This property presents a compelling opportunity for both a thriving cinema business and significant renovation or development potential. Owned by the current operator for nearly a decade, the business is now available due to retirement, offering a fresh start for a new owner to capitalize on its existing success and explore further possibilities.
Situated in the historic town of Arbroath, approximately 54 miles south of Aberdeen and 17 miles north of Dundee, this location is rich in culture and tourism appeal. The town boasts a population of around 24,000 and is famous for its long-standing fishing industry, particularly the renowned 'Arbroath Smokie'. Tourists are drawn to the area’s attractions, including the stunning red sandstone ruins of Arbroath Abbey and several beautiful beaches that come alive during the summer months. The convenience of a local train station enhances accessibility, connecting residents and visitors to larger urban centers.
Internally, the cinema operates on the ground floor with four screens across a spacious area of 1,239m2. The venue has been updated with modern decor and includes comfortable seating areas, concession stands, adequate restroom facilities, and ample storage space. A noteworthy feature is the self-contained restaurant located at the rear—previously operating as Milimia Pizza—that can accommodate around 40 diners. This space stands ready for revitalization or repurposing by an enterprising new owner.
The semi-detached stone building also comes with outdoor space that holds potential for expansion. With some creativity, this area could be transformed into an attractive beer garden or additional commercial space, contributing further revenue opportunities.
All existing fixtures and fittings pivotal to ongoing operations will be included in the sale (excluding personal items), allowing you to step into ownership with minimal setup required. Free on-street parking enhances accessibility for customers.
The restaurant component is available under separate leasing terms if desired—a potential avenue for generating additional income while benefiting from the established cinema clientele. Current reviews reflect strong community support; Chalmers Filmhouse enjoys favorable ratings across multiple platforms with an engaged following of over 9,000 fans.
Finally, full financial records will be disclosed to serious inquiries post-viewing. The property's rateable value currently stands at £10,500 (as of April 2023), with local authorities able to confirm specific rates payable. This unique property not only represents an ongoing business venture but also allows scope for refurbishment or expansion tailored to your vision—all in a vibrant community setting rich with historical significance and modern amenities.
