Red Squirrel Cafe, Owners Accommodation and Holiday Lets Business, Crieff 2632

Freehold £340,000

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This is a unique opportunity to acquire a well established and successful licensed café and gift shop with spacious owners accommodation and two holiday lets in the popular tourist town of Crieff.

A firm favourite with food lovers and outdoor enthusiasts, Crieff is an attractive Scots market town set amidst Perthshire’s stunning scenery.

With multiple revenue streams this freehold property and café offer an unusually profitable lifestyle business in a superb location.

Café net sales £140,000 per year, potential Air B&B income from en suite bedroom in excess of £10,000 and from holiday cottage (when converted) in excess of £16,500.

Freehold property, business, café fixtures and fittings for sale at offers over £340,000 plus stock at valuation


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Type of business
This is an unusual and profitable combination of café and gift shop, spacious 2 or 3 bedroom owners accommodation together with an existing en suite “Air B&B” bedroom which is in great demand and a large out building for which planning permission has been obtained to convert to a large one bedroom, lounge, kitchen and bathroom holiday cottage. The photos opposite on this page show the café and gift shop which are to the ground floor front of the property and are in excellent condition. This licensed café has room for over 30 covers inside and has an attractive wood burning stove, spacious serving counter, its own kitchen, modern disabled access toilets, office and store rooms. There is also a rear sun trap with outdoor seating for a further 8-10. The owners accommodation is shown on the next page and is above and behind the café with its own entrance, garage and parking for 3 cars to the rear. Its accommodation is freshly decorated comprising a family lounge, dining room, good size kitchen, bathroom, 3 bedrooms and ample storage. There is also a large floored loft space which could be converted to two additional bedrooms. One of the bedrooms has an en suite shower room and a separate access to the rear of the property. It is current used by the owners as a successful “Air B&B” letting room. The room rents for £65 per night and could easily be let for over 150 nights per year. To the rear of the café is a large outbuilding for which planning permission has been obtained to convert to a holiday cottage. See the stone built felt roofed building in bottom left photo on last page. After conversion an income of £100-£120 per night could be achieved for over 150 nights/year.
Opening hours
9am - 5pm Mon - Sat. 10am - 4pm Sunday. The café could be closed for annual holidays in January or February without affecting profits.
Staff
The café is run by the 2 owners with 5 p/t staff.
Premises
The café has a Rateable Value of only £8,000 and the store £540 so no rates are payable. The owners accommodation is Council tax band B.
Financial information
The café is a successful business generating profits of at least £30,000 - £40,000 per year. When combined with the rental income from the two letting properties this opportunity is an unusually profitable lifestyle business in an excellent town with good cultural, educational and medical facilities. Gift stock is around £5,000 and café stock £2,000.