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Fife Bar & Restaurant With Accommodation For Sale

Milton of Balgonie, Fife
Asking Price:
£225,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

NEW REDUCED PRICE

The village of Milton Balgonie is situated 2 miles east of Glenrothes, close to the larger villages of Markinch, Coaltown of Balgonie and Windygates. The village of Milton of Balgonie itself is a popular residential village with the business offering a prominent central location within the community.

The business has been run by our clients since 2015 during which time business has been completely redeveloped in terms of style and offering and is now one of the best bar and restaurants in the Fife area. At present, the menu focuses on quality local sourced food with an Iberian influence.

Our clients have been very successful in terms of trade and have gathered many unsolicited reviews including a 4.5 out of 5 rating from Trip Advisor.

The business is on the market as our clients are keen to return south as they have committed to an additional hospitality project south of the border. The business is run by our clients, a husband and wife team, with the assistance of full and part-time members of staff including family. Although the business focuses on quality seasonal produce with an Iberian influence, the business and location would certainly lend itself to a variety of different international cuisines.

The owners’ suite of rooms is also on the first floor of the property and comprises a large master bedroom with ensuite facilities, a second bedroom which our client currently uses as an office, a large livingroom/lounge as well as a kitchen.

Property information

Property:

Freehold

Living Accommodation:

The owners’ suite of rooms is also on the first floor of the property and comprises a large master bedroom with ensuite facilities, a second bedroom which our client currently uses as an office, a large livingroom/lounge as well as a kitchen.

There are associated stores in the property which includes a laundry, store cupboard etc.

In addition, there are four other further bedrooms on the first floor of the property. Previously these rooms have been used as letting rooms although our client currently utilises these for family. The four bedrooms are double and twin sized rooms with three having full ensuite facilities, whilst the remaining bedroom has the use of a shower room.

Location:

The village of Milton Balgonie is situated 2 miles east of Glenrothes, close to the larger villages of Markinch, Coaltown of Balgonie and Windygates.

The larger town of Glenrothes is one of the five designated New Towns of Scotland and home to a population of approximately 50,000 including the residents of nearby Leslie, Thornton and Markinch.

To the east of Milton of Balgonie lies the Levenmouth area offering easy access to the East Neuk of Fife which contains the attractive fishing villages of Pittenweem and Anstruther as well as the home of golf at St. Andrews.

Additionally, this part of central Fife is also served well with the main motorway network. The A92 lies approximately one mile from Milton of Balgonie which then connects with the motorway network offering easy access to Dundee, Perth, Edinburgh, Glasgow and Stirling, all of which can be accessed within an hour and 15 minute drive.

Premises Details:

The property is a large stone built property lying under a semi-pitched roof with extensions to the rear. The public accommodation is on ground floor whilst the letting bedrooms and owners accommodation are on the first floor level. Main entry to the business is via the front (street) as well as a separate entry for the business and the private accommodation at the side.

Business Operation

Reasons for selling:

Relocation

Employees:
The business is run by our clients, a husband and wife team, with the assistance of full and part-time members of staff including family.
Years established:
3 years

Other Information

Financing available:

Contact Cornerstone to discuss possible finance options.

Website:
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Related Documents:

Contact Information

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