Property photos
Business
Leasehold
£30,000 pa
(£10.00/sq. ft. pa)
Restaurant to let
Restaurant Opportunity, (Former Peking Palace), Charleton Road, Montrose DD103,000 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Borrowfield Primary School 0.3 miles
- Lochside Primary School 0.7 miles
- Montrose 1.1 miles
- Laurencekirk 7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Montrose to find out more about the local area.
Features and description
- Leasehold
- Renowned Restaurant in the Area
- Sitting on a c.0.7-acre site - Development Opportunity
- Incentives May Be Available Depending on Covenant Strength
- Premium Offers of Around £20,000
Fantastic Opportunity to Operate a Fully Fitted Restaurant
Renowned Restaurant in the Area
Sitting on a c.0.7-acre site - Development Opportunity
Incentives May Be Available Depending on Covenant Strength
Premium Offers of Around £20,000
Graham + Sibbald are delighted to bring to market this Restaurant Opportunity in Montrose, available to let / may sell. The restaurant is located within the coastal town of Montrose, sitting between Dundee and Aberdeen. The town itself has an attractive centre. More specifically, the restaurant sits to the north of the town centre, on the main road (A92). The restaurant is ideally located close to a predominantly residential area as well as a commercial industrial/office site. This can provide consistent trade to the premises with customers regularly in the area. Internally, the restaurant has its main dining area for around 70 covers, there is also a lounge bar for 50 covers. There is also a large commercial kitchen with extensive storage and prep areas. Externally the restaurant has a large customer car park which presents development opportunities, either a change of use or perhaps outdoor al-fresco seating for customers, subject to the necessary planning or licenses.
The availability of this restaurant presents a fantastic opportunity for a restaurant operator to either lease or buy a premises established as a restaurant for 37 years. There is also the potential development opportunity to convert the site into a different use.
Renowned Restaurant in the Area
Sitting on a c.0.7-acre site - Development Opportunity
Incentives May Be Available Depending on Covenant Strength
Premium Offers of Around £20,000
Graham + Sibbald are delighted to bring to market this Restaurant Opportunity in Montrose, available to let / may sell. The restaurant is located within the coastal town of Montrose, sitting between Dundee and Aberdeen. The town itself has an attractive centre. More specifically, the restaurant sits to the north of the town centre, on the main road (A92). The restaurant is ideally located close to a predominantly residential area as well as a commercial industrial/office site. This can provide consistent trade to the premises with customers regularly in the area. Internally, the restaurant has its main dining area for around 70 covers, there is also a lounge bar for 50 covers. There is also a large commercial kitchen with extensive storage and prep areas. Externally the restaurant has a large customer car park which presents development opportunities, either a change of use or perhaps outdoor al-fresco seating for customers, subject to the necessary planning or licenses.
The availability of this restaurant presents a fantastic opportunity for a restaurant operator to either lease or buy a premises established as a restaurant for 37 years. There is also the potential development opportunity to convert the site into a different use.
More information
Listed by
Graham + Sibbald
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