Pub for lease on High Street in Lochee Dundee available for new ownership
Lochee, Dundee
- Status
FOR SALE
- Advert ID
654093
- Leasehold: £35,000
- Rent: £6,600 (£550 per month)
- Turnover: On request
- Profit: On request
Key Features
- Fixtures and fittings included
- Business location visibility
- Busy location
- Capacity for dining and drinking
Business Details
Pub for lease on High Street
An excellent opportunity to acquire a well-established and fully operational bar in a prime High Street location with a strong base of regular customers and a solid annual turnover.
The lease has 9 years remaining, with an option to renew, providing long-term security for the new owner.
Key Features
Fully functioning and profitable business
Prime High Street location in Lochee
Strong regular customer base
All fixtures, fittings, and equipment included
All stock included in the sale price Low monthly rent of £550
Ready to trade immediately
Recent Investment & Improvements
Over the past year, the premises have undergone extensive refurbishment, with significant investment made throughout the property.
The upper floor, which had been unused for over 30 years, has been extensively renovated, including:
New plumbing installed throughout
Floors professionally re-levelled
Brand-new toilet facilities for the upstairs area, due to be fully installed within the next week
The upstairs space will be handed over as a blank canvas, giving the new owner the opportunity to create:
A games room
Private function suite
Sports lounge
Additional seating area
Office space or storage facilities
Additional Income Streams
The included:
Pool table
Jukebox
Gaming (puggy) machines currently generate approximately £1,000-£2,400 per month, depending on the season.
Reason for Sale
The business is only being offered for sale due to other business opportunities and commitments that require my full attention.
With the busy summer season approaching, this is an ideal opportunity for a new owner to take over a thriving business and benefit from its continued growth and potential.
For further information or to arrange a viewing, please send a private message.
Open to reasonable offers.
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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.
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