Closed Restaurant & Bar with Owners’ Accommodation. Guest house, former hotel, huge potential

  • Freehold Price: £240,000
Glenrothes, Fife, Scotland
For Sale

Closed Restaurant & Bar with Owners’ Accommodation. Guest house, former hotel, huge potential

Glenrothes, Fife, Scotland
  • Freehold Price: £240,000

Description

Previously known as the Fife Arms Hotel and more recently %u2018Thistle Dae Nicely%u2019, this impressive property on Main St, presents a chance to own and operate a restaurant with additional potential of letting rooms/owners accommodation.

The property is a large stone built property lying under a semi-pitched roof with extensions to the rear. The public accommodation is on ground floor whilst the letting bedrooms and owners accommodation are on the first floor level. Main entry to the business is via the front (street) as well as a separate entry for the business and the private accommodation at the side.

– 60 cover restaurant and bar Outdoor seating Off-street car park
– 2 bedroom apartment, 3 rooms with en-suite (requiring modernisation)
– Potential for owners accommodation and 4 letting rooms
– Only food & drink offering in the village
– Re-development opportunity due to large footprint
– No rates payable

The property requires modernisation in order to be successfully operated as a small hotel once again. With the right input, it could certainly become a thriving hub for the village as there is potential for a food & drink offering alongside the accommodation.

Trading Hours:
-
Number of Employees:
-
Number of Bedrooms:
5
Location Details:
43 Main Street, Milton of Balgonie, Glenrothes, KY7 6PX
Is this business relocatable:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

This listing is not available but we think you'll be interested in these listings

Similar Listings

Compare listings

Compare
Send Enquiry