Restaurant for sale

Blackbraes - FK1

£199,995

Property Description

Commercial information

  • Business for sale

Key features

  • Large Lounge Bar/Restaurant
  • Welcoming Public Bar
  • Spacious 5 Bedroom Owners' Accommodation
  • New porch built to front of building

Full description

Tenure: Freehold

Situation
The village of California is situated very close to Falkirk in Central Scotland. Blackbraes is a rural area surrounded by open countryside and the Greyrigg occupies a prominent roadside position between the village of California and Avonbridge. The village is ideally placed to not only serve locals and people living in the outline rural area, but also to draw trade from the large towns of Falkirk, Linlithgow, Grangemouth and even Edinburgh which is only a short 25 minute drive away.

Description
The Greyrigg Inn operates as a country pub with a local clientele enjoying the ambience of the lounge and public bars with tasty bar meals available in all the public areas and attracting customers from a wide surrounding area. Although enjoying steady trading levels, it is undoubted that the Greyrigg Inn holds a lot of potential that is waiting to be exploited. Operators who are interested in catering will appreciate the facilities that the Greyrigg Inn can offer to customers, thought could be given to increasing the dining area by adding a conservatory, plans for this have already been drawn up. This would be an avenue that new proprietors should seriously look into as there are no licensed premises serving food within several miles of the Greyrigg Inn. The business is run by the 2 owners’ with the assistance of part-time staff when required. The current opening hours are from 6.00pm - 12.00am Monday to Thursday and from 5.00pm - 1.00am on Friday. On Saturday the business trades from 12.00 noon - 1.00am and on Sunday from 12.30pm - 12.00am.


Building Internal
This is a very substantial and attractive stone building which has accommodation on 3 floors. The public house area occupies the ground floor whilst the owners’ accommodation is on first and second/attic levels. The main entrance leads via a spacious entrance porch to the entrance hallway, off which both the public and lounge bars lead. The public bar has an attractive strip wooden floor and comfortable banquette style fitted seating. Furnishings include attractive round varnished topped tables with cast iron bases and a feature of the room is an exposed brick wall. The bar counter is spacious with a good service area behind and is "back to back" with the lounge bar service area which contributes towards the easy and efficient running of both bars by the minimum number of staff. The lounge bar is a very well presented and attractive room and again has comfortable wall seating and quality varnished topped tables. The room features a welcoming open fireplace and there is a dining recess which combined with the lounge bar can accommodate 40 or more customers comfortably. The public areas are serviced by ladies and gents toilet facilities.

Service Areas
The kitchen is well laid out and has a good range of commercial catering equipment including a 6 burner range with ovens. There are microwave ovens, deep fat fryers and the room has easy clean walls and a non-slip floor. Further service areas include a spacious cellar, secure spirit store and cupboard areas.

Owners' Accommodation
The owners' accommodation is fully self-contained and extremely spacious. The entrance is via a stairway to the rear of the property and the flat includes a delightful kitchen with modern units and ample work surfaces. The kitchen is large enough to accommodate a dining area and has a useful utility room adjacent. There is a very attractive lounge with open fireplace, large family sized bedroom, double bedroom and a single bedroom which is usually used as an office. These rooms are serviced by a bathroom with 3 piece suite. On the second/attic level there are a further 3 twin bedrooms serviced by a shower-room, WC and wash hand basin. Please note the property is fully double glazed.

Building External
The property sits in an estimated three quarter acre plot which includes a large car park and delightful garden with grass area, trees and mature shrubs. There is a private single garage to one side.

Services
Mains water and electricity are connected. Drainage is to a septic tank and there is an LPG gas fired central heating system within the owners’ accommodation and solid fuel heating system within the public and lounge bars.

Accounts
Accounts to the year end 31st July 2006 show an annual turnover of £85,738 with a gross profit of £41,589. The adjusted trading profit prior to charging of depreciation and finance costs, etc., was £20,170. VAT returns for the year 1st August 2006 - 31st July 2007 show an annual net turnover of £92,820. Full trading information will be made available after a formal viewing has taken place.

Summary
The Greyrigg Inn has a lot going for it, it is in a beautiful country location very close to major centres of population in Central Scotland. This is a substantial property which has recently been upgraded to a very high standard and the business benefits from very spacious owners’ accommodation and is traded currently on a fairly low key manner to suit the current proprietors. New owners of the business who would like to build on the catering side of the public house could consider opening at lunchtimes and in time thought may also be given to adding a conservatory which would be delightful overlooking open countryside.

Website
www.greyrigginn.co.uk


Nearest stations

  • Polmont (2.5 mi)
  • Falkirk High (3.0 mi)
  • Falkirk Grahamston (3.5 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

  • Polmont (2.5 mi)
  • Falkirk High (3.0 mi)
  • Falkirk Grahamston (3.5 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 26747. 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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