Fixed price

£280,000

Restaurant for sale
Lucano's, 31-33 Victoria Street, Kirkwall, Orkney KW15

  • EPC Rating: E

Just added
Freehold
Added on 11/06/2026

About this property

  • Thriving business opportunity

  • Growth for additional restaurant space or residential development opportunity alongside

  • Great local reputation

  • Tourism hot spot with heavy foot fall trade

  • Town centre positioning

  • Option to split the properties (business must go first)

  • Option to lease with A view to buying the business

  • Contact karen to discuss in more depth

  • Viewing is highly recomended

  • Lateral living

Nestled in the heart of Kirkwall, 31-33 Victoria Street presents a rare opportunity to own a thriving Italian restaurant with a substantial development opportunity which is positioned alongside. This substantial property, brought to the market by K Allan Properties, boasts a prime location alongside the iconic St Magnus Cathedral, making it a hotspot for locals and tourists alike.

With a spacious interior that can comfortably seat 55-60 dining guests, this restaurant provides the perfect setting for culinary experiences and social gatherings. The fully equipped catering kitchen ensures that every dish is prepared to perfection, catering to the discerning tastes of patrons.

Beyond its current success, this property offers room for expansion or the potential to convert part of the space into a residential dwelling, providing a versatile investment opportunity. Whether you're looking to continue the legacy of this beloved restaurant or explore new possibilities, 31-33 Victoria Street is a property brimming with potential.

Don't miss out on the chance to own a piece of Kirkwall's vibrant culinary scene. Embrace the opportunity to own a restaurant in a prime location, where history meets modernity, and where the aroma of delicious Italian cuisine fills the air.

Buyer Options

The seller is open to discussions around options with regards to purchasing the business and properties. Please discuss this with Karen at K Allan Properties.

Location

Orkney is positioned at the North of Scotland and has a thriving tourism economy, recognised as a desirable place to live and raise a family.

Fully equipped kitchen

- Bar area
- Coffee machine
- Walk in fridge and freezer
- Walk-in dry stores
- Customer and staff toilets
- Office and staff toilet on the first floor
- Presently open from 7.30 am - 9pm
- Adjoining 1stb and 2nd floor development opportunity

Rateable Value - £15,250

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When you choose to work with us, you are officially working with one of the UK's Best Estate Agents. We first received this award in 2021 for sales and are delighted to have been invited back to London every year ever since.

The very best agents are listed in The Best Estate Agent Guide – a website for sellers to help them choose who the best agents are in their area.

If you want to achieve the best results for your property sale, combined with receiving the best customer service, we would love to help.
Viewings

By appointment only, arranged through K Allan Properties.
Call or email
Offers to

K Allan Properties
Watergate
Kirkwall
KW15 1PD

Disclaimer


Whilst we endeavour to make these particulars accurate, they do not offer/form any part of a contract on offer and are not guaranteed.
Measurements are approximate. We have not tested electricity, gas or water services or any appliances.
Photographs may have been taken with a wide angle lens.

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£1,400 per month

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