Charming 18th Century Village Inn with Bars and Restaurant in Glenrothes Fife for Sale
Glenrothes, Fife
- Status
FOR SALE
- Advert ID
627186
- Reference
1732 / Rightbiz
- Call Agent:
- Freehold: £195,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Business Details
An Original and Charming 18th Century Village Inn (ref 1732)
An outstanding and original 18th century village pub. Oozing real traditional charm. Occupying a prominent trading location in a sought after village. Same family ownership for the last 20 years. Currently run by a stable and knowledgeable staff team. Multi award winning CAMRA pub. Cosy lounge bar with beamed ceiling and log burning fire. Welcoming public bar which acts as the community hub for village life. Under-utilised restaurant/function space (20 seated) on the first floor. Commercial kitchen – huge potential for food trade. Offered in walk in condition for new owners. Rates exempt.
FREEHOLD £195,000 Stock at Valuation.
The village of Freuchie is situated in the heart of Fife, at the foot of the Lomond Hills, 4 miles north of Glenrothes. Freuchie is a sought after village and residential area, lying astride the A92 and approximately 20 miles south of Dundee (via A92).
The nearby village of Falkland (2 miles) is famed for the Royal Palace which was one of the Stewarts preferred royal residences, as well as being one of the filming locations of the TV series Outlander. Thus making Falkland and the immediate area, including Freuchie, popular with tourist and day trippers.
The Albert Tavern occupies a prime trading location in the middle of Freuchie, an ideal and visible spot to cater for the village as well as those passing through.
This public house is a superb example of a high-quality village pub retaining and oozing an abundance of tradition charm. A well-preserved 18th century public house, loved and well run by the same family ownership for the last 20 years, has proven to be the heart and soul of this attractive village. A multi award winning business, the Albert Tavern is hat trick winner of CAMRA awards, with the business priding itself on championing local/Scottish ales.
The business is run on a hands-off basis by our clients and run by a dedicated management team. It is strongly felt that new owners running the business on a more hands-on fashion will be able to enhance the already impressive trade. It is envisaged that longer opening hours and notably the reintroduction of a food trade will drive this well supported local business further forward. Trading levels have increased year on year since Covid.
Our clients are offering this well-run and immaculately presented business to the market in order that new owners can carefully cultivate and enhance this popular local business under new ownership.
The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005. The business also has Class 3 Licence for food.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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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