Commercial Property for sale

First Floor, Royal Hotel - IV15

£18,000

Property Description

Commercial information

  • Business for sale

Key features

  • ** PRICE REDUCED**
  • Established over 12 years
  • Excellent Customer Base
  • Bar Area, Reluctant Sale, Leasehold

Full description

Tenure: Leasehold

Description
Bruce and Co. are pleased to offer to sale 147 Pool Club, a well known and popular bar and pool hall situated in the town of Dingwall. The business benefits from its location on the High Street and situation on the first floor of The Royal Hotel. Much of the trade is from the local community with a varied income from both wet and pool hire sales. 147 Pool Club has been under our clients’ ownership for over 15 years and they have now placed the business on the market due to family commitments. The business is easily managed and unlike many other licensed businesses is currently seeing turnover increasing year on year while generating excellent profits. Despite this healthy turnover, there is still further potential for growth by extending the hours as currently this is only open between 4.30pm and 11pm.

Situation
Dingwall boasts a large range of shops, supermarkets and professional services, the recently built academy provides secondary education. There is a community centre with swimming pool and gym. The Highland Capital city of Inverness is approx 15 miles distant and offers all city facilities to include links by road rail and air to further destinations. The business is also within walking distance of Ross County Football Club which plays in the Scottish Premiership league.

Building Internal
Situated on a prominent corner spot on the junction of High Street and Hill Street, a single doorway on the corner leads directly into the ground floor of the property. This traditional stone building is occupied by a characterful bar furnished with traditional wooden tables, chairs and bar stools. The business shares the property with the Royal Hotel and occupies the first floor. As you enter the bar is located to the left hand side with the pool tables arranged over the rest of the floor. Customer WC facilities are located on this floor also. The business also benefits from 2 storage areas.

Building External
The property is straight to street with on street parking available.

Staff
Manager run with part time staff

Hours
16.30-23.00 Sun -Thurs
12.30-01.00 Fri & Sat



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

Legal
The business trades with a full license.

Summary
This is a great opportunity to purchase a business which already has an excellent established clientele at an extremely attractive asking price. Would ideally suit a husband and wife/couple partnership.

Viewing
Strictly by appointment through the sellers’ 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.

Price
Fixed Price £18,000 are sought for the Leasehold, fixtures, and fittings with a rental of £10,000pa. The lease runs until 2022 and we have been advised can be extended. Stock in trade will be additional at valuation.

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

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 477 6060.

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

Nearest stations

  • Dingwall (0.2 mi)
  • Conon Bridge (2.4 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

  • Dingwall (0.2 mi)
  • Conon Bridge (2.4 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 42768. 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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