FOR SALE
06/07/23
516256
Pop Inn / Rightbiz
The Pop Inn
37 New Street
Stevenston
Ayrshire
KA20 3HD
· Popular, well-established & presented inn
· Completely refurbished 2014 (full kitchen added)
· Public bar, large patio and beer garden
· Good reputation for food (c.40%)
· Large self-contained 4 bed owners flat
· T/O for y/e April 23 is c. £400k net of Vat
· Thriving opportunity close to all amenities
PROPERTY
Bought by our clients in 2005 as a wet led public house, in 2014 it was completely developed and refurbished throughout, with the addition of extensive storage, cellar and a full catering kitchen. The property sits prominently along New Street, over two levels, with public areas all on the ground floor and a large 4 bedroom owners flat above (currently used for storage). To the rear are extensive outside dining facilities, patio and beer garden, which are all enclosed.
INTERNAL DETAILS
The Pop Inn is very deceiving from the outside due to its narrow façade and extends largely to the rear. Having had a refurbishment in 2014, the property is presented well throughout with the public bar and dining areas offered on an open plan basis, with a well-stocked bar gantry along one wall. Seating is by way of free-standing tables and chairs, perimeter seating and additional bar stools. Food is served throughout the day and can accommodate c. 30 covers with direct access from the side of the pub directly to the beer gardens and al fresco dining facilities at the rear, which can accommodate a further 30 covers. There is additional garden at the far end of the outside area. The kitchen to the rear of the property is accessed directly from the open plan bar.
There is also a staircase leading to the owner’s flat which runs up the side of the building.
OWNERS ACCOMMODATION
Currently not occupied (used for storage), the accommodation is located directly above the pub and comprises of a spacious flat, offering 4 bedrooms (2 of which have en suite facilities), lounge, kitchen and bathroom. Presented well it offers an excellent addition to the business. No access is given from within business, making it private and self-contained. If not required as owners accommodation it is thought that the area could be developed into letting rooms (subject to planning).
ANCILLARY AREAS
Full catering Kitchen (added 2014)
Cellar and additional storage (added 2014)
Male and female toilets
External
The property has excellent facilities to the rear with a patio/dining/smoking area. This area can accommodate 45 covers approximately.
THE BUSINESS
Since purchasing the property, it has been totally transformed and has established itself as one of the most reputable public houses in the area, not just for its atmosphere and surroundings but the quality of food that it offers. As a result, the food sales account for c. 40% of the turnover and it is supported very well both locally and by the surrounding towns. With a 4.5 rating on TripAdvisor it is regarded as one of the best food offerings in the area, serving quality “pub food”.
The sale of the Pop Inn is an excellent business opportunity for any discerning purchaser looking to get into the market as it trades well across both food and wet sales and would be a great addition to any private multiple operators’ portfolio or as a privately run family operation/ chef proprietor. Currently run by a full complement of staff it is easily managed/staffed due to the internal layout.
Opening Hours: Mon, Tues and Wed- 10am-10pm, Thurs & Fri- 10am-12am, Sat - 9am-1am and Sun- 9am- 10pm.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Busy North Ayrshire Village Inn with 4 bed flat close to all amenities - Pop Inn / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.