Restaurant for sale

1 Market Place - TD7

£219,995

Property Description

Commercial information

  • Business for sale

Key features

  • Freehold with Leasehold Opportunity
  • Locally supported pub
  • Function Room
  • Turnkey Opportunity

Full description

Tenure: Freehold

Description
Bruce and Co. are pleased to offer for sale The Town Arms Inn, a popular and very busy free house situated in the town of Selkirk in the Scottish borders. The Town Arms Inn was purchased by our clients over 12 years ago during which time it has been trading successfully and has been placed on the market by our clients due to other business commitments. The property has been very carefully maintained throughout their ownership and is presented in walk in condition with no work required before new owners could commence immediate trading. The business has established an excellent base of loyal clientele from local residents and although the business forms an important part of the local community it also attracts custom due to its central location. The business trades currently with wet sales only and although it boasts good trading figures it has further potential to increase turnover as it benefits from function room above the business premises which is not being used to its full potential.

Situation
The Town Arms Inn is located on the main road through the town of Selkirk. Selkirk was formerly the county town of Selkirkshire. Selkirk is one of the oldest Royal Burghs in Scotland and is the site of the earliest settlements in what is now the Scottish Borders. It is also home to Scotland’s oldest horse racing tracks, the Gala Rig on the outskirts of the town.

Building internal
The business premises occupy a terraced building which is designed over two levels. The entrance leads directly into the main bar area with a circular bar which is furnished with traditional wooden tables and chairs. To the rear of the property are WC facilities along with cellar. On the upper floor is the function room with a capacity of 40-60. This area also has its own bar complete with draught pump facilities. The sale of the business includes all fixtures and fittings.

Building External
The business is straight to street with parking available in and about the town.

Services
The property has mains water, drainage, electricity, gas.

Legal
The business trades with a full license.

Trading Figures
Accounts will be available once a formal viewing has taken place.


Summary
Excellent opportunity to purchase a popular and well run public house which is well supported by the local community.

Price
Offers over £219,995 are sought for the Freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation. Leasehold opportunity available on request.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact the office on 0131 3140660.


Nearest stations

  • Galashiels (5.1 mi)
  • Tweedbank (5.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 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

  • Galashiels (5.1 mi)
  • Tweedbank (5.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 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.

Disclaimer - Property reference 45077. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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