Hotel for sale

2 South Street - EH48

£59,995

Property Description

Commercial information

  • Business for sale

Key features

  • Public Bar
  • Newly Refurbished Function Suite
  • Games Room
  • Commercial Kitchen

Full description

Tenure: Leasehold

Situation
The village of Armadale is situated in West Lothian and is approximately 2 miles west of Bathgate and approximately midway between Edinburgh and Glasgow, and easily accessed via the M8. In the 1850s the town was developed into a major industrial site through the deposits of coal, ironstone, limestone and brick-clay.

Business
The business has been run by the current proprietor for the last 3 years. During this time, it has mainly focused on wet sales and has generated a good reputation with much repeat custom from a consistent local clientele. New owners have the opportunity to continue this as well as grow the business further with offering private parties, functions, events etc. as well perhaps creating a food trade at the business.


Building Internal
The property is of traditional stone construction with a double door frontage, one leading into the public bar and the other leading into the function suite.

Public Areas
The public bar is traditionally presented with a non-slip floor, neutral décor and with a mix of spot lighting and subtle wall lights creates a welcoming atmosphere to the bar. Other features include the astragal glazed mirrors on the walls adding to the spacious feel of the room. There is fixed wall seating with free standing stools around timber top tables. The bar servery is on the adjacent wall upon entry and has all the usual facilities behind including a timber gantry. Beyond this area is the pool room / games room. This area again is very spacious with a modern suspended ceiling above, fixed wall seating, two pool tables, various gaming machines and darts lane. Both the bar and games room are well equipped with televisions showing live sporting events including football etc. Beyond this area and enjoying a separate entrance, although can be accessed from within, is the function suite. The function suite can comfortably hold 100 people and is similar in style to the public bar. This area could be utilised further with marketing for private parties and funerals etc.

Service Areas
Service areas within the property are extensive. There is a commercial kitchen, cellar, private office whilst Ladies and Gents toilets service the public areas.

Services
We have been informed that all mains services are connected.

Tenure
The property is held on a Leasehold basis. We have not had sight of the Lease, however, we have been informed that the current Lease has approximately 15 years to run with a rental figure of approximately £17,500 per annum. Prospective purchasers of this Lease are advised to take independent legal advice on the Lease, a copy of which will be made available to the Solicitors acting on behalf of prospective purchasers.

Licence
The business trades with the benefit of a new Premises Licence.

Price
Offers over £59,995 are being sought for the Leasehold property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Accounts
A full trading profit and loss account will be made available after a formal viewing has taken place.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease.

Viewing
Strictly by appointment through the seller's sole agents, Bruce & Company, Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller's sole agents, Bruce & Company.

Further Information
For further information on this, or any other property, please contact the office on 0131 314 0660.

Business Finance Centre
For a free, no obligation quotation on the finance available to purchase the business, please phone THE BUSINESS MORTGAGE CENTRE, 0131 558 9832.

Website
Visit our website at www.bruceandco.co.uk for a range of other properties available.


Nearest stations

  • Armadale (0.9 mi)
  • Blackridge (2.1 mi)
  • Bathgate (2.3 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

  • Armadale (0.9 mi)
  • Blackridge (2.1 mi)
  • Bathgate (2.3 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 35456. 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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