Christie & Co instructed to market popular deli in Peebles
Specialist business property adviser, Christie & Co has been instructed to sell Coltman’s Kitchen, Deli & Bar, situated in the heart of Peebles, Scottish Borders.
Peebles is a very popular destination with both locals and tourists year-round, being easily accessible from Edinburgh and Glasgow. The thriving business can be found in one of the town’s most historic buildings, dating back to 1711 and features a modern deli counter, large main restaurant area with space for 70 guests, small lounge with a fitted bar, and fully equipped catering kitchen. Externally, there is a south facing, well-presented beer garden which comfortably accommodates for around 80 and can be serviced by the additional bar and servery.
The artisan deli is very popular amongst the locals, providing a selection of homemade scones, cakes, pastries and sweet tarts which are all baked on site, whilst the bar serves a wide range of local beers, extensive cocktail list, and a choice of handpicked wines from across the world.
Coltman’s Kitchen has been owned by our clients for 12 years and has come to the market as they are now looking to focus on other interests. This has created an excellent opportunity for a new owner to acquire a high-performing business. There is potential for the new owner to live onsite, with the scope to reconfigure the additional second floor storage room and office back to owners accommodation.
Tony Spence, Senior Hospitality 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. Our clients have invested heavily in the business and this is reflected within its performance. However the deli is also well placed for continued growth, which we are confident a new operator could achieve going forward.”
Coltman’s Kitchen, Deli & Bar is on the market at £650,000 for the freehold going concern.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: firstname.lastname@example.org
Contact the agent:
Tony Spence, Senior Business Agent - Hospitality Scotland
M: 07701 315 068 or E: email@example.com
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