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Country Inn Making Good Profit

Undisclosed Fife
A country inn with an excellant reputation for good food. Well known locally with high levels of repeat custom. Situated on a main tourist route which provides the inn with a lot of business throughout the year. Freehold to buy Country Inn Making Good Profit is located in Fife.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 18358
ADVERT IMPRESSIONS : 53,743 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Private Sale

FREEHOLD:

£300000
 

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BUSINESS DETAILS:

The village of Gateside is situated on the Perthshire and Fife border approximately 5 miles from the attractive county town of Kinross. Gateside is situated on the A91, a road which connects Stirling in the West to St Andrews in the East.
As you enter the inn there is a lounge bar area with seating for around 22 pax for dining but further informal seating around the bar. There is also a small area with sofas to enjoy pre or post dinner drinks. There is a more formal restaurant area off the bar with seating for 30. This area could also be marketed as a small function/meeting room. There are ladies and gents toilets seperated from all other areas and the additional facility of a disabled toilet with baby changing area.
Currently run by the owners, 1 full time and 4 part time staff. Well known locally for good food so brings a high level of repeat custom. The inn has been running for a number of years and has developed an excellent reputation for food with further scope to develop. There is a high business turnover with a good conversion from sales to profit previous years trading 2009/2010 show a good increase in profits. Trade is derived from both food and wet sales, approximate breakdown 65/35 in favour of food sales.
The owner's accommodation ca be accessed through the pub or by a private entrance at the side of the property. A set of stairs then leads up to a very spacious flat. The flat is currently laid out with a spacious living room, 2 bedrooms, office/third bedroom, small kitchenette as well as a good sized bathroom.
At the rear and to the side of the property there is a spacious car park to accommodate approximately 20 cars, this also includes a garage. In addition our clients also have a garden area at the rear which they have cultivated to make their own vegetable/herb patch. The business is open 7 days per week and trades Monday to Friday 12 noon until 11pm. The business is closed between 2. 30pm and 5. 30pm. The business also has a late extension on a Friday night until 1. 00am, Saturday trade is 12 noon until Midnight and Sunday opening is 12. 30pm until 11pm.
Profit & Loss Accounts for the year-ended 31 October 2008 shows a net turnover of £162, 142. We are advised that turnover for year-ended 31 October 2009 will show a net turnover circa £180, 000. Full trading information will be made available to seriously interested parties after a formal viewing. Current owners are selling due to family commitments and other business interests.
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

18358 / RightBiz
   
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