Fife Pub Restaurant Function Suite And Two Flats For Sale

Business description

Situation
The town of Kirkcaldy is located in the kingdom of Fife on the shores of the Firth of Forth looking towards Edinburgh and the East Lothian coast. It is one of Fife’s major commercial towns with a population of around 47,000. The capital city of Edinburgh is around 40minutes away either by car or train. Kirkcaldy has excellent amenities including golf courses, leisure centre, ice rink and 4 secondary schools. There are also some on the east coast of Scotland’s best beaches close by.

The Business
St Clair Tavern is one of Kirkcaldy’s best known licensed businesses having been run by the current proprietors since 1991. Now on the market as the owners wish to retire the business offers income from all sectors though there is still substantial potential in developing the catering side of the business. The function suite is very popular with functions booked most weekends. However, virtually no marketing is carried out to promote the business with most of the trade coming from regulars or “word of mouth”.
One of the key advantages of the business is that the sale includes 2 self contained flats. The current owners rent out the 2 bedroom flat giving additional income with very little overheads.

The Property.

St Clair Tavern is located on a prominent corner site on the east side of Kirkcaldy. A substantial stone built property there is separate access for the bar and Function Room from the front. The 3 bedroom flat is located above the bar and dining room with the 2 bedroom flat to the left hand side.
The Bar is attractively decorated with a games area to one end with pool table. Behind the bar counter are the usual sinks, fonts etc along with a coffee machine. The Dining Room is mainly used for meals on a Saturday and this is one area of great potential. The room can comfortably cater for 40 covers with windowing to the front and access through to the bar area. St Clair’s Function Suite is set to the rear and can cater for between 80-100. To one end is a dias and to the opposite end a bar servery.

Outside
There are 2 separate smoking areas to the rear. The main area off the bar has plans approved under the new operating licence to offer food and drink.

Service Areas.
There is a modern kitchen situated between the Dining Room and Function Suite. There are the usual other service areas including a large cellar and ladies and gents toilets.

Flats.
There are 2 flats included in the sale. The first flat offers 3 bedrooms, lounge, kitchen and bathroom.
The second flat is set over ground and first floors and offers 2 bedrooms, open plan lounge and kitchen and bathroom.

Property information

Property:

Freehold

Living accommodation:

2 seperate flats. One with 3 bedrooms and the other with 2 bedrooms(currently on a short term let ).