Charming Red Star Inn in Aberdeenshire with Expansion Potential and Owner's Accommodation
Undisclosed, Aberdeenshire
- Status
FOR SALE
- Date Submitted:
29/11/23
- Advert ID
603265
- Reference
26965800 / Rightbiz
- Call Agent:
- Freehold: £275,000 (Stock at valuation)
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Subnstantial Popular Public house with owners accommodation
CCL is delighter to offer for sale The Red Star Inn, a popular bar in the village of Kirkton of Skene in Westhill, occupying a prime trading location with very little competition. The property has been well maintained and upgraded throughout and benefits from owners’ accommodation above. There is a fantastic opportunity for new owners to create a highly profitable business.
The Red Star Inn, operated by its owners without additional staff, features a public bar and a lounge bar. After recently regaining control from a previous lease, the owners have reopened the public bar. The Inn includes a commercial kitchen with a deep frying range, previously used for a takeaway service during the COVID-19 pandemic. Currently inactive, reopening the kitchen for meal services presents a potential revenue boost. Upstairs, a two-bedroom flat is used for Air BnB but could be transformed into ideal owner's accommodation with refurbishment. This offers a practical opportunity for new owners to enhance the property and maximize its potential.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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