Christie & Co announce price reduction for popular Peebles Deli
Specialist business property adviser, Christie & Co has reduced the price of Coltman’s Kitchen, Deli & Bar, situated in the heart of Peebles, Scottish Borders.
The popular business can be found in one of Peebles’ most historic buildings, dating back to 1711. Featuring a modern deli counter with informal seating for 14, as well as additional tables outside on the pavement, a large main restaurant area with space for 30 guests and a first-floor area with an additional 24 seats and fitted bar. Externally, there is a south-facing, beer garden, with its own bar and preparation area, where up to 80 customers can enjoy their food and drink outside.
The artisan deli is very popular amongst the locals, providing a selection of homemade products which include scones, cakes, sausage rolls and salads which are all made on-site, whilst the bar serves a wide range of local beers, an extensive cocktail list, and a choice of handpicked wines from across the world.
Coltman’s Kitchen has been under the same ownership for the last 13 years, and the current owners are now selling the business to focus on other interests.
This is an excellent opportunity for a new owner to acquire a high-performing business. With scope to reconfigure the additional second floor, which is currently used as storage rooms and office, back to the owner's accommodation, there is potential for the new owner to live onsite.
Simon Watson, Business Agent at Christie & Co who is handling the sale, comments, “This is an outstanding opportunity to acquire a high-performing business in the heart of Peebles. Coltman’s Kitchen, Deli & Bar has a strong following on social media and boasts fantastic reviews on TripAdvisor and Google. The current owners have invested heavily in the business over the years, and this is reflected in its high performance.”
Coltman’s Kitchen, Deli & Bar is on the market at the reduced price of £550,000 for the freehold going concern.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Simon Watson, Business Agent – Scotland
M: +44 7754 559 534 or E: simon.watson@christie.com
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