Public Houses for sale in Lanark

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Recently Refurbished, Well Presented Licensed Premises

Lanark, South Lanarkshire, Scotland

  • Freehold Price: POA
  • Leasehold Price: £30,000  Price Reduced arrow_drop_down
Seller Reference: ESA1585
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Business Description
 
 
 
 
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Seller Reference: ESA1585
Request Details
Business Description
The business is no longer trading but previously operated as a vibrant local pub & restaurant.

Riverside Inn was well known for its excellent menu, freshly prepared on the premises this offered ‘Pub food classics’ such as Macaroni Cheese and Fish & Chips, with a few international dishes including Thai Green Curries.

The property will now be leased or sold with a full Premises License and Class 3 consent for new owners to develop as they wish.

LOCATION

Previously trading as the Riverside Inn, the subjects are prominently positioned on the main thoroughfare of South Lanarkshire village - Kirkfieldbank.

Approximately one mile from Lanark and close to the popular tourist attraction of New Lanark, Kirkfieldbank forms part of the Clyde Valley tourist route and sees high volumes of passing motorists during the summer months. The surrounding area is mixed residential and commercial in nature.

DESCRIPTION

The subjects comprise a well presented restaurant/bar premises with an associated 3 bedroomed residential flat to upstairs. There are two main public areas (seating capacity for approximately 65), together with patrons’ toilet facilities, kitchen, cellarage and general storage. The residential flat to upstairs has 2/3 bedrooms, lounge, kitchen, bathroom and storage accommodation.

Our clients acquired the premises circa. 2016 and since then, there has been an extensive renovation carried out to the property internally. As a result, the premises are fitted and equipped to a top quality standard throughout.

Art lovers visit the bar to view the “Falls Of The Clyde Mural”, a 25ft by 4ft high artwork created by well-known artist Alasdair Gray in 1969 – the eye catching mural decorates the main wall in the bar area.

OPPORTUNITY

We envisage a hands-on couple or partnership team, would be able to offer a streamlined menu, choosing popular choices and introducing a ‘Specials Board’ which would keep variety and customers interest, yet costs down.

As the subjects are being offered on a ‘Free of Tie’ basis, the new operator(s) are able to negotiate buying terms with drinks suppliers of their choice.

TRADE INVENTORY

The restaurant remains fitted and equipped, capable of re-opening for trade with minimal investment. The well-presented commercial kitchen has a good range of professional catering equipment.

TENURE

Both Freehold & Leasehold options available.

Leasehold basis – a new flexible length of lease is available with a starting rent of £18,000 per annum. Length of lease can be negotiated, although a minimum term of 10 years is preferred.

PRICE

Leasehold - Offers of £30,000 are invited for the new leasehold interest in the premises and all fixtures & fittings.

Freehold – Price on Application.

VIEWING
Viewing is strictly by appointment and arrangements can be made by contacting Kerry Boyle
at this office on 0131 477 6000 (option 3) or by e-mail at business.sales@dmhall.co.uk
Tenure:
Leasehold, Freehold
Leasehold Term:
Landlord - Private Rent - £18,000 per annum Upfront key money of £30,000 Term - Negotiable Use Clause - Class 3 & Fully Licensed
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