Licensed coastal cafes on the market ahead of season
TWO licensed cafes on the west coast of Scotland have come onto the market, giving prospective buyers the chance to get in on a seaside business in time for summer.
Property agent Smith & Clough is marketing Cafe Bongio in Inverkip and The Savoy cafe and bistro in Ayr.
The 50-cover Savoy, in Ayr’s Sandgate, was established in 1953 and currently trades seven days a week. Smith & Clough director Jonathan Clough said The Savoy benefits from a high level of footfall due to its proximity to the town’s High Street, Kyle Shopping Centre and bus station.
“The premises have recently been refurbished and provide a fantastic opportunity for a new owner/operator,” he said.
Cafe Bongio, meanwhile, is located within the Kip Park retail and business development in Inverkip.
Said to be fitted out to a high standard,Cafe Bongio can accommodate 50 customers inside and a further 50 in the enclosed external terrace.
“Cafe Bongio offers a great opportunity for an incoming owner to take on a well-established business which still offers tremendous growth potential,” said Clough.
Cafe Bongio tenants are held on a 25-year lease expiring in October 2029 with a passing rental of £24,000 per annum; while tenants of The Savoy are held on a 15-year lease from August 2012 with a passing rental of £15,000 per annum.
