Taj Mahal, 41 Lochnell Street, Lochgilphead
The Landlord's interest in the above premises is offered for sale as an investment opportunity.
The premises are currently let until April 2021.
The accommodation is able to provide customer seating area to the front, and to the rear of this there are ladies and gents toilet facilities and kitchen. Storage is by way of two timber sheds to the rear of the property accessed over a shared lane.
The Taj Mahal Indian Restaurant is situated near the centre of Lochgilphead in scenic Argyll, Scotland. It is conveniently situated on the busy A83 trunk and tourist route from Glasgow to Campbeltown, Mull of Kintyre and to Oban. Lochgilphead is a stopping-off point for many tourists, sales representatives and freight drivers alike. Lochgilphead is an expanding town, and provides many amenities including swimming pool, tourist accommodation, holiday caravan site, newly built hospital and a new complex of schools nearing completion. Lochgilphead is also home to the Argyll & Bute Council central offices in addition to other national and local businesses.
The Taj Mahal is currently the single Indian restaurant and Indian take-away in the town or surrounding area. This roadside restaurant enjoys an open aspect to the town's waterfront and Loch Gilp. The Taj Mahal is currently open all year round.
The ground floor premises offers a popular take-away service, in addition to sit-down service. The dining area is carpeted and cosy with two windows to the front. It accommodates up to 20 diners .
An entrance lobby with inner glass-panelled door, leads from the pavement of Lochnell Street (A82) in to the restaurant. There is a bar and take-away service counter at the near end, with tables and seating area beyond. An archway gives access on one side to a small vestibule, leading to the Ladies and Gentlemen's toilets. Directly through the arch, a swing door opens to the kitchen. There is a rear door to the kitchen from the rear of the building, which gives easy access for vehicle deliveries. Two large sheds and gas bottle storage are sited at the rear.
The Taj Mahal is presently leased and this runs to 22nd April 2021. The tenant is responsible for full insuring and repairing of the premises.
The Landlord's interest including the heritable property, and moveable items so far as belonging to the Landlord are included in the price.
The restaurant is presently unlicensed.
RATEABLE VALUE £3,000
ENTRY The Landlord is able to sell his interest at any time.
VIEWING By arrangement with the selling agents.
PRICE Offers in the region of £125,000 are invited for the Landlord's interest in the Lease and his ownership of the heritage of both the premises and the ground on which the rear stores are erected.
C. & D. Mactaggart, for themselves, and for the sellers, whose agents they are give notice that:
These particulars are intended to give a fair and substantially correct overall description for the guidance of intending tenants and do not constitute an offer or contract.
All descriptions, dimensions and the like are given in good faith and are believed to be correct, but intending tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise to their correctness.
No responsibility can be accepted for any expenses incurred by intending tenants on inspecting properties.
