Profitable And Well Established Public House In Lanarkshire For Sale

Property Information

Property:

Freehold

Location:

The Orb has been owned by the same family since 1978, during this time it has built up an enviable reputation as a very well run and established “locals” bar that is very much part of the community. With its location in the town, parking and close to the railway station, it is very accessible and supported well by the surrounding area. Our clients are involved in the day to day running of the business with the assistance of 5 part time staff members. Opening hours are Monday to Thursday 11am – 11pm, Friday and Saturday 11am to 12pm and Sunday 12.30pm to 11pm.
At present the business is purely wet led, however historically did serve food. With the kitchen still in place (would need a complete overhaul) any new owner has the potential to explore this avenue further and introduce a food offering once again.
The majority of the sales come via the public bar and in order to fully appreciate what is on offer and the potential for future growth, a viewing would be strongly advised.
The sale of this pub offers an exciting opportunity for a single operator, looking to get a foothold in the local market or as an addition to a private multiple portfolio.

Premises Details:

INTERNAL DETAILS

Public Bar
Upon entering the property via the entrance vestibule, you are met with a spacious, traditional in design, split level public bar with a pool table to the rear. This impressive space has a mixture of freestanding tables and chairs with extensive perimeter/ bar seating.
To the left-hand side is a large wooden bar servery with well stocked gantry set upon wooden flooring with feature wood panelling surrounding the raised area and ornate wooden steps/bannisters splitting the raised seating area.
The pool table has its own space to the rear of the pub, with access to the enclosed smoking/seating area, in addition there are games machine and flat screen TV’s throughout showing Sky Sports.

Lounge Bar
Located to the rear of the public bar, this spacious room has ample perimeter style seating with freestanding tables and chairs. Fitted to a more relaxed style with carpet flooring, dado rails, wood panels and wallpaper to picture rail height. The bar servery area backs onto the public bar with direct access at the side allowing patrons to pass between both areas.

Function Room
Accessed from the entrance vestibule via a staircase, this room can accommodate c. 120 and is used for functions and Northern Soul nights.
This large traditional room is not used to its full potential and offers scope to grow on the current function levels as our clients do not offer 18ths or 21sts.
The room offers ample freestanding tables and chairs, large wooden dance floor and raised stage, ideal for bands etc. To the rear is a large bar servery with booth style seating surrounding part of the dancefloor.
As a piece of movie trivia, the function room was used in the 2017 film, Trainspotting 2.
There is also a kitchen space at the back which has not been used in years so would need to be checked/refurbished should any new owner wish to introduce food again.

Investment Plot (Dance Studio) (For sale at separate negotiation)
In addition to the public house, there is a separate investment opportunity and plot, which the clients are willing to discuss in more detail with interested parties as it could suit varying uses/development subject to any relevant planning.
For many years our clients rented the detached single-storey unit to a national bookmaker and currently to a local dance studio on a 5 year term with the option to extend for a further 5 years. The building is located next to the public house with ample parking.

PROPERTY

Having been in the same family since 1978 this large public house is split over 2 floors and presented well throughout. Occupying a large corner site there is ample car parking to the rear. The property is instantly recognisable due to its rendered and painted façade.
The main public bar and lounge bar are on the ground floor with the function room and kitchen (not in use) on the first floor.
In addition to the public house, there is a separate building and plot which our clients have been renting out for many years, originally to a bookmaker and currently as a dance studio. This plot/ investment is for sale by separate negotiation.

Energy Performance Rating:

F

Other Information

Related Documents:

•   Full Staff Details