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Sunday 24th of Sep 2017 - My Account - Register - Brokers - Bookmark RightBiz
Freehold:
£750,000
Leasehold:
£175,000

Restaurant & Bar, Kelso (ref. 1030) Premium Advert

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Reference1030 / RightBiz
Status
FOR SALE
Advert ID197509
LocationKelso, Scottish Borders
SectorBistros, Bars, Restaurants
Freehold Price£750,000
Leasehold Price£175,000
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Key Features
  • With Accommodation
  • Fully Fitted
  • Town Centre location
  • Accounts Available
  • Central Position in Affluent Village
  • Close to Local Amenities
  • Prime Location
  • Attractive Business
  • Established Business
The Waggon Inn has a total seating capacity for in excess of 100 covers. Trading areas are split into two distinct areas with the first being a large open plan raised trading area and the second area forming a round bar with comfortable tables and chairs throughout. To the rear of the main trading area there is childrens’ play room which is popular with families and encourages family dining.

Internally, the business is offered in excellent condition as our clients have continually invested into the internal fabric of the public areas.

The owners’ accommodation is accessed from the rear. At present this area is not utilised by our clients for residential or letting use but is utilised for storage. The flat accommodation comprises lounge, kitchen, bathroom, 2 ensuite bedrooms on the first floor and 2 further bedrooms on attic level.

The current breakdown of turnover represents an approximation of restaurant sales at 75% and drink/wet sales at 25% of turnover.

The business is currently run under management with the day to day assistance of one of the owners. It is envisaged that wages could be further reduced by more hands-on day to day management. The business is continually well regarded in terms of local and national awards with Excellent Best Bar None accreditations and has recently been awarded Best Independent Pub in Scotland.

Rent - £50,000 per annum. Freehold option also available.

If this business is of interest to please contact Cornerstone Business Agents on 0131 445 7222 or by email to info@cornerstoneagents.co.uk.
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