Mac’s Bar & 4 flats
Location:
14-18 Castlehill Street, Rothesay, Isle of Bute, PA20 0DA
Key features:
• Long established, free of tie public house. Been in same family for 72 years
• Situated within the popular seaside resort of Rothesay on the Isle of Bute
• Positioned directly across from the historic Rothesay Castle tourist attraction
• 2023 turnover £217,278 net of vat
• Adjusted net profit circa £50,000
• 100% wet led pub. Barrelage circa 150/160
• Sale includes 4 flats above with rental income of circa £20k per annum
The Business:
Our client’s family have owned and operated Mac’s Bar for approximately 72 years, with our client running it for the last 46 years, so the business is therefore extremely well established and something of a local institution.
The pub trades very much as a traditional local’s bar with a loyal and regular clientele, with a welcoming atmosphere which also attracts tourists and day trippers, particularly in the holiday season when the hotels, B&B’s and holiday homes are at full capacity.
The pub shows a variety of live sports on its 8 screens, with Sky Sports, TNT Sports and the Racing Channel, and provides betting slips for the nearby bookmakers. There are regular events every week with the pub hosting quiz nights, darts league, pool league and dominos league, and is a real hub of the local community.
The property has only been put up for sale due to retirement and offers a tremendous opportunity for a new owner operator to take on this long established and well performing business which continues to go from strength to strength, and when you include the flat investments it is a considerable chunk of property and a great overall business opportunity.