Offers Over £795000 GBP
Move-in and start trading!
Incredible turn-key restaurant business/investment opportunity! Everything you need to open this stunning refurbished, and fully upgraded established restaurant & bar in enviable central location.
Found in the heart of the ancient Fife town of Dunfermline, The Kinema Restaurant is perfectly positioned for a bite to eat after a day spent exploring the area and is just a short distance from the beautiful Pittencrieff Park and historic Dunfermline Abbey ruins and Royal burial site.
Of a style, space & comfort seldom available, this impressive, fully equipped 250 seat Restaurant/Bar premises offers guests an extraordinary range of fine cuisine on the site of the iconic former Dunfermline ballroom on the south side of Carnegie Drive, Dunfermline. The building has a gross internal area of approx. 1,183.9 (sq m) 12,742 (sq ft), which is split over three levels and cannot fail to impress!
The iconic former Dunfermline ballroom was restored by Kirkcaldy businesswoman Yanli Zhao. Permission to turn the club into a ‘world-buffet-style’ restaurant was granted in October 2016 before the proposal became reality nearly three years ago in December 2018.
The Kinema began life as a cinema in 1915 and was transformed into a music venue in 1938. The iconic former Dunfermline ballroom and The Velocity Nightclub was the venue which played host to stars such as David Bowie, Elton John and The Supremes.
The Kinema underwent a massive refurbishment and opened in December 2018 as the home of Kinema Restaurant, welcoming thousands to a modern and stylish ‘world-buffet-style’ restaurant with curated dishes from around the globe, including Chinese, Thai, Italian and Mexican giving diners a fabulous choice of cuisines and dishes to suit all tastes.Since then, there has been a completely new roof fitted in 2021 by Braisby Roofing Ltd with a 20 year Guarantee.
The subjects comprise two-storey restaurant and bar on 3 levels, currently owner occupied and trades as a world-buffet restaurant. Total area 1,183.9 (sq m) 12,742 (sq ft)
Ground Floor Area 355.8 (sq m) 3,829 (sq ft)
The accommodation within the ground floor benefits from a vestibule leading to a welcoming open plan reception area with two staff rooms to the front. The reception area also incorporates a lift. The ground floor includes a substantial open plan kitchen, stock room, two large fridge freezers, WC’s and a pastry kitchen to the rear. There are 3 separate staircases rising to the First Floor.
First Floor Area 664.8 (sq m) 7,155 (sq ft)
The first floor accommodation is of an open plan nature which incorporates a food serving area, open plan seating, a bar, staff preparation area and WC‘s.
Mezzanine Area 163.2 (sq m) 1,757 (sq ft)
The mezzanine floor benefits from a seating area overlooking the First Floor dining area, WC’s & Office.
The property has mains water electric and drainage. There is a gas fired heating system and a property benefits from CCTV, intruder alarm and smoke alarm systems.
Current Planning Use/Consent(s)
Subjects are currently used as a restaurant and currently benefit from a Class 3 hot food and drink & alcohol licence.
Energy Performance Certificate (EPC) – A copy of the Energy Performance Certificate is available upon request, however, the rating is G.
Rateable value – £70,500
Call Colin Jenkins for further details & view today!
The subjects occupy a superb town centre position in Scotland’s ancient capital with recent developments in the area seeing Dunfermline benefitting from unprecedented levels of regeneration and investment. Miller Homes ‘Victoria Mills’ are developing a mix of new build and conversions directly to the north the subjects, the re-opening of the Carnegie Leisure Centre following a £20m+ refurbishment and the opening of a new Tesco superstore across the road from the site. Dunfermline is one of those principal centres of commerce and has a resident population now in excess of 50,000 in a catchment area estimated to be in the region of 150,000.
Located approximately five miles from the Queensferry Crossing, Dunfermline is therefore particularly popular with commuters to Edinburgh and many parts of the central belt with easy access to the M90 motorway with its direct links to Edinburgh, Perth and Dundee and via Kincardine Bridge to Stirling, Glasgow and the West.
The subjects are situated on the south side of Carnegie Drive, Dunfermline. The immediate vicinity of the subjects is categorised by similar restaurant uses. Surrounding occupiers include Koko Shi, Tesco and Fire Station Creative. Within walking distance of the subject site is the towns principal bus station on Queen Anne’s Street and a full range of shops, leisure facilities and educational establishments associated with a modern City. The town further benefits mainline train stations.
ARRANGE A VIEWING –
Viewing by appointment, please call your local AMAZING RESULTS!™ Professional Estate Agent Colin Jenkins to see this property today. To view additional Photographs, Floor Plans, Property Tours and Social Media content or to arrange a viewing online, please visit our website now.
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(Property Ref: 15847397)