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Vacant Bar & Nightclub, 68 High Street, Kirkcaldy, Scotland, KY1 1NB

POA
Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Bar / nightclub to lease

Lease details

Lease available date:
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Key features

  • Vacant Bar & Nightclub
  • Busy Town Centre Location
  • High Footfall Area
  • Potential F&B Opportunity
  • 2 Fully Fitted Bars & Function Room
  • 7 Day Premises Licence
  • Energy Rating E
  • Christie & Co Ref: 5254957

Description

Description

The venue offers a great opportunity for an experienced operator working within the licensed sector. Benefiting from it's prime location in a high foot fall area within the busy Kirkcaldy Town Centre, a food offering could be introduced to increase revenue streams and the business would benefit from operating 7 days (currently 2 days).

Location

Kirkcaldy is one of the largest towns in Fife and is often referred to as the ?Lang Toun?. It lies on the coast of the Forth and is only a short drive to other surrounding towns such as Dunfermline (14 miles) via the M90 and Glenrothes (7 miles) and Leven (10 miles) along the A92. The town also benefits from excellent public transport links connecting Kirkcaldy to the major cities of Edinburgh, Dundee & Aberdeen.

The bar & club is prominently located in the centre of Kirkcaldy's High Street and is close to a number of commercial, retail and residential properties.

Internal Details

Entry to the property is through a single recessed door from High Street. A staircase provides access to the first floor where the spacious bar and club is located. The venue has a capacity for 250 with a mix of booth seating and poser tables. The cloakroom is positioned towards the rear where the exit door gives access to the smoking area.

On the second floor there is a small kitchen and function room (currently not used). The kitchen could be utilised as a commercial kitchen subject to planning permission with the function room being used for private events. Male and female toilets are situated on the second floor, along with an office and storage facilities.

The beer cellar is on ground floor and can be accessed via an internal staircase to all floors.

Lease Terms

? Landlord - Private
? Rent - Offers invited
? Asking Premium - Offers invited
? Term - 10 or 15 years
? Rent Review - every 5 years
? Licensed Premises

External Details

The property benefits from a smoking area which is located to the rear. There is also a small private car park with space available for four cars.

The Opportunity

A great opportunity for an experienced operator currently working within the licensed sector, a hands on operator in particular could improve upon a well located town centre business.

A food offering could be introduced to increase revenues and drive performance, there is potential to increase opening hours and potentially introduce a new daytime concept to provide supplementary income.

The premises is currently being offered as 'Free of Tie' and therefore a new tenant is able to negotiate buying terms with suppliers of their choice.

Trading Hours

The business has a 7 day Licence however, this was not fully utilised and was only trading the following hours previously:

Friday and Saturday
10.00pm to 3.00am

Business Rates

The Rateable Value as of 1 April 2023 will be £16,500. Confirmation of actual business Rates payable should be obtained from the local Authority.

Regulatory

Premises Licence

Energy Performance Certificates

EPC 1

Brochures

Vacant Bar & Nightclub, 68 High Street, Kirkcaldy, Scotland, KY1 1NB

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kirkcaldy Station0.4 miles
  • Kinghorn Station2.8 miles
  • Glenrothes with Thornton Station3.8 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

These notes are private, only you can see them.

Disclaimer - Property reference 5254957-lh. 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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