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Attractive Restaurant & Bar In Lanark For Sale

Carluke, South Lanarkshire, UK
Asking Price:
£85,000
Turnover:
£500K - £1M
Net Profit:
Undisclosed

Popular 60+ cover eatery in the heart of Lanark, with it’s own separate pub/bar attached 60/40 Food-led

- Rent: £35,000 per annum
- 4 years remaining on the current lease, landlord willing to extend for the new ternant
- RV: £25,000
- Restaurant: 60-70 covers depending on layout
- Bar: 100 capacity
- Fully fitted, well laid out kitchen
- Car parking on site

The restaurant continues to trade well with hands-on owners, however the team consists of locals who are passionate about hospitality and good food, which shows as soon as you enter: whether it’s the Woodpecker for dinner, or ‘The Woody’ for a few drinks and live music.
The business is always improved upon, the pub was recently renovated to a high standard, and consists of a digital dartboard, pool table and stage for weekly live music.

Restaurant opens Wednesday-Sunday, 12-8, pub is open 7 days 4-late.

Viewings strictly by appointment only, full financial information is available for seriously interested parties.

Property Information

Property:

Leasehold

Lease Terms:

4.5 years remaining on the lease, landlord will extend for new tenant

Leasehold Rent:

£35,000 per annum

Location:

36 North Vennell, Lanark, ML11 7QX

Premises Details:

The first floor consists of the restaurant, accessible via the carpark on North Vennel. The premises is located in the centre of Lanark on the corner of North Vennel and Wide Close. Attractive, rustic decor is complimented by the glass frontage and mixture of tables/chair and booth seating. The raised seating area to the rear can be sectioned off for private hire & parties.
The pub is on ground/basement level and accessible via the entrance on Wide Close. With its own separate bar and recent fit out, the pub acts as a feeder for the restaurant and the internal stairs leads down to the pub/bar for customers after they have finished their meal. A bar menu is available for customers seeking more of a fast/casual offering.

Size in square feet:
2,000

Business Operation

Reasons for selling:

Refocus on another business venture.

Trading hours:

Restaurant Open Wed-Sun 12-8/9.
Bar/Pub open 7 days 4pm-late

Employees:
8
Years established:
10

Other Information

Related Documents: