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Popular Family Owned Pub In Lanarkshire For Sale

Bellshill, North Lanarkshire
Asking Price:
£215,000
Turnover:
£204,000
Net Profit:
Available on request

The Carousel Bar
44 Hamilton Road, Bellshill, Lanarkshire, ML4 1AG

• Very well established “locals” public house
• Same owners for over 30 years
• Prominent location, opposite Bellshill Train Station
• Spacious open plan public/lounge bar with pool table
• Traditional interior with feature horseshoe bar
• Run under management- t/o c. £200,000 net
• Private parking to the side
• Ideal for first time buyer or multiple operator

The Carousel Bar has been owned by our clients for over 30 years and is regarded as one of the oldest pubs in Bellshill, during this time it has built up an enviable reputation as a very well run and established “locals” bar. With its location in the town, parking and next to the railway station, it is very accessible and renowned for its friendly and welcoming atmosphere. Run completely under management, with the assistance of one other full time and 4 part time members of staff, makes it an excellent business opportunity for a first-time buyer or as an addition to a private multiple operator’s portfolio. At present the business is purely wet led, however due to the layout and size there is potential to put a small kitchen at the rear, subject to planning, which would enable a new owner to explore this avenue further.
The pub is well known for its regular entertainment and every week the pub hosts Karaoke on a Sunday (8pm-12) & Monday (5.30pm-9.30pm), DJ every Friday (9pm-1am) and live music every Saturday.
This is an exciting opportunity to purchase a busy wet led pub, that could be run remotely if required and a viewing would be recommended to fully appreciate the quality and potential on offer.

Property information

Property:

Freehold

Location:

The Carousel Bar is located within the busy north Lanarkshire town of Bellshill, 10 miles south east of Glasgow City Centre and 37 miles west of Edinburgh, with other neighbouring towns such as Motherwell, Hamilton and Coatbridge within 3 miles.
Bellshill has a population of around 20,650 and being the focal point (A725) between Scotland’s motorways, M8 and M74, the area benefits from both business and tourist visitors throughout the year. It is also ideal for commuters and easily accessible.
The business occupies a prominent trading location on Hamilton Road, directly opposite Bellshill Train Station, with the car park to the rear of pub and within walking distance of all local amenities.

Premises Details:

The property occupies the ground floor of a two-storey detached building on Hamilton Road, with access to the pub from Glebe Street, also. It is instantly recognisable due to its black and white rendered façade, with the upper floor, red sandstone. The first floor of the building is for private residential dwellings. The Carousel Bar also has private parking to the side.

INTERNAL DETAILS
The public house can be accessed from both the front on, Hamilton Road and to the side on Glebe Street. The interior is presented well and to a traditional standard with both the lounge and the public bar as one open plan layout, making it extremely easy to operate.
The main feature is the “horseshoe” bar, servicing the whole pub with further traditional features throughout including ornate cornicing, pillars, dado rails and wood panels. To the rear is a pool table set upon tiled flooring, with further tiled and carpeted flooring in the bar areas.
Seating is by way of fixed perimeter, bar stools and freestanding tables and chairs. Behind the bar is a small storage room/office for the staff. Further benefits include a juke box, games machine and 3 flat screen televisions on the walls with an additional projector and screen. The toilets are also located to the rear.

ANCILLARY AREAS
• Male & female toilets • Storage cupboard • Cellar (accessed from behind the bar via a hatch) • Spirit store

Energy Performance Rating:
G

Business Operation

Expansion Potential:

Scope to build in a kitchen area to the back, for any new owner looking to introduce a basic pub food offering (subject to planning)

Reasons for selling:

Retirement from the trade

Trading hours:

11am - 12 midnight Sunday/Thursday
11am - 1am Friday
11am - 1am Saturday

Years established:
Current owners have owned the pub for over 30 years.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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