Description
An excellent opportunity to acquire a well performing bar and restaurant in the centre of Dumfries.
Our clients have owned the business for over 20 years and are now looking to genuinely retire from the trade.
Cavens Arms would be well suited to an owner operator or could compliment an existing portfolio due its high level of turnover.Location
Dumfries is a historic town located in the southwest of Scotland. Its town centre, often referred to as Dumfries Town Centre, serves as the heart of the community and features a mix of historical and modern elements.
Cavens Arms is situated on Buccleuch Street surrounded by other businesses such as cafes, restaurants, bars and retail outlets.
Dumfries Railway Station is also located within the centre of the town and provides travel to Glasgow, Carlisle and Ayr.
Tourists who visit the area can enjoy a variety of attractions such as Robert Burns House, Devorgilla Bridge and Dumfries and Galloway Aviation Museum. Dumfries is surrounded by countryside and nature and is therefore popular for cycling and hiking.Internal Details
The bar and restaurant is situated at ground level and can accommodate for around 120 via a mixture of moveable tables and chairs, with a large bar to the left and rear of the property. A staircase from the restaurant leads to a modern and spacious five bed owners flat with kitchen/dining, living room and bathroom.
Located at lower ground is a fully fitted commercial kitchen, boiler room, cellar and office. Male and female toilets are also situated on this level with a disabled toilet within the main restaurant area. Access to the sheltered smoking area is also provided from this area and accommodates c.30 seated.Fixtures & Fittings
All fixtures and fittings are included within the sale (excluding any personal items).External Details
A terraced two storey property of stone construction with attic.
There is a large sheltered beer garden to the rear which can accommodate for around 30.
On-street parking is available nearby on a first come first served basis.Owners Accommodation
A modern and spacious five bedroom flat located over first and second floor with kitchen/dining, living room and bathroom.
Owner's car parking space to the rear.
The flat was recently valued at £150,000.The Opportunity
An excellent opportunity to acquire a well performing business situated in the heart of Dumfries. The business has built a great reputation welcoming both locals and tourists over the last 20 years, our client is now keen to exit for a genuine retirement.
The business currently trades as a traditional award winning bar and restaurant, with over 15 real ale CAMRA awards, offering dishes ranging from seasonal Scottish specials to award winning fish and chips, all prepared by a team of well-established skilled chefs.
Cavens Arms boasts exceptional reviews across online platforms such as Google, TripAdvisor and Facebook.Staff
All employees will transfer with the sale under TUPE.Trading Information
Full Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing.Trading Hours
Monday - 3.00pm to 10.30pm (kitchen closed)
Tuesday - 12.00pm to 10.30pm (food served 12.00pm to 8.00pm)
Wednesday - 12.00pm to 11.30pm (food served 12.00pm to 8.00pm)
Thursday - 12.00pm to 10.30pm (food served 12.00pm to 8.00pm)
Friday - 12.00pm to 11.30pm (food served 12.00pm to 8.30pm)
Saturday - 12.00pm to 11.30pm (food served 12.00pm to 8.30pm)
Sunday - 12.30pm to 10.30pm (food served 12.30pm to 7.30pm)Business Rates
The Rateable Value is £75,000 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the local Authority.Regulatory
Premises License
