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The Market Place, Portree, Isle Of Skye, Portree, IV51 9HH – Uig

Leisure property for sale

£125,000 62.92 sq m

ASG Commercial
Full address
Market Place, Portree, Highland IV51 9FD – Uig
Contact details

020 *** ****

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Property type
Leisure property for sale
Asking price
Cafe, Car park, Kitchen, Modern, Office space, Open plan, Restaurant, Spacious, Storage, Telephone system
62.92 sq m
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Popular Cafe on the Stunning Isle of Skye
Excellent restaurant / cafe situated on the outskirts of the ever-popular tourist town of Portree.
• Affordable, modern and popular restaurant in an excellent trading location on the outskirts of the ever-popular tourist town of Portree.
• Situated in the Capital of the Isle of Skye, this restaurant / café is a popular destination for both visitors and locals alike.
• Excellently presented building and café with seating for over 22 customers offering a comfortable dining experience.
• Easy to operate business with compact and modern facilities, set to an internal area of around 62.92m2, including open plan kitchen area, spacious store and W.C.
• Well sign posted unit with superb branding plus parking to the front of the subjects.
The Market Place trades as a restaurant / café within the Portree Industrial Estate located on the outskirts of the highly popular tourist destination that is Portree. The business is set within an area surrounded by other businesses and offices which draws in an element of local footfall in addition to the many visitors who take their holidays on Skye. The sale includes all fixtures and fittings and the trading name etc. The unit is set over a single floor with an open plan dining and kitchen area; there is customer seating for 22 customers plus the business caters for takeaway food. The property has an internal area of circa 62.92m2 and is well-appointed throughout with excellent branding.
TRADE The Market Place operates as a seafood bar, grill and cafe producing high quality food for consumption on the premises and for takeaway food. The cuisine is focussed on locally sourced Island produce and seafood and is freshly prepared to order. There is scope to focus more on the café elements during the day, thereby generating a higher footfall.
The business has a high throughput of visitors during the main holiday season (April to October) but is also supported year-round by the local population. The Market Place has a strong reputation which has been substantiated by the Trip Advisor Certificate of Excellence for 2018. Open year-round, food service timings are; Monday 5 pm – 9 pm; Tuesday to Saturday 11:30 am to 3 pm and 5 pm to 9 pm; closed Sunday. Marketing is by way of the VisitScotland website and through the utilisation of Facebook (www.facebook.com/pg/themarketplaceskye). The business does not have a website and this could be a development aspect of the business.
This simple to operate business trades at a profitable level and new owners could change the operating model to suit their own aspirations. There is scope to trade seasonally, maximising effort just in the main tourism season or to extend opening to increase turnover. The business would be ideal for a couple to operate using only temporary staff to support peak trade periods.
LOCATION The premises are located in Market Place off the A87 which is just a short drive from the town centre. Portree benefits from a wide range of shops including supermarkets, hotels, restaurants, leisure facilities, a modern medical centre and cottage hospital. The town also benefits from both secondary and primary schools. The Skye Bridge is some 32 miles to the south providing toll free access onto the mainland. The island is a renowned tourist destination with its centre being dominated by the Cullin Mountains which provide some of the most dramatic scenery in the UK. Skye also has an abundance of historical sites, a wide range of wildlife and rugged landscapes ensuring that the local economy has a sustainable tourism industry which in turn sustains many other businesses.
THE PROPERTY Set within a purpose built well-presented modern industrial unit, the building has an approximate internal area of around 62.92m2. Constructed of steel portal frame, block walls and pitched insulated profile metal clad roof, the business has been attractively fitted out to meet its current use with all fixtures and fittings being of a modern standard and meeting extant legal requirements.
The internal aspects of the property comprise of an open plan customer area which is attractively decorated with a nautical theme (reflecting the cuisine). The trading areas are set to free-standing tables and chairs which comfortably seat 22 customers. Off the customer area is a unisex / disabled W.C. To the rear of the restaurant is a charming service counter with a coffee unit to its rear. The restaurant is licensed and serves a range of bottled alcoholic and non-alcoholic beverages. An open portal leads into the modern and highly functional kitchen and to its side is a large storage area where there are refrigerated and frozen storage units.
EXTERNAL AREAS The subjects have the benefit of parking spaces to the front aspects.
SERVICES The subjects benefit from mains electricity, water and drainage. LPG gas is used for cooking. Heating is provided by electrical panel heaters.

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