Profitable, Well-Maintained Town Centre Pub in Kinghorn Fife for Sale
Kinghorn, Fife
- Status
FOR SALE
- Date Submitted:
28/02/24
- Advert ID
607554
- Reference
1639 / Rightbiz
- Call Agent:
- Freehold: £240,000
- Turnover: On request
- Net Profit: On request
Business Details
A well preserved and immaculately presented Town Centre Pub (ref 1639)
Same owners for the last 22 years. A well performing business trading profitably. Strong barrelage. Immaculately presented pub with many periods features. Lock up, single bar operation. Easily managed business. Highly visible trading location in busy town. Offered on walk in condition for new owners.
FREEHOLD Guide price £240,000
The town of Kinghorn is located on the Fife coast approximately 3 miles south of the larger town of Kirkcaldy. Kinghorn is located on the A921 close to Burntisland as well as Aberdour and Dalgety Bay. The town benefits from a train link to Edinburgh as well as being an easy 40-minute drive to both Edinburgh and Perth.
The town has a population of circa 3000, although this number swells especially in the summer months due to the proximity of two large holidays parks at the western edge of the town. Kinghorn has a busy high street as well as a secluded harbour area and two beaches.
The Crown Tavern enjoys a prominent trading location on the High Street, an ideal trading location to serve the local community.
The property has been in our client’s hands for the last 22 years, during which time our client has over seen the running of a continued busy and popular public bar. The premises is the only public house on the high street, catering for a loyal local market as well as those visiting the town.
The business is offered in walk-in condition for new owners and is very easily run. It would be ideal for a couple or partnership team. Our clients are selling after 22 years in order that they can consider their retirement.
Alcohol Tie - The business trades as a free house.
The property is offered on a freehold basis.
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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.
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.
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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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