Pierhead Restaurant & Bar, Lower Voe, Voe, ZE2 9PX

Guide Price £130,000
Key Details

Energy Efficiency:

To be confirmed

Price:

Guide Price £130,000

Status:

Available

Entry:

By arrangement.

Viewing:

Strictly by appointment only by telephoning 07787 147 192, or contact our Property Department on 01595 695583.

Overview

Long established country bar and restaurant situated in a good central Shetland position in the picturesque setting of Lower Voe enjoying fine views along the voe of Olna Firth. Lerwick 18 miles.

As well as serving the immediate local area, the business which is situated next to the local pier and marina, is well placed to serve visitors en-route for the North Mainland and the North Isles.

The business operates from owned premises extending to around 206m² comprising the main bar area, a function room, kitchen and store facilities on the ground floor, plus a restaurant area upstairs.

General Information

Situation

The 'Pierhead' is situated in a great location at the head of the voe of Olna Firth in the picturesque setting of Lower Voe in the North Central Mainland area of Shetland, the village of Voe lying about 4 miles south of Brae, the main population centre for the area, and 18 miles north of Lerwick, Shetland's capital. The position allows for stunning views along the voe particularly from the upstairs restaurant.

The Shetland Islands themselves lie in the middle of the North Sea about 100 miles north of Mainland Scotland, and are in fact closer to Bergen in Norway than to Edinburgh. Despite the remote 'get-away-from-it-all' location, Mainland Scotland is easily accessible via a daily overnight ferry service operated by Northlink Ferries (www.northlinkferries.co.uk) which links Lerwick with Aberdeen & Orkney, whilst Loganair operates regular direct flights from Sumburgh Airport at the very southern tip of Shetland to Aberdeen, Edinburgh & Glasgow.

Spread over 100 islands, 15 of them inhabited, Shetland offers spectacular and unspoilt scenery together with a wide variety of wildlife and other places of historical and archeological interest. Thanks to the oil boom of the 1970's, islanders enjoy a fantastic range of services including a network of leisure centres (there is a swimming pool / leisure centre in nearby Brae), schools (again in Brae) and excellent transport links with a good road and inter-island ferry network.

The Business

The building, the main part of which is understood to date back to the 1860's, was converted into a bar / restaurant in the mid-1990's, serving both the local community and also visitors to Shetland, the central location making it a handy stop-off point for visitors exploring the island and particularly the north and outer isles.

Although only the bar is presently open on a part-time basis (Friday, Saturday & Sunday), there is considerable scope probably for an owner / manager to realise its full potential as the business has in the past traded 7 days a week.

All the equipment, fixtures and fittings are understood to be owned outright.

Accounts

Details of accounts can be made available to seriously interested parties after viewing.

Rateable Value

The rateable value is understood to currently be £15,000 however Shetland Islands Council currently provides 100% general rates relief (excludes water & sewerage) for small businesses. Prospective purchasers should however check the position by contacting the Council directly.

The Premises

The business trades from substantial premises which are owned outright and estimated to extend in total to around 206m² or thereby comprising the original building which was later converted into two floors, the bar downstairs and the restaurant upstairs, plus a large adjoining function room. In detail the premises comprise:-

On the Ground Floor:-

Entry is via a hallway with the bar to the left, kitchen to the right, and stair at the end to the first floor restaurant area.

Main Bar

(Approx. 7.3m x 6.3m) Large, wood paneled space with windows to the front and bar area in one corner complete with till, glass washer, two double drinks chills and two sinks.

Kitchen

(Approx. 4.6m x 3m) Fully equipped commercial kitchen with two 'Fagor' fryers, oven / hob, dishwasher, sink / wash hand basin and dumb waiter serving the restaurant upstairs. Off the kitchen is a store (approx. 3.6m x 1.5m) with three fridge / freezers, two larder fridges and a separate external access.

Function Room

(Approx. 10.75m x 6.4m) Substantial space with exposed stone walls and 'beamed' ceiling adding character. There is a separate external access to the front, a fire escape to the rear and male / female toilets off.

On the First Floor:-

Restaurant

(Approx. 9m x 5m extending to 6.3m at widest point) With two windows enjoying the great views of the voe, this is another large, mainly wood-lined space with seating for approximately ????, bar, double drinks chill & freezer. Male / female toilets & store off.

External

Standing area to front providing some parking and also space for outside table & chairs if required. Access to both the bar and the function room.

Energy Performance

Energy Efficiency Rating: To be confirmed

Property Location

To reach the business from the main road north, turn left to Lower Voe on the south side of Voe. Drive through the first group of houses and down towards the shore. Pierhead Restaurant & Bar is situated by the roadside opposite the pier / marina.

To see the location of the property in an overall Shetland context, adjust the zoom by clicking the + or - buttons. Use the 'Map', 'Satellite' & 'Hybrid' buttons to switch between an ordnance survey style road map, a satellite aerial photograph or a combination (hybrid) of the two. Please note that the date of the satellite image is unknown and may not show new buildings.

(Please be aware the Google Street View was taken on the date shown. The building and surroundings may have changed since then. We always recommend you view the property personally.)

Important Information for Prospective Purchasers

This schedule is intended only to help you decide whether to view the property. We always recommend you view the property personally.

The information is believed to be correct, but it is not warranted and is not to form part of any contract of sale. All dates, distances, areas and room sizes noted are approximate and for use as a general guide only. Prospective purchasers should satisfy themselves as to the working condition or otherwise of any equipment such as central heating or kitchen appliances.

This schedule should not be taken as a comment on the condition of the property. This is a matter for your surveyor and we recommend that once you have found a property you are interested in, you obtain a survey report. We can provide details of surveyors if required.

Interested parties are advised to note their interest through their solicitor as soon as possible so that they can be informed if a closing date is fixed. Noting interest does not place any obligation on the seller to set a closing date or to give any noted interests the opportunity to offer. Whilst every effort will be made to advise noted interests of any closing date set, this cannot be guaranteed.

No responsibility will be accepted for expenses incurred by parties who have noted interest but do not get an opportunity to offer, or for any expenses incurred traveling to properties which have been sold or withdrawn.

We were very impressed with your professional manner and always keeping us up to date with progress.

Lee Thompson

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