FOR SALE
659321
This is a rare opportunity to acquire the lease of the Balgedie Toll Tavern, a well-established and historic rural pub and restaurant with an excellent reputation for quality food, drink and customer service. The business has consistently achieved outstanding customer feedback, reflected in its numerous 5-star reviews over the past nine years under current tenants tenure.
The Balgedie Toll Tavern enjoys a loyal and regular local customer base, complemented by a strong seasonal tourism trade from April to October. Visitors are particularly attracted to the character and heritage of the property.
The Balgedie Toll Tavern is ideally positioned to benefit from both local and visitor trade. Located within easy reach of Loch Leven, the property is situated close to a network of popular walking and cycling routes, including the Loch Leven Heritage Trail. Nearby attractions such as Loch Leven's Larder generate significant visitor numbers throughout the year, providing a valuable source of tourism and passing trade. Combined with its prominent crossroads position, the business enjoys excellent visibility and access for customers travelling throughout the area.
The business currently generates a gross annual turnover in excess of £480,000, with food sales representing a substantial proportion of revenue. There is clear potential for further growth, as the current tenants have consciously managed trading levels to suit their preferred lifestyle and work-life balance.
Dating in part to the 1600s, the property offers considerable charm and character, creating a unique and welcoming environment for both local customers and visitors. Its historic features are a particular attraction for the tourism market.
The premises comprise three principal trading areas:
A fully equipped commercial kitchen is in place and is capable of supporting the current level of restaurant trade and future business growth.
A new three or five-year lease is being offered by the landlord following the current tenants' decision to retire at the end of December 2026. A premium of £20,000 which includes fixture and fittings, (bar stock at valuation), with an annual rent of £20,400.
The property has a rateable value of £14,900 and currently qualifies for the Small Business Bonus Scheme and Retail, Hospitality and Leisure Relief.
The business is available as a potential going concern, presenting an excellent opportunity for a new operator to continue trading with minimal interruption. The existing kitchen team may be available to remain in post, providing valuable continuity and allowing an incoming tenant to commence operations immediately if desired. A comprehensive handover from the current tenant will also be available.
This opportunity would suit both experienced hospitality operators and those seeking their first business venture within the licensed trade.
In addition, the property includes a two-bedroom flat, currently utilised as staff accommodation, offering flexibility for owner-occupation or continued staff use.
The Balgedie Toll Tavern represents an exceptional opportunity to acquire a thriving, character-filled hospitality business with a strong trading history, established customer base and significant potential for future growth.
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.
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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.
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.
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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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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
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