Philips Cafe and Restaurant, 102 High Street, Arbroath

O.I.R.O £195,000
  • Recently redecorated Café/Restaurant
  • 52 Covers
  • High Street location
  • Detailed planning consent for owners accommodation
  • Same ownership for 13 years
  • GIA 114.78m2 (1,235ft2) (ground floor only)
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath
  • Philips Cafe and Restaurant, 102 High Street, Arbroath

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This is strictly confidential and will not be passed on to any third party

Philips restaurant offers an excellent opportunity to acquire the freehold of a site with real potential in the centre of a busy tourist town. The restaurant has 52 covers, as well as ample back of house space, and in addition, there is detailed planning consent to convert the upper level of the rear extension into a 2 bedroom flat.

The business currently trades as a daytime café/restaurant offering a simple menu at very reasonable prices. There is scope to increase trade by offering a new evening menu, as well as reviewing the current price structure. It may be possible, subject to planning, to change the proposed flat into letting accommodation, thereby creating a restaurant with rooms.

The EPC rating for the business is G.

Philips Cafe and Restaurant, 102 High Street, Arbroath