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Description

"The Room" Inverness Bar / Restaurant. Recently refurbished, popular city centre location with year round trading. Bespoke modern facilities generating strong and rising turnover.

DESCRIPTION
The Room is an immaculate town centre bar / restaurant presented in walk in condition following completion of a total refurbishment. This well frequented business is extremely well known in and around Inverness and benefits from a prime corner trading location on both Church Street and Queensgate.
The business drives turnover on two fronts, firstly via wet sales attracting strong local and tourist trade alike, secondly through the catering side, offering a range of mid-market cuisine prepared in the spacious, well equipped kitchen. The well priced range of dining options throughout the day ensure that the business enjoys healthy local support, whether from shoppers or from regular business clientele. The Room also proves highly popular with evening diners with its modern up-beat facilities and vibrant atmosphere. The total package of friendly staff, good quality cuisine the spacious modern setting and a comprehensive range of beers, wine and spirits come together to form a successful attractive business proposition.
This smart, well thought out, open plan layout proves popular and lends itself to the provision of live evening entertainment.In addition to the strong local support, The Room benefits from the strength of Inverness as a trading base. Inverness draws a huge number of visitors. Day trippers from outlying areas supplement tourists from round the world who descend upon the city in varied numbers dependent upon the season.Inverness, “The capital of the Highlands” is a vibrant and expanding city, recognised by many as the fastest growing city in Europe. In commercial terms Inverness cuts a fast, dynamic pace showing huge growth in both commercial development and in business opportunity. This in turn is reflected in the population boom which fuels an ongoing round of construction activity as the city boundaries push ever outwards. The areas dynamism and this population growth combine with the long established strengths of the area as a tourist trap to drive strong ongoing demand for good quality facilities such as The Room.
The proximity of the River Ness, Inverness Castle, excellent shopping and office facilities reinforce the benefits of this city centre trading base. The wider locality around Inverness offers excellent sporting opportunity for anglers, golfers, walkers etc. with numerous other tourist attractions. Whisky trails, mystic Loch Ness (complete with monster), many accessible Castles, battlefields, clan seats, and a host of other interests ensure that local guest houses / bed and breakfast establishments are regularly full to capacity. These visitors in turn support good quality establishments such as The Room for lunchtime and evening dining.
The vendors established the business in 2005, the bespoke facilities designed to their specifications, with final works completed in 2006. The results speak for themselves, The Room now shows a rising turnover and is poised to further reap the benefits. It is planned retiral from the Licenced Trade that brings this attractive, city centre Leasehold opportunity onto the market.

THE PROPERTY
The Room is a smart, modern city centre bar – restaurant which regularly offers live entertainment. The business is arranged over a single floor at ground level. The welcoming open plan layout creates a popular and easily run business.

PUBLIC AREAS
The Room has a conspicuous well signed presence on the corner of Church Street and Queensgate. Solid outer doors open to smart, glazed inner doors which lead directly into the main bar / restaurant area. Prominent well lit signage ensure the business has good visibility at all times. The premises are open plan, comfortably seating up to 70 covers with additional space around the main bar servery. The internal décor and furnishings are to a high standard, complemented by large opaque windows which offer good natural light, yet preserve an element of privacy for diners. Modern internal lighting, sound and visual systems create an up-beat atmosphere, an environment which proves highly popular with an established and growing client base.

SERVICE AREAS
The Room benefits from a well equipped commercial kitchen with washing-up space, a large beer cellar / spirit store and an administrative office.

SERVICES
Mains electricity, water, drainage and gas.

LICENCES
The business has a full Public House Licence with Regular Extensions, Children’s Certificate, Gaming Licence and Entertainment Licence.

TRADE
The business presently trades 7 days a week and
shows a healthy rising turnover. Full trading fi gures
will be made available to genuinely interested parties
subsequent to viewing.
Opening hours are
Monday – Wednesday 11am - 11pm
Thursday – Friday 11am - 1am
Saturday 11am - 12.30am
Sunday 12.30pm - 11pm

PRICE
Offers over £95,000 are invited for the Leasehold
Interest in the business (according to inventory). Stock
at valuation.

TENURE DETAILS
The business is currently held on an original 25 year
lease from August 2005 with 5 yearly rent reviews. The
current passing rent is £75,000 per annum.

DIRECTIONS
The Room is central to Inverness, at No. 73
Queensgate.

VIEWING
All appointments to view must be made through the
vendors selling agents: