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Three Public Houses with Flats in Fife, Scotland for Sale - £12K Weekly Turnover, Development Potential

Undisclosed, Fife
3 X Public Houses and 3 X Flats - Fife, Scotland Photo 1
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3 X Public Houses and 3 X Flats - Fife, Scotland
  • Status

    FOR SALE

  • Date Submitted:

    12/10/23

  • Advert ID

    601024

  • Reference

    50440 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £510,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

3 X Public Houses and 3 X Flats Fife, Scotland

Very strong development opportunity - sale price at freehold value
3 Established Public Houses with 3 Residential flats currently being rented out
The Central Bar - first floor has an office, service kitchen area, large bar and function room with 140 person capacity. Basement laid out as secured storage and ground floor with main public bar, customer toilets, kitchen area, staff area, snug room and other storage areas - offers over £180k
The Shardys bar - has 2 flats above the pub , 1 one bed and the other 2 bed both are occupied and bring in a combined fund of £1080 per month and then you have the running pub with good sales - offers over £165k
The Estuary Bar - Has a large 3 bed room flat above the whole property which is occupied and has a yield of £600 per month with also a running pub with good sales - offers over £165k
Hospitality Businesses Turnover £285k with good profits
Strong Development Opportunity with Closed site
This is rare business opportunity including two well established public houses, with another closed site. The closed site has fantastic opportunities to be re-opened and capture the historic revenues of at least 6k pet week, or alternatively be developed into residential / commercial. Included in these venues are a 3 bedroom flat , 2 bedroom flat and a 1 bedroom flat with excellent rental capabilities (or to be used as owner accommodation). This is a rare business opportunity only coming to market due to the current owners impending retirement and ill health. Ref: 50440
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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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