New owner sought for Renfrewshire restaurant business
A RECENTLY-revamped restaurant in the Renfrewshire village of Kilmacolm, which has been under the same ownership for almost 40 years, is on the market.
Located on Lochwinnoch Road in the heart of the village, Pieri’s has recently been extended and refurbished to an “exacting standard with high quality finishings throughout”.
The 40-cover outlet, which also has a large bar area, currently trades six days a week as an Italian restaurant and café bar, offering a range of menus from breakfast, lunch or coffee and cake through to pre-theatre and a la carte.
This represents an extremely rare opportunity to secure a restaurant in Kilmacolm.
Said to have a strong reputation for its traditional, freshly-made Italian food, the restaurant has been in the Pieri family since 1979; the premises was leased out for a period before being taken back and refurbished by the family in 2014.
Jonathan Clough of Smith & Clough, which is marketing the property, said Pieri’s offers “a tremendous opportunity for a new owner”.
“I am expecting high levels of interest given the quality of this business, as well as the fact that this represents an extremely rare opportunity to secure a restaurant in Kilmacolm,” he said.
“Outwith a small Indian restaurant and takeaway and a pub, there are no other restaurants in Kilmacolm, an area which offers an extremely affluent and captive audience.”
Leasehold offers over £125,000 are sought; freehold offers may also be considered.