Award-winning seafood restaurant offers scope for growth
AN award-winning seafood restaurant on the Isle of Mull which is said to offer scope for further growth has come onto the market.
Located on the ferry pier in Tobermory, Cafe Fish has built a reputation as a destination seafood restaurant since it first opened in 2004. Its reputation for fresh seafood is underlined by the fact it holds a registered fish buyer’s licence, meaning it can buy shellfish daily, direct from local fishing boats.
The eatery occupies the art deco building which previously housed ferry operator CalMac’s ticket office and offers spectacular views over the Sound of Mull.
An initial 38 covers can be accommodated inside the venue, with space for a further 50 on the outdoor terrace; the restaurant is said to typically serve 80 to 90 guests at lunch time and the same again in the evening.
Traditionally open from mid-March until the end of October, the business offers scope for a new owner to trade year-round.
Jane Gill, who owns and operates Cafe Fish with cousin Liz McGougan, said they have made the decision to sell to be closer to family.
“Mull is a magical island – the landscape and the warmth of the community get under your skin and it feels very much like home, but time moves on and so have our personal circumstances,” she said.
“It’s ironic because business has never been better, but we both feel it’s time to hand the reins over to someone with fire in their belly and the passion and commitment to drive this business on to even greater things.”
Josh Hill, business agent at Christie & Co who is handling the sale, said the restaurant has “astonishing” online reviews and performs “extremely well”.
“Cafe Fish presents the perfect opportunity for an owner operator or chef to take advantage of arguably one of the best restaurants within Scotland’s Inner Hebrides,” he added.
The business is on the market at £500,000 for the leasehold going concern.