4 bed Flat For Sale £629,950
Reference - 48039
Description
The Lochside Bar is located in the fishing town of Montrose, in the North East of Scotland, on the main A92 tourist’s route to Aberdeen. The restaurant area has 30 covers, while the bar area has a capacity of around 60. There is also a large, recently refurbished beer garden with a further 25 capacity, which leads out to the private customer car park for up to 8 cars.
The main clientele are the many residents from all over the town who regularly use the Lochside Bar for pool, darts and dominos competitions, as well as various party celebrations.Being on the main tourist’s route and with many caravan parks locally they do have a very busy passing trade. With a turnover of £300,000 wet sales per annum currently, by offering a full food service, a new potential owner would undoubtedly increase this figure.
There is a two bedroom flat with private rear entrance with a garden area, consisting of a fully fitted kitchen, living room and bathroom which are all in excellent decoration. This is currently being occupied by the owners. In addition there is another 2 bedroom flat with a front entrance which they currently have out on a short term lease which is also in excellent condition bringing another income.
Sales
Currently wet sales average £300,000 approximately.
Accounts
Current records and accounts can be inspected when viewing.
Trading Hours
Monday, Tuesday, Wednesday, Thursday, Sunday 11:00am – 12:00am
Friday - Saturday 11:00am- 1:00am
Staff
Managed by the owners with full/part time staff.
Building External
The Lochside Bar is a substantial detached stone built building, constructed around the early 19th century, approx 1856 with a couple of later extensions, the most recent being a large brick built detached extension being used for extra storage. The car park is to the rear with entry into the main bar area going through the beer garden, which has just been refurbished with timber tables and bench seats.
Building Internal
The main bar entrance is to the front, which leads into the restaurant area and is open plan, but with a separate bar area and entry to the chef’s kitchen and customer toilets. The kitchen also has its own door for easy access. The public bar area is on the left as you enter with various timber table and chairs, they also have a pool table and a specific area for the darts. Access through the ground floor cellar staircase is a office space which is approx 24 Sqm, gas boiler and large water tank which supplies the kitchen and toilets.
Residential Accommodation
Owners currently occupy one of the two bedroom flats which comprises of a living room, bathroom and fully fitted kitchen. Another two bedroom flat which comprises of a living room, bathroom and fully fitted kitchen is currently occupied by a tenant on a short term lease agreement.
Tenure
We are advised that the property is freehold. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary
Bruce & Co are delighted to bring to the market this business opportunity which is in a great location with its fantastic owner’s accommodation and its rentable additional flat. We do expect a high level of interest and would recommend an early viewing is essential.
Description
The Lochside Bar is located in the fishing town of Montrose, in the North East of Scotland, on the main A92 tourist’s route to Aberdeen. The restaurant area has 30 covers, while the bar area has a capacity of around 60. There is also a large, recently refurbished beer garden with a further 25 capacity, which leads out to the private customer car park for up to 8 cars.
The main clientele are the many residents from all over the town who regularly use the Lochside Bar for pool, darts and dominos competitions, as well as various party celebrations.Being on the main tourist’s route and with many caravan parks locally they do have a very busy passing trade. With a turnover of £300,000 wet sales per annum currently, by offering a full food service, a new potential owner would undoubtedly increase this figure.
There is a two bedroom flat with private rear entrance with a garden area, consisting of a fully fitted kitchen, living room and bathroom which are all in excellent decoration. This is currently being occupied by the owners. In addition there is another 2 bedroom flat with a front entrance which they currently have out on a short term lease which is also in excellent condition bringing another income.
Sales
Currently wet sales average £300,000 approximately.
Accounts
Current records and accounts can be inspected when viewing.
Trading Hours
Monday, Tuesday, Wednesday, Thursday, Sunday 11:00am – 12:00am
Friday - Saturday 11:00am- 1:00am
Staff
Managed by the owners with full/part time staff.
Building External
The Lochside Bar is a substantial detached stone built building, constructed around the early 19th century, approx 1856 with a couple of later extensions, the most recent being a large brick built detached extension being used for extra storage. The car park is to the rear with entry into the main bar area going through the beer garden, which has just been refurbished with timber tables and bench seats.
Building Internal
The main bar entrance is to the front, which leads into the restaurant area and is open plan, but with a separate bar area and entry to the chef’s kitchen and customer toilets. The kitchen also has its own door for easy access. The public bar area is on the left as you enter with various timber table and chairs, they also have a pool table and a specific area for the darts. Access through the ground floor cellar staircase is a office space which is approx 24 Sqm, gas boiler and large water tank which supplies the kitchen and toilets.
Residential Accommodation
Owners currently occupy one of the two bedroom flats which comprises of a living room, bathroom and fully fitted kitchen. Another two bedroom flat which comprises of a living room, bathroom and fully fitted kitchen is currently occupied by a tenant on a short term lease agreement.
Tenure
We are advised that the property is freehold. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary
Bruce & Co are delighted to bring to the market this business opportunity which is in a great location with its fantastic owner’s accommodation and its rentable additional flat. We do expect a high level of interest and would recommend an early viewing is essential.
