Pub for sale

The New Royal Bar, 1 George Street, Bathgate, EH48 4PH

Sold STC £300,000

Property Description

Commercial information

  • Business for sale

Key features

  • Substantial licensed property
  • Well presented public bar
  • Vacant restaurant on first floor
  • Town centre location
  • Steady year round trade
  • Loan available via Christie Finance,subject to status. Energy rating G

Full description

Tenure: Freehold

Description

This is a fantastic freehold opportunity for a high performing pub that would make for a good purchase for either a multiple operator looking to grow an existing portfolio or for a husband and wife team.

This well presented popular local is well established within the local community and sits amidst a densely populated town centre area.

Location

The busy town of Bathgate is one of the largest centres in West Lothian. The town is located 21 miles West of Edinburgh and 25 miles East of Glasgow. Bathgate has excellent links to Glasgow and Edinburgh via the M8 motorway and also offers a local train station. Situated on the corner between George Street and North Bridge Street, the bar is located in a prime town centre location.

Internal Details

A main entrance lobby leads into the bar which has tables, stools and sofa seating for circa 50, or 100 standing. A central bar dominates the room with service areas and wall mounted optics behind. The basement area, which is accessed via a hatch from behind the main bar, offers a multi section cellar with cold stores and storage areas.

Situated in front of the bar is a fruit machine, pool table and a raised seating area. Situated at opposite sides of the bar are male and female toilets with access available to vacant space above the pub.

The first floor can be accessed from the bar area and also from the side of the property, both access areas share the same stair well. The area available could host for between 25 and 35 covers and also features a kitchen but this would require some investment.

The Opportunity

The pub has been well looked after and the venue attracts loyal customers that are local in the town of Bathgate. The New Royal Bar's strong management and staff team are delivering a popular entertainment program to include karaoke, dominoes and televised sport.

The business currently delivers a strong turnover but it is felt that new owners who are willing to take a different approach to the business could potentially increase the turnover and profitability further. Offering food is an area of potential that the new operator may want to explore as the building has vacant space above the bar on the first floor.

Staff

No approach is to be made to staff at the premises - all queries are to be directed to the selling agents. TUPE – The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) regulations.

Trading Information

Management accounts will be made available to interested parties after a formal viewing has taken place.

Business Rates

The rateable value is £25,500 for the year commencing April 2017.


More information from this agent

Nearest stations

  • Bathgate (0.3 mi)
  • Armadale (2.3 mi)
  • Livingston North (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Edinburgh

18 George Street, Edinburgh, EH2 2QU

0131 291 0102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bathgate (0.3 mi)
  • Armadale (2.3 mi)
  • Livingston North (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Edinburgh

18 George Street, Edinburgh, EH2 2QU

0131 291 0102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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