Restaurant/cafe for sale in Seven Stills, 30 Fife Street, Dufftown, Keith AB55, £375,000

375,000.00

Offer Nr.:
65268133
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
ASG Commercial
Phone(s):
01463 357069

* Exceptional restaurant and malt whisky lounge set in the heart of Speyside.
* Situated in popular Historic town of Dufftown, best known as “Whisky capital of the world”.
* Fully refurbished and modernised throughout, presenting an outstanding turn - key operation.
* Beautifully presented restaurant and lounge bar, plus spacious and separate 2/3 bed owners accommodation.
* Profitable business benefitting from 5 - star reviews, rated No. 1 restaurant in Dufftown, and achieving Travellers' Choice 2022.
**Description**
The Seven Stills presents a unique opportunity to acquire a well - established
restaurant and malt whisky lounge bar. The property includes spacious owners
living quarters upstairs and a beer garden. Located in the stunning area of
Speyside, a whisky lovers paradise that attracts clientele from around the
world. The building is an old historic Inn which has been lovingly restored,
keeping many original architectural elements harmoniously complimenting the
modern touches to create a welcoming and warm atmosphere. The stylish
restaurant and lounge bar comfortably seats around 30 covers inside, plus
another 16 covers outside in the beer garden.
The current owners purchased the business in 2016, throughout their tenure
they have built an outstanding reputation, with well - earned 5 - star reviews and
ratings through the restaurants world - class food, hospitality and attention to
detail. The Seven Stills currently opens to those with a reservation four
nights a week, offering a French menu, an outstanding selection of single
malts and blended whiskeys, gins and various craft bottled beers.
The property has a large beer garden with outdoor seating, offering views over
an easily - maintained, beautifully tiered landscaped garden. Everything has
been tastefully refurbished from the restaurant through to the garden area as
well as the owners accommodation with its three rooms, modern kitchen, office
and second sitting area. All décor has been modernised, also including
recently refurbished kitchen, insulated windows, updated carpets and timber
floor throughout.
**Reason for sale**
The current owners have worked tirelessly over the last six years to build the
business's reputation, undertaking a full refurbishment to bring the building
and business up to the stylish first - class restaurant it is today. It is their
intention to focus on new business ventures, leading to retirement, that
brings this high quality business to the market.
**Trade**
Due to its reputation, quality and location, The Seven Stills is fully booked
throughout the season. The current owners have chosen to operate below the VAT
threshold this year. Guests can find the business through its own website
along with other platforms. It has an enviable 5* Tripadvisor rating, as well
as rating No. 1 restaurant in Dufftown, and achieving Travellers' Choice 2022.
The business currently trades Easter through to October; open Monday, Tuesday,
Thursday and Friday from 18: 00. Over the winter they occasionally open for
special events.
Operating figures during the open season from April to October, are as
follows;
2019
Turnover: £164, 878 Gross Profit: £112, 557 Net Profit: £57, 883
2018
Turnover: £151, 370 Gross Profit: £103, 477 Net Profit: £57, 084
The business is managed by a husband and wife team who undertake roles of chef
and front of house, with temporary staff employed as required during the busy
season.
**Location**
Dufftown is a Scottish historic town with a history of distilling whisky, and
is best known as the Whisky capital of the world, thanks to its seven working
distilleries. These distilleries in turn attract Whisky aficionados from
around the world, who are also the business's main clientele. Dufftown
produces more malt whisky than any other town in Scotland; this declaration
puts the town on the famed Malt Whisky Trail.
The village has a thriving community, with two supermarkets, one pub, smaller
shops and a farmer's market. Primary education is available at Dufftown with
Secondary Schooling at Speyside High in Aberlour. It hosts its local highland
games and takes part in the well - known Speyside whisky festival. On top of
this, it is also home to the famous and internationally recognised Glenfiddich
distillery. The town is set in one of the most stunning areas of Scotland,
approx. 1 - hour drive from both Aberdeen and Inverness cities, both of which
have international airports, as well as a 30 - minute drive from the coast and
the Cairngorms National park. Its a popular area for walking, fishing,
hunting, nature and whisky enthusiasts attracting international tourists and
trade. Dufftown is located on the River Fiddich, the town has a number of
visitor attractions which draw in many tourists each year. The hills and coast
are within a relatively short drive with an abundance of wildlife living
within the region. Tourists also enjoy visiting the many historic site and
castles in the area.
**The seven stills restaurant and lounge bar**
The Seven Stills is a large 2 - story historic building located at an end of a
terrace of residential cottages. The majority of the roof has recently been
re - slated and the outside has been whitewashed reminiscent of the well - tended
beautiful 17th - century coach house that it once was.
Entrance into The Seven Stills is via street level, the front door leads into
the bar and comfortable lounge area to the left, with tartan seating, cosy
leather sofas, an open fire, as well as a secret snug room and W/C. To the
right is the tastefully decorated main restaurant comprising free standing
tables and chairs, also featuring an open fireplace plus timber exposed roof.
The restaurant and bar offer a comfortable capacity of around 30 customers.
There are customer toilets just off the hallway which then leads to the
restaurants recently refurbished kitchen, a dry store, laundry room and a
storeroom. An internal central stairwell leads up to the contemporary owners
accommodation. Recent refurbishment throughout results in this property being
presented in true walk - in condition.
**Owners accomodation**
The spacious owners accommodation is located on the first floor and can be
accessed through the restaurant or a private rear door. This bright and modern
accommodation consists of two double bedrooms, a fully fitted kitchen with a
breakfast bar, a family bathroom, a comfortable lounge or large third bedroom,
an office, and a second sitting area. The property comes with a substantial
garden which has been beautifully landscaped to include a private seating area
for the owners, plus beer garden for customers.
**Service areas**
The property benefits from a recently refurbished and well - equipped kitchen,
set to the rear of the property facilitating ease of food preparation and
service. There is ample storage throughout including a dry store, laundry room
and a storeroom.
**Grounds**
The Seven Stills benefits from a sizable and well - maintained garden area to
the rear (approx. 600m²) laid to gravel with a vegetable garden, decking,
water butts, an array of maturing trees, flowers, perennials and herbs plus
feature pond. There are various outbuildings including a large workshop.
Parking is available on - street plus some additional to the side of the
building.
**Services**
The property benefits from mains electricity, water and drainage. There is
oil - fired central heating. The Seven Stills is compliant with electrical and
fire regulations. Wi - Fi is available throughout the property.
**Development potential**
The following list highlights some potential development opportunities which
new owners may wish to consider. The list is not comprehensive, but indicates
some potential areas for development.
Increase operating hours to include breakfast / lunch provision
Open year - round taking advantage of Winter trade
Depending on buyers wishes, focus on wet sales only by transforming into a pub
or historic inn
Subject to planning consents, convert into a spacious 3 - 4 bedroom family home.

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