FOR SALE
627550
Railway Inn / Rightbiz
The Railway Inn & Platform Lounge
27 Glasgow Road, Dennyloanhead, FK4 1QS
LOCATION
The subjects benefit from a prominent trading position, situated on Glasgow Road (A803), within the attractive village of Dennyloanhead, which lies within the Falkirk council area in Scotland.
Dennyloanhead is positioned between the villages of Longcroft and Head of Muir, and is one of a number of villages that are positioned along the A803, a well-travelled road that links Glasgow and Falkirk.
The subjects benefit from the many surrounding villages and towns which also include Bonnybridge, Larbert, Camelon, Stenhousemuir and Falkirk. The subjects also benefit from many surrounding amenities and attractions, including the Falkirk Wheel and The Kelpies, which bring high levels of visitors and tourists to the surrounding area.
Dennyloanhead is a popular commuter village, lying just off the recently upgraded M80 & M876 motorways, providing easy access to many of Scotland’s main cities including Glasgow (18 miles), Edinburgh (36) and Stirling (11). The resident population is increasing all the time with lots of new house building, and a new development has just started nearby which will see 550 new houses being built which will benefit the business further.
THE PROPERTY
The subjects comprise this traditional 2-storey, sandstone property, under a pitched slate roof, which has been extended to the side and the rear.
The subjects also comprise a detached singe storey beer cellar, and benefit from an external drinking terrace area, as well as a good-sized customer car park.
DESCRIPTION
The subjects have recently been refurbished throughout and have been designed and fitted to a high standard in a stylish and contemporary fashion. The subjects comprise the following main trading areas :
Public Bar
Accessed via a door to the right-hand side of the premises, this area benefits from an attractive bar/servery to the rear, and provides seating for approximately 40 customers by way of fixed banquet seating and loose tables and stools. This area also benefits from 2 flat screen televisions.
Restaurant/Lounge
A small restaurant/lounge area is positioned beside the public bar, and even shares the L-shaped bar counter. This area is decorated in a very contemporary fashion, and provides seating for circa 40 customers by way of fixed banquet seating and loose tables and stylish high backed chairs. This area is also home to a flat screen television.
Platform Lounge
The Platform Lounge was established approximately 15 years ago, when the premises were extended, to create this stunning function venue, which has been designed and fitted to an exacting standard. A stylish black marble and LED lit bar is positioned to the rear of the premises. This area can seat circa 80 guests, however can comfortably hold at least 100 people. Seating is provided by comfy, fixed banquet seating and stylish loose tables and chairs. This area benefits from a dance floor in the centre of the room and a DJ area, as well as 3 large flat screen televisions.
ANCILLARY AREAS
OWNER’S ACCOMMODATION
The subjects benefit from a stunning and extremely well-proportioned, owners flat above, which is accessed separately from the rear. The flat comprises modern kitchen with breakfast bar, dining room, lounge with stylish electric fire, 3 good sized double bedrooms, main bathroom and additional shower room/WC. The flat has been fully modernised throughout to a high standard.
THE BUSINESS
Our clients have owned and operated the business since 2010, however the Railway Inn has traded for many years prior to that, and is therefore extremely long established, and something of an institution in this area.
The business has developed a strong customer base of locals and regulars, derived not just from Dennyloanhead, but from the surrounding towns and villages also. The business also benefits from tourists and day-trippers, thanks to the nearby attractions including the Falkirk Wheel and The Kelpies.
The business enjoys a tremendous reputation for its hospitality and good drinks selection, including an extensive range of draught products and malt whiskies, as well as their quality pub grub, all of which is freshly made on the premises.
They are a popular destination for live sports, showing all the big events, as well as providing regular live music, cabaret evenings, party nights etc. They enjoy a strong function trade, thanks to the Platform Lounge, which is extremely popular and regularly plays host to weddings, christenings, birthdays, funerals etc.
TRADING HOURS
Mon-Thu: 12pm-midnight
Fri/Sat: 10am-1am
Sun: 10am-midnight
TRADING INFORMATION
Accounting information for the year ending 31st March 2024 shows a turnover of £719,315 net of vat producing a gross profit of £427,070 (59%) and an adjusted net profit of circa £120,000. Full accounting information can be made available to interested parties only after formally viewing the business.
FIXTURES & FITTINGS
We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or loan agreements.
LICENCES
The business trades with the benefit of a premises licence.
BUSINESS RATES
The subjects are entered into the current valuation roll as having a rateable value of £27,000.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'Extremely well performing Public House & Lounge with 3 bed owners accommodation in Dennyloanhead - Railway Inn / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.