Pub for sale

Earl of Aberdeen Arms, Auchreddie Road East, AB53

Offers Over £200,000
2,999 sq. ft.

Property Description

Commercial information

  • Business for sale

Key features

  • Traditional Bar Premises with Function Suite
  • 5 Bedroom Owners Accommodation Above
  • Potential to Increase Turnover through Longer Hours of Business, Introducing Letting Rooms and/or Food Sales
  • GIA: 278.64 sq m (2,999 sq ft)
  • Offers Over: 200,000

Full description

LOCATION
The Earl of Aberdeen Arms is a popular public house located in the
village of New Deer which is approximately 12 miles east of Turriff,
16 miles west of Peterhead and 30 miles north of Aberdeen. The
premises occupy a prominent roadside location at the junction of
Auchreddie Road East and The Brae. Occupiers in New Deer include
RBS and Costcutter. The village has a primary school and secondary
education is provided in nearby Mintlaw.

DESCRIPTION
The property comprises a substantial, detached, two storey, attic and
basement building of stone construction, harled externally under a
pitched and slated roof. An external beer garden/smoking area is
provided at the side of the premises. Ample free private parking is
provided adjacent to the premises.

We would summarise the accommodation as under noted:
Ground Floor: bar, function suite with dining for 30 covers, games
room, male and female toilets.

Basement: storage accessed by way of a floor hatch from the bar
area

First Floor: living room, kitchen, 2 bedrooms (one with ensuite), one
further bathroom

Second Floor: 2 bedrooms and box room/office

TRADE INVENTORY
The trade inventory is included in the sale price.

FLOOR AREAS
The following gross internal floor areas have been measured in
accordance with the RICS Code of Measuring Practice (Sixth Edition).

Ground Floor 114.75 sq m (1,235 sq ft)
Basement 56.79 sq m (611 sq ft)
First Floor 71.50 sq m (770 sq ft)
Second Floor 35.60 sq m (383 sq ft)

Total 278.64 sq m (2,999 sq ft)

SERVICES
Mains electricity, water, oil fired heating and drainage

THE BUSINESS
The Earl of Aberdeen Arms is an established family business which
has been under the current ownership for the last 10 years and
enjoys a loyal local following. The current owner wishes to retire from
the trade creating an opportunity for a new owner to continue the
growth of the business.

Income is primarily derived from wet sales with the annual barrelage
in the region of 312. There is scope to include food sales and letting
rooms to increase turnover.

LICENCE
The business trades with a full licence

ACCOUNTS
Trading figures can be provided once a formal viewing has taken
place.

ENERGY PERFORMANCE CERTIFICATE
The property has an energy performance rating TBC
Full documentation is available on request.

PRICE
Offers over 200,000 are invited for our clients heritable interest,
fixtures and fittings.

ENTRY
Early entry can be afforded on conclusion of Legalities.

RATEABLE VALUE
The valuation role shows a rateable value of 9,000 with effect from
1st April 2017.

The Uniform Business Rate for the year 2017/2018 is 46.6p in the .
Water and waste water rates are also payable.

The purchaser may qualify for 100% rates relief under the Small
Business Bonus Scheme.

VAT
All prices quoted are exclusive of VAT which may be applicable.

LEGAL COSTS
Each Party will bear their own costs in relation to the transaction.
The Purchaser will be responsible for the payment of any LBTT and
registration dues as appropriate.


More information from this agent

Nearest station

  • Inverurie (17.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Edinburgh

17 Corstorphine Road, Edinburgh, Midlothian, EH12 6DD

0131 291 0208 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

  • Inverurie (17.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Edinburgh

17 Corstorphine Road, Edinburgh, Midlothian, EH12 6DD

0131 291 0208 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 ACA1535. 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 DM Hall , Edinburgh. 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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