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Property for sale
Property description & features
A former bank in the 1800s and latterly a hotel it is now a family-run, licensed, restaurant and coffee shop with spacious owners accommodation set over three levels in total. Although the business is well established and popular with visitors to the area and locals, given the popular holiday location and with the correct consents there is massive potential to convert the property to serviced accommodation.
The Old Bank Restaurant is located on the ground floor with the potential for 40 covers, there is a service/bar area to the rear with a feature wall, well-stocked pantry, prep area, coffee machine, and display area for home baking. This room also has a live flame open fire and two large windows to the front.
The second dining area is also located to the front of the property and can be used for private functions or bistro-style dining with the potential for 20 covers its a lucrative addition.
The well set out commercial kitchen is located to the rear of the property and has all the catering equipment required to service the 60 covers. In addition, there is a servery/dishwashing area with ample equipment. The kitchen gives access to a storage area where the fridge and freezers are currently located and a backyard with many storage sheds.
Other services include ladies and gents WCs and additional storage cupboards.
Access to the owners accommodation is through a private door on the ground floor and comprises a welcoming entrance hall that leads to a grand, sweeping staircase. On the first floor, you will find a stunning, formal lounge and open plan dining room. This room retains many of the original Victorian features and extends the full width of the property. A second more informal lounge is located to the rear of the property as well as a spacious breakfasting kitchen.
On the second floor, you will find four bedrooms, all doubles including en-suite and walk-in wardrobes in the master bedroom. An office and bathroom. The attic is accessed via a permanent staircase and is floored for additional storage.
Overall, The Old Bank would provide an excellent opportunity for the right person to run a successful restaurant and bistro in the heart of a popular Scottish holiday destination while living in the premises or a fantastic development opportunity, with the correct local authority consents The Old Bank would make fantastic and lucrative serviced accommodation business.
Services: Mains water, electricity, gas and drainage.
Tenure: Freehold.
Website:
Accounts: Will be made available following a formal viewing or note of interest by your solicitor.
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Property reference MFL3203337. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Mcewan Fraser Legal - Edinburgh.
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Broadband availability and predicted speed: obtained from Ofcom on July 21, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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