1905 Bar, Jamieson's Entry, Kelso, Scotland, TD5 7DP
- SIZE
Ask agent
- SECTOR
Pub for sale
Key features
- Established Licensed Venue / Traditional pub
- Recently undergone full refurbishment
- 4 Bedroom Letting Accommodation
- Opportunity to Develop Food Offering
- Town Centre Location
- EPC Rating D
- Christie & Co Ref: 5255012
Description
A great opportunity to acquire a 'turn key' public house business that requires no further capex. Our clients have invested and refurbished since purchasing the property back in 2017 and comes with the benefit of having a four bedroom flat, which is situated on the first floor with separate access being provided to the side.
The accommodation is currently being advertised on Air BnB generating an income for the prospective buyer on day one.
The 1905 Bar is located in the heart of Kelso Town Centre, prominently positioned on Jamieson's Entry. While it is tucked away from the main thoroughfares, it remains a well-established venue cherished by locals and known widely across the Borders and the surrounding areas.
Kelso is a market town in the Scottish Borders within the historic county of Roxburghshire, lying where the rivers Tweed and Teviot have their confluence.
The public bar is in first class order, with the gantry stretching along the side upon entering. The bar features a selection of fonts on the servery, a fully stocked gantry to the rear, adequate refrigeration and coolers underneath. Bar stools are positioned to the front of the servery. There is two seating areas partially separated from the servery by wall seating and free-standing tables, chairs, and stools. Wooden floors are throughout.
The bar is equipped with several flat-screen TVs strategically placed to allow easy viewing of various sporting events. There is two separate seating areas located off the main bar area with comfortable sofas in one area, and the other has poseur tables and chairs. A combined capacity of c.200 in the main bar and rooms.
Kitchen
Located to the rear of the public bar, still currently being developed.
Toilets
Both ladies and gents toilets are located to the rear of the public bar.
Cellar
Located to the rear of the public bar with side street access for deliveries.
The entire venue has been meticulously fitted out, and a trade inventory will be provided as part of a due diligence process.
Letting AccommodationThe business benefits from a four double bedroom apartment above the pub.
The Opportunity1905 Bar is privately owned and operated, enjoying an excellent reputation within the town centre of Kelso.
The owners have decided to sell to pursue other interests and this brings a fantastic opportunity for a new owner to take over a traditional pub with multiple revenue streams.
The business is operated on a management basis, with a manager and a pool of full and part-time staff.
A staff list will be provided to genuine interested parties as part of any due diligence process.
Monday
Closed
Tuesday to Thursday
1.00pm - 9.00pm
Friday to Sunday
1.00pm - 10.00pm
The Rateable Value as at 1 April 2023 is split between the Pub & Self catering accommodation as follows:
Pub £7,200
Accommodation £4,400
Confirmation of actual business rates payable should be obtained from the Local Authority.
Premises License
Energy Performance Certificates
EPC 1Brochures
1905 Bar, Jamieson's Entry, Kelso, Scotland, TD5 7DP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tweedbank Station12.7 miles
Notes
Disclaimer - Property reference 5255012-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.
Map data ©OpenStreetMap contributors.