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Public House With 2 Tenanted Flats In Fife For Sale

Lochgelly, Fife, UK
Asking Price:
£170,000
Turnover:
£200K - £500K
Net Profit:
Undisclosed

55 Bank Street, Lochgelly, KY5 9QG

Shardy's Bar in Lochgelly, Well established bar, operated by the current owner since 1985 and average turnover of £6,000 per week. Includes a public bar and games room. 2 flats above, tenanted and bringing in a combined rent of £1080pcm.

The residential flats above include a one-bedroom unit with a lounge, kitchen, and bathroom, as well as a two-bedroom unit with similar amenities. This prominent two-story corner property features the bar on the ground floor and the flats on the first floor, with ample free parking available outside and on the surrounding streets.

The owner is also selling another 2 properties in Fife, one is in Kirkcaldy and the other in Cardenden. For details of all three, please download the details located at the top of the page adjacent to the images.

Viewings by appointment, this business is currently trading and accommodation tenanted, potential for alternative use STPP.

Property Information

Property:

Freehold

Living Accommodation:

2 flats. 1x 1 bed, and 1x 2 bed. Both currently tenanted and bringing in £1080pcm currently.

Location:

55 Bank Street, Lochgelly, KY5 9QG

Premises Details:

The property has two entrances: one leads directly into the main bar, and the other enters the games room, which also connects to the main bar. Both areas are served by an open-plan bar accessible from both sides. Conveniently, there are two entrances to the shared customer toilets, making it easy for guests to access them, especially when live music is playing in the main bar.

Business Operation

Reasons for selling:

Retirement

Trading hours:

7 days

Employees:
4
Years established:
30

Other Information

Financing available:

We can introduce a finance broker to assist with funding options if required

Related Documents: