The Caberfeidh (Freehold) Main Street, Lochinver, Sutherland, IV27 4JY Situated on the North Coast 500 A charming café / restaurant set Spacious owner’s / staff Stunning setting with a Presently operated as a within the rugged North-West accommodation with 3 large splendid outlook and an Highlands in the picturesque bedrooms, 2 shower rooms and external seating area with new owners to change the round offering high quality food coastal village of Lochinver with a lounge /dining room with trading model (café etc.) to within a rustic c46-seat kitchenette the bay suit their own preferences and towards hills establishment DESCRIPTION The Caberfeidh is a fantastically located property on the main road into The Caberfeidh has a sound reputation for quality cuisine. The business has a Lochinver, benefiting from excellent signage and a large car park immediately functional website (www.thecaberfeidh.co.uk). Benefitting from an excellent adjacent. The restaurant has a beautiful setting in that the main customer area situation in an area of already established tourism and on the North Coast 500, has a stunning view across the sea loch of Lochinver to the hills beyond. the business benefits from a consistent level of trade. During the spring and summer seasons, the garden seating allows diners to Opening Times: eat alfresco whilst occasionally watching an array of wildlife in and around the Monday – Closed waters edge. This property has a charming character with exposed stone walls, Tuesday to Friday – Bar - 5:00pm to 1:00pm and Restaurant - 5:30pm to 2 wood-burning stoves and attractive use of wooden serveries and flooring 8:30pm etc. providing a most rustic and natural ambience. Saturday – Bar - 5:00pm to 12:00am and Restaurant - 5:30pm to 8:30pm Sunday – Bar - 12:30pm to 11:00pm and Restaurant -1:00pm to 3:00pm The original aspects of the building date back to the early 1800s, with more and 5:30pm to 8:30pm recent additions. The Caberfeidh is a well-established business which has a long trading history over many years. The business is ideally situated to take advantage of the popular NC500 and the beautiful area surrounding the village. The building has a large footprint with two internal trading areas plus support facilities and an external patio area offering a further dining option during warmer weather. The internal areas can comfortably seat around 48 guests. In addition, there is spacious owners and staff accommodation, mainly set to the first floor making this a tremendous home and lifestyle opportunity. This business would ideally suit a couple with some hospitality background. The subjects offer new proprietors a range of possibilities regarding trading options, this may be choosing to trade mainly as a café operation during the day, opening 7 days a week, etc all depending on personal choice. TRADE The business trades year-round but could lend itself to a seasonal offering should this suit the personal preference of new owners. The current owner’s presently trade the business 6 out of 7 days opening during the evening time only; this is because they also have a B&B establishment just outside the village. There is undoubted potential to operate the business during the day time offering a generalist café service and lunches. The property has around 48 covers internally and 6 tables outside. Despite the restricted trading hours, the business generates a sound profit from a turnover of c£250,000. The current operation relies on a fairly high level of staffing as the owners have other business commitments. LOCATION Lochinver is a picturesque Highland fishing village enjoying a stunning setting The village and area of Lochinver has a range of facilities including hotels, cafés, with an abundance of wildlife right on its doorstep. Wild deer are commonplace general stores, Post Office and a petrol station. Excellent primary schooling is in the surrounding hills and glens, sharing their habitat with golden eagles, sea available within the village and secondary schooling is provided in Ullapool. eagles, black-throated divers, ptarmigan, wild goats, pine marten and mountain Ullapool also has a wide range of community facilities including the ferry to the hare amongst others. In the streams and lochs otter, salmon and sea trout can Outer Hebrides plus wide a choice of shops and a supermarket. be observed. This rugged area is world-renowned for its outdoor pursuits including mountaineering, hill walking, cycling, photography, fishing and game REASON FOR SALE sports. Less energetic visitors enjoy the many historic and fascinating places of The vendors purchased the business in April 2014 and have enjoyed developing interest and, of course, the outstanding natural beauty of the area including the the trading aspects of this popular restaurant. It is now their desire to focus on