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Well-Maintained Public House in Falkirk For Sale, Promising Business Expansion and Flat Conversion

Falkirk Town, Falkirk
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A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606) Photo 1
A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606) Photo 2
A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606) Photo 3
A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606) Photo 4
A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606) Photo 5
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A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606)A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606)A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606)A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606)A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606)
  • Status

    FOR SALE

  • Date Submitted:

    03/10/23

  • Advert ID

    600613

  • Reference

    1606 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £165,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A well presented lock up public house occupying a prominent trading location in Falkirk. (ref 1606)

Same owners for 25 years. Immaculately presented lock up public bar with lounge bar. Excellent opportunity for hands on operator. Easily run business. Genuine turnover expansion with use of social media and more active promotion. South and west facing beer garden. Potential to offer food. Lounge bar has 3 bed flat conversion potential. Rates exempt.

FREEHOLD Guide price £165,000 VAT.

The town of Falkirk is one of the largest towns in central Scotland lying 23 miles north-west of Edinburgh and 20 miles north-west of Glasgow. The town has a population of around 40,000 with an estimated population of 156,000 in the greater Falkirk area. Easily accessed by the M90 motorway, the town is well connected to central Scotland and beyond.

The Mill Inn is located on Thornhill Road, an important arterial road towards the eastern outskirts of Falkirk town centre. This is a densely populated residential area with little by way of direct competition close by.

The premises are located close to Forth Valley College as well as being the closest licensed business to Falkirk Stadium, the home of Falkirk Football Club.

The Mill Inn is an excellent example of a well patronised and neatly presented public bar. The business has been owned and run by our clients in some format for the last 25 years. The premises are well presented and offer new purchasers undoubted head room to increase turnover and sales further.  

There is potential to increase sales with more active promotion of the business, as well as to harness the potential of the lounge bar. This area could be utilised far better by new owners to create an excellent function business to work along side the busy public bar.

The premises operates as a free house with no brewery tie.

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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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