Turnkey Pub/Restaurant in South Lanarkshire Centre, Fully Equipped for Immediate Trading
Undisclosed, South Lanarkshire
- Status
FOR SALE
- Date Submitted:
16/10/23
- Advert ID
601140
- Reference
26763932 / Rightbiz
- Call Agent:
- Leasehold: £125,000
- Rent: £26,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- New Lease
- Small Business
- Fully Fitted
- Established Business
- Close to Local Amenities
Business Details
Established Pub Restaurant with everything required to immediately start trading
Description
A rare opportunity has arisen to purchase an already established business occupying a newly refurbished and tastefully fitted bar/restaurant located in the centre of the village of Law, South Lanarkshire. The restaurant is set over one level with a beer garden to the rear and can currently facilitate around 40 covers. Popular with the locals for bar lunches and evening meals offering a turnkey opportunity to run a popular restaurant/bar. Early viewing is highly recommended.
Bullet Points
Popular with local trade
Beer Garden
40 Covers in total
Excellent Condition Throughout
Newly Refurbished
Leasehold
Business for sale
Situation
Law is a village situated between Carluke and Wishaw in South Lanarkshire, Scotland with a population of around 2,800. The village lies on the border of North Lanarkshire.
Law is a former mining village, now mainly a low-density residential area. For a small village, Law has a wide range of services, which include Law Community Centre, Scotmid, Post Office, The Auld Store village bar, Boots Pharmacy, Dario's Takeaway, a Barbers, Law Bowling Club, the Room and Kitchen (coffee shop) and various other services, the majority of which can be found on Station Road, the village's main street.
Law Parish Church can be found on Station Road. The church is part of the Church of Scotland and seeks to provide spiritual and pastoral care to anyone in the parish, church member or not, who requires it. A variety of organisations take place in the church for people of all ages including the Boys' Brigade and Girls' Brigade.
Law Primary School has about 300 pupils and with older pupils going on to attend Carluke High School four miles (six km) away.
The West Coast Main Line runs through the Village but the station was closed down several years ago. However, there has been much speculation that it may be reopened in future, due to the proposed building of many new homes on the old site of Law Hospital. If re-opened, cities such as Glasgow and Edinburgh could be accessible from Law by train.
Property
The property has been recently fitted out to the highest standard and offers a modern environment to enjoy family meals and cocktails in the sun or a drink after work. Entrance to the main bar area is off the street into the recently fitted restaurant/bar with room for 40 covers, well-equipped commercial kitchen, store areas and ladies, gents, WC and leads to the dining area with a further 25 covers and out to the beer garden at the rear. The property has a modern yet traditional feel throughout.
The Business
Currently the business operates from 13 Station Road, Law and offers lunches and evening meals in the restaurant/lounge area and the bar. The Auld Store is a popular venue for private functions including, christenings, birthday parties, baby showers etc and is popular for drinks with the locals. The current opening hours are Sunday – Thursday 12pm until 12am and Friday – Saturday 12pm – 1am.
External
This Property offers an additional seating area externally. At the rear of the dining area, you will find a pretty beer garden with patio heaters, parasols and picnic benches for around 30 covers.
Services
The property has mains gas, water, drainage, and electricity.
Tenure
The property is being offered on a leasehold basis with the rent sought £26,000 PA
Summary
Offering for sale an established business with everything required to immediately start trading. Located within a lease hold premises is the popular village of Law, South Lanarkshire.
Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the same. This will be available to all parties wishing to offer.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.'.
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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.
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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