captivating sandy beaches, just a short walk from the property. other business interests that brings this highly attractive opportunity to the market. The mountains and hills within the area offer walks for all ability levels and are home to many unique habitats for flora and fauna that attract visitors from all THE PROPERTY around the world. Towering above Lochinver and its deep-sea loch are two The main building is of stone construction under a slate roof and was originally spectacular yet accessible peaks, Suilven, 'the Sugar Loaf' and Canisp. Both constructed in the early 1800s with more recent extensions. The property is set provide a challenging day's walk from the Caberfeidh and both are visible from over 2 floors with a basement level currently used for storage only. The property the B&B’s conservatory and garden grounds. Lochinver is an excellent base from benefits from excellent signage, ample public parking immediate adjacent to the which to explore the beautiful west coast with Gairloch, Ullapool and Kylesku building as well as a beautiful waterside location. close by. THE RESTAURANT Access to the main building is from a set of double doors leading into the bar area which has seating for 18 on a mix of free-standing dining tables and chairs plus bar stools. This pleasant area has beautiful exposed stone walls, a wood-burning stove and wood flooring immediately providing a lovely ambience. In the corner is a compact but ideally suited bar servery with wood panelling. From this area double doors take guests into the conservatory style main restaurant with views along the shoreline and over the bay. This area also benefits from a solid fuel stove and has a service counter and coffee machine to one end of the restaurant. There is a doorway leading directly to the kitchen which aids ease of food service. Off the initial area is a disabled wash room and there are additional bathrooms (ladies and gents) off the main restaurant. An external door from the main restaurant leads to steps down to the patio area. SERVICE AREAS The business has very good service areas which include a well-appointed commercial kitchen with an excellent range of food preparation equipment etc. Additional service areas include a further preparation room and pot-wash area. There is a laundry and beer cellar. The business has ample storage within a basement area which is greatly under-utilised. ACCOMMODATION The private accommodation is accessed by a separate door leading to a hallway and stairs. The owner’s accommodation is mainly set to the first floor and comprises of 4 rooms; 3 of which are configured to bedrooms and a large lounge /dining / kitchenette. There are two shower rooms; one on the ground floor and the other on the first floor. The present operation allows for staff to utilise these rooms but the property would allow for spacious family accommodation. The rooms require a degree of decorative refurbishment but otherwise are in good condition and offer excellent space. GROUNDS The Caberfeidh is well sign-posted and is situated immediately adjacent to a large public car park. There is a spacious patio area to the rear of the property with lovely coastal views and set to five bench tables plus a covered area. There is a private courtyard area for deliveries etc. SERVICES With mains electricity, water and drainage, the business uses calor gas for cooking. The property benefits from oil-fired central heating. TRADE VIEWING The Caberfeidh trades profitably and full trading figures will be All appointments must be made through the selling agents: presented post viewing. ASG Commercial Ltd, 17 Kenneth Street, Inverness, IV3 5NR T: 01463 714757 M: 07799 896931 (Paul Hart) WEBSITE E: [email protected] www.thecaberfeidh.co.uk W: www.asgcommercial.co.uk EPC RATING OFFERS The EPC rating of the property is ‘tbc’. All offers should be submitted in writing to ASG Commercial Ltd with HOTELS whom purchasers should register their interest if they wish to be LICENSING advised of a closing date. LICENSED The business has a liquor license under the provision of the Licensing RETAIL Scotland Act 2005. A copy of the Operating Plan will be made available to interested parties after viewing. OFFICES INDUSTRIAL RATES UNITS The rateable value of The Caberfeidh as at 1 April 2017 is £11,000 benefiting from a 100% discount under Small Business Bonus Scheme with a net liability of £0.00 for eligible applicants. PRICE Offers over £295,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory). 17 Kenneth DIRECTIONS Street The business is clearly sign posted on the A837 in the village of Inverness Lochinver; see the inset map. Inverness 86 miles / Ullapool 36 miles. IV3 5NR Telephone FINANCE & LEGAL SERVICES ASG Commercial is in touch with several lenders who provide specialist finance to the hospitality trade.