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Pub for sale

The Commercial Hotel,3 Stirling Road,Larbert,FK5

Sold STC £350,000

Property Description

Commercial information

  • Business for sale

Key features

  • Popular local with established clientele
  • Easily managed single bar operation
  • Scope for food sales
  • Steady sales with excellent profit margins achieved
  • Good income from accommodation (6 letting rooms)
  • Energy Performance Rating Band G
  • Offers Around 350,000

Full description

The subjects comprise traditional licensed premises which provide a public bar with games room off. There are male and female toilets and accessed from the games area is an enclosed beer garden/smoking area. The main entrance hallway provides access to the upstairs letting bedrooms and also the kitchen and dining room which are utilised by the residents. Completing the ground floor accommodation is a large cellar/store.

There are six letting bedrooms at first floor level together with a shared bathroom. At attic floor there is a large lounge/bedroom previously utilised for owner's living accommodation.

To the North of the property is a large car park which can accommodate circa 14 cars.

Business

The Commercial Hotel has been family owned for 34 years, operated by our clients for the last 9 years who now wish to retire from the trade.

Income is derived from wet sales, with the annual barrelage in the region of 200. The business is well supported locally with an established clientele. Sports events are shown and karaoke is held monthly.

The letting rooms are occupied by contractors and students from the nearby hospital, with the majority generally 4 week stays. Income in 2013 for accommodation was circa £30,000.

Our clients operate the business hands on with assistance from two part time members of staff. The business offers an ideal opportunity for a husband and wife team or similar to operate hands on.

Opening hours are currently as follows -

Monday - Thursday 11.00 am - 12 midnight

Friday & Saturday 11.00 am - 12.45 am

Sunday 12.30 am - 12 midnight

Financial documentation will be provided to interested parties after viewing and confirmation of interest.

Sales for the year ended 31 March 2013 were circa £210,000, net of VAT with excellent levels of gross and net profit achieved.

PROFITABLE PUBLIC HOUSE FOR SALE
The Commercial Hotel, 3 Stirling Road, Larbert, , FK5 4AE

Stirlingshire

Guide Price : £350,000

Currently: New on Market

Type: Business for sale

Status: For Sale

Location: View

* Popular 'local' with established clientele

* Easily managed single bar operation

* Scope for food sales

* Steady sales with excellent profit margins achieved

* Good income from accommodation (6 letting rooms)

* Energy Performance Rating Band G

* Offers Around £350,000

Location

The subjects occupy a prominent position on Stirling Road,

at its junctions with Denny Road and Main Street . The new

Forth Valley Hospital lies a short distance to the North, and,

as a result, the road is particularly busy. Junction 2 of the

M876 is also circa two miles to the North.

Larbert lies two and a half miles North West of Falkirk town

centre and Stenhousemuir is directly to the East.

Description

The subjects comprise traditional licensed premises which provide a public bar with games room off. There are male and female toilets and accessed from the games area is an enclosed beer garden/smoking area. The main entrance hallway provides access to the upstairs letting bedrooms and also the kitchen and dining room which are utilised by the residents. Completing the ground floor accommodation is a large cellar/store.

There are six letting bedrooms at first floor level together with a shared bathroom. At attic floor there is a large lounge/bedroom previously utilised for owner's living accommodation.

To the North of the property is a large car park which can accommodate circa 14 cars.

Business

The Commercial Hotel has been family owned for 34 years, operated by our clients for the last 9 years who now wish to retire from the trade.

Income is derived from wet sales, with the annual barrelage in the region of 200. The business is well supported locally with an established clientele. Sports events are shown and karaoke is held monthly.

The letting rooms are occupied by contractors and students from the nearby hospital, with the majority generally 4 week stays. Income in 2013 for accommodation was circa £30,000.

Our clients operate the business hands on with assistance from two part time members of staff. The business offers an ideal opportunity for a husband and wife team or similar to operate hands on.

Opening hours are currently as follows -

Monday - Thursday 11.00 am - 12 midnight

Friday & Saturday 11.00 am - 12.45 am

Sunday 12.30 am - 12 midnight

Financial documentation will be provided to interested parties after viewing and confirmation of interest.

Sales for the year ended 31 March 2013 were circa £210,000, net of VAT with excellent levels of gross and net profit achieved.


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