Welcoming Public House in Kirkcaldy Fife for Sale - Beer Garden, Strong Local Trade, £175,000
Kirkcaldy, Fife
- Status
FOR SALE
- Date Submitted:
20/06/23
- Advert ID
515240
- Reference
1498 / Rightbiz
- Call Agent:
- Freehold: £175,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Business Details
A welcoming and well presented public house business. (ref 1498)
Same owners for the last 18 years. A welcoming and popular pub with strong local trade. Profitable business with further scope to increase. Lock up bar in Kirkcaldy’s Merchant Quarter. Oozing real charm – capacity circa 80. Wet sales only with small snack offering. Good mix of barrelage and spirit sales. Well known for Karaoke and entertainment. Run by our client plus management and staff. Genuine Retirement sale. Turnover now at pre-pandemic levels. Rates exempt.
FREEHOLD. Guide Price £175,000 Stock at valuation.
The “lang toun” of Kirkcaldy is one of the largest towns in Fife, located on the Fife coast the town is home to around a population of 50,000 residents. The town is historically famous as the birthplace of economist Adam Smith as well as being formally the linoleum capital of World.
Nowadays Kirkcaldy economy is dominated the by the service sector and the town is still the home to the “Links Market” the biggest annual street fair in Europe which comes to the esplanade every April.
The Heritage Pub is located on Kirkcaldy High Street in the merchant quarter of the town, this is busy trading area in the town centre closed to the pedestrianised High street and Harbour. Kirkcaldy High Street offers a busy licensed trade circuit with the Heritage Bar offering one of the most prominent trading locations at the east end of the High street.
The business has been in our client’s hands for the last 18 years, during which time the business has continued to become a friendly and popular public bar. Karaoke and live music are held regularly and this encourages many regular and repeat custom.
The business and property are offered for sale on a freehold basis.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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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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.'.
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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.
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