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The Path Tavern, 7 Mid Street, Kirkcaldy, KY1 2PE

Fixed Price
£525,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • Traditional Pub & Restaurant
  • Commercial Kitchen
  • 2 Letting Apartments
  • Regular Consistent Trade
  • Free of Tie and Good Barrelage
  • Prominent Road Side Location. EPC Rating E
  • Christie & Co Ref: 5254995

Description

Description

The Path Tavern, located in the heart of Kirkcaldy, is a charming and historic freehold property that presents a unique opportunity for investors and entrepreneurs. This iconic establishment has been a cornerstone of the local community for many years and is now available for sale. Boasting a prime location and a rich history, The Path Tavern offers immense potential for a wide range of uses, including its continuation as a beloved pub or a transformation into a new and exciting venture.

Location

Kirkcaldy is a coastal town and former Royal Burgh in Fife, on the east coast of Scotland. It is about 11.6 miles (19km) north of Edinburgh and 27.6 miles (44km) south-southwest of Dundee. The town had a recorded population of 49,460 in 2011, making it Fife's second-largest settlement and the 12th most populous settlement in Scotland.

The Path Tavern enjoys a strategic and highly accessible location in Kirkcaldy with the town being known for its vibrant community, picturesque waterfront, and excellent transport links. Situated in the heart of Kirkcaldy, making it a focal point for locals and visitors alike, it benefits from excellent visibility and foot traffic, well-connected to Edinburgh and other major cities via the A92 and Kirkcaldy Railway Station, making it a prime location for businesses seeking regional and tourist traffic.

The Path Tavern is surrounded by a variety of amenities, including shops, restaurants and cultural attractions. It is within walking distance of the town's beautiful waterfront, which offers stunning views of the Firth of Forth.

Kirkcaldy is known for its strong sense of community, and the Path Tavern has been a cherished part of this community for generations. Taking over this establishment provides an opportunity to build on this legacy and become an integral part of the town's social fabric.

Internal Details

Main Bar Area
A traditional bar area with bar stools round the main bar, loose wooden tables and chairs. Capacity is c.20 seated and 40 standing. There is a small office space located behind the bar service area.

Restaurant Area
A modern decorated and large space with its own bar/servery, ideal for functions or private events. Predominantly used for bar lunches and meals, the space is arranged with a mixture of wooden/upholstered chairs, wooden tables and bench style seating. Capacity is c.50 people seated.

Ground Floor

Male and female toilets are located between the bar and restaurant with a disabled/baby change cubicle at ground floor access.

Fixtures & Fittings

All fixtures and fittings are included in the sale apart from any items personal to our clients.

Letting Accommodation

Apartment 1
Newly refurbished studio with sea views: kitchen, washing machine, gas hob, 2 x double bedrooms, bathroom with shower. Decked garden area to the rear.

Apartment 2
Split over two floors with fantastic sea views: 2 x double bedrooms, 1 x single room, bathroom with shower, kitchen, living room and dining room. Decked garden area to the rear.

External Details

Small partially covered beer garden to the rear which can accommodate c.20 people.

The Opportunity

The Path Tavern, established in 1750, one of the oldest pubs in Kirkcaldy, will appeal to an owner operator or a family looking to continue and build upon the current success. As there is letting accommodation above the premises this lends itself to an owners accommodation, or both apartments can be let out creating further revenue streams.

Staff

The Path Tavern is owner operated with the help of a small team of staff. Staff information will be provided on request, and after a formal viewing.

Trading Information

Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing has taken place.

Trading Hours

Monday
11.00am to 8.00pm

Tuesday
11.00am to 10.00pm

Wednesday & Thursday
11.00am to 11.00pm

Friday and Saturday
11.00am to 12.00 midnight

Sunday
2.00pm to 10.00pm

Tenure

The business is being offered as a freehold sale, including the two apartments.

Business Rates

The Rateable Value as of 1 April 2023 is £15,700. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence

Energy Performance Certificates

EPC 1

Brochures

The Path Tavern, 7 Mid Street, Kirkcaldy, KY1 2PE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kirkcaldy Station0.9 miles
  • Glenrothes with Thornton Station2.9 miles
  • Kinghorn Station3.7 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5254995-fh. 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 Christie & Co, Pubs & Restaurants. 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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