An opportunity to acquire an established traditional public bar
Located next to Larbert train station on one of Scotland's busiest train lines.
Includes a lounge bar, public bar, private function room and beer garden
9 bedrooms are located on the first floor with development opportunities.
Last full year draught barrelage (pre Covid-19) 300+, opportunity to increase food sales
The hotel benefits from a good local customer base and the prominent location, along with the large private car park.
Sale due to retirement
- Asking Price:
- £775,000 Furniture / Fixtures included
- Turnover:
- £500K - £1M
- Net Profit:
- £100K - £250K
Property Information
- Property:
-
Freehold
- Location