £ 40,000

Oban is a popular destination with tourists and those travelling to the Western Isles. The area is well-liked particularly by yachtsmen who take advantage of the wonderful sheltered waters and harbours. The areas around the town have a peaceful and tranquil atmosphere with extensive access to outdoor pursuits – with walking, cycling, boating, fishing and wildlife watching all popular. The town of Oban offers a full range of amenities including shops, offices, businesses, leisure facilities, schools, medical facilities and a hospital. It offers good travel links by road, sea, rail and air. It is also an expanding port with an attractive sea front and busy harbour from which the Caledonian MacBrayne ferries operate serving the Inner Hebrides and some of the Outer Hebrides.

A superbly presented licensed restaurant with an outstanding trading location in the thriving and busy town of Oban
Strong reputation supported by excellent trading figures and a consistent year-round loyal trade
Modern and relaxing ambience with excellent quality customer facilities with up to 80 covers inside and 45 externally on decking
Superb and very well-equipped service areas

Tenure: The Lease is a Fully Repairing and Insuring (FRI) and is presently in place to September 2021 but the current proprietors understand that the landlord may be prepared to extend the lease should new owners wish to do so. Annual Rent is set at £25,000 Per Annum. A copy of the lease document will be made available to interested parties post viewing. New tenants will be required to provide £10,000 Rent Deposit.
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