No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
Exterior
Exterior
Exterior
Offers over£395,000
Added > 14 days

Restaurant for sale

Lucano's, 31-33 Victoria Street, Kirkwall, Orkney
Virtual tour
Save
Restaurant
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Thriving business opportunity
  • Growth for additional restaurant space or residential development opportunity alongside
  • Great local reputation
  • Tourism hot spot with heavy foot fall trade
  • Town centre positioning
  • Option to split the properties (business must go first)
  • Option to lease with a view to buying the business
  • Contact karen to discuss in more depth
  • Viewing is highly recomended
Nestled in the heart of Kirkwall, 31-33 Victoria Street presents a rare opportunity to own a thriving Italian restaurant with a substantial development opportunity which is positioned alongside. This substantial property, brought to the market by K Allan Properties, boasts a prime location alongside the iconic St Magnus Cathedral, making it a hotspot for locals and tourists alike.

With a spacious interior that can comfortably seat 55-60 dining guests, this restaurant provides the perfect setting for culinary experiences and social gatherings. The fully equipped catering kitchen ensures that every dish is prepared to perfection, catering to the discerning tastes of patrons.

Beyond its current success, this property offers room for expansion or the potential to convert part of the space into a residential dwelling, providing a versatile investment opportunity. Whether you're looking to continue the legacy of this beloved restaurant or explore new possibilities, 31-33 Victoria Street is a property brimming with potential.

Don't miss out on the chance to own a piece of Kirkwall's vibrant culinary scene. Embrace the opportunity to own a restaurant in a prime location, where history meets modernity, and where the aroma of delicious Italian cuisine fills the air.

Buyer Options - The seller is open to discussions around options with regards to purchasing the business and properties. Please discuss this with Karen at K Allan Properties.

Location - Orkney is positioned at the North of Scotland and has a thriving tourism economy, recognised as a desirable place to live and raise a family.

Fully equipped kitchen

- Bar area
- Coffee machine
- Walk in fridge and freezer
- Walk-in dry stores
- Customer and staff toilets
- Office and staff toilet on the first floor
- Presently open from 7.30 am - 9pm
- Adjoining 1stb and 2nd floor development opportunity

Rateable Value - £15,250 -

BEST ESTATE AGENT GUIDE
When you choose to work with us, you are officially working with one of the UK's Best Estate Agents. We received this award in 2023 for sales and are delighted to have been invited back to London for our award in November for 2024.

The very best agents are listed in The Best Estate Agent Guide – a website for sellers to help them choose who the best agents are in their area.

If you want to achieve the best results for your property sale, combined with receiving the best customer service, we would love to help.

VIEWINGS
By appointment only, arranged through K Allan Properties.
[use Contact Agent Button] or [use Contact Agent Button]

OFFERS TO
K Allan Properties
Watergate
Kirkwall
KW15 1PD
[use Contact Agent Button]

DISCLAIMER
Whilst we endeavour to make these particulars accurate, they do not offer/form any part of a contract on offer and are not guaranteed.
Measurements are approximate. We have not tested electricity, gas or water services or any appliances.
Photographs may have been taken with a wide angle lens.

Property information from this agent

Places of interest

    K Allan Properties – Who we are K Allan Properties has been founded by Karen Allan, who has a passion for property and development.This passion has come from a background in property development in her personal life which began the moment she and her husband Garry were aged to take on a mortgage.Building, selling, buying, renovating, you name it she has experienced it.Karen recognised during her time working as an estate agent that the thrill of selling her own properties was possible to be shared with her clients. Karen has added a personal touch to this industry which has been welcomed by so many.Karen aims to support, guide, and share this journey with clients so they never feel alone and unsure of their next steps.We aim to keep this journey as enjoyable as possible. We strive to be the most reputable agent in our area. Our experience and knowledge provide a service to our customers that is second to none. We believe the key to success is and always has been to offer the best service to each and everyone. We believe that communication is key to achieving this relationship, as such our genuine, truthful, and up to date communication will leave you convinced of our service. We offer a complete marketing service with support and guidance from the start to finish.

    See more properties like this:

    *DISCLAIMER

    Property reference 33497558. 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 K Allan Properties - Highlands & Islands.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    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

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.