Hotel for sale

10 Main Street - TD15

£214,995

Property Description

Commercial information

  • Business for sale

Key features

  • **** REDUCED PRICE ****
  • Waterfront Village
  • Popular Live Music Venue
  • Large Bar Area, Pool Room

Full description

Tenure: Freehold

Description
Bruce and Co. are pleased to offer for sale The Albion Inn, a popular and very busy free house situated in the seaside village of Spittal. The Albion Inn was purchased by our clients over 10 years ago during which time it has been trading successfully and has been placed on the market by our clients due to their impending wish to retire. The property has been very carefully maintained by our clients throughout their ownership and is presented in true walk in condition with no work required before new owners could commence immediate trading. The business has established an excellent base of loyal clientèle from local residents and although the business forms an important part of the local community it also attracts custom from further afield due to its hugely successful entertainment evenings with live music. The business trades currently with wet sales only and although it boasts strong trading figures very little marketing is carried out, additional marketing and entertainment evenings would undoubtedly increase turnover.

Situation
The business is situated in a densely populated residential area with many commercial properties also located in the vicinity. The business benefits from passing trade and high footfall due to its easily accessible location with a nearby bus stop and a variety of good local amenities in the surrounding area. Spittal is located approx 2 miles from Berwick-upon-Tweed and boasts one of the finest natural beaches on the Northumberland Coast. The business has easy access to the main A1 road which leads to the cities of Edinburgh and Newcastle.

Building External
The business premises occupy a large detached corner building which is designed over two storeys. This attractive white property is of traditional appearance and has been well maintained and cared for inside and out. The entrance leads directly into the bar area which is traditionally furnished with wooden tables and chairs. A separate snug is positioned at the right hand side of the entranceway and could provide an area for small private gatherings. The business benefits from a games room with pool table and customer WC facilities are located towards the left hand side of the building beyond the games room.

Trading Hours
Mnday to Thursday - 2pm - Midnight
Friday and Saturday - 12pm - 1am.
Sunday - 12pm - Midnight.





Owners Accommodation
The owners accommodation is a particularly attractive aspect of this sale and is located on the upper floor of the property. The owners quarters and can be accessed by a separate entrance to the rear of the building and consists of 2 double bedrooms one of which benefits from a feature balcony, family bathroom, fitted kitchen and very large living room/dinning room with scenic sea views. The accommodation is beautifully presented throughout with contemporary décor.

Building External
The business is straight to street with parking available on street directly outside.

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

License
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 and beyond. The business trades successfully enjoying a healthy turnover and is widely recognised for its live music and entertainment nights.

Price
Offers over £214,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.


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.

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


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


Nearest station

  • Berwick-upon-Tweed (1.3 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 station

  • Berwick-upon-Tweed (1.3 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 42638. 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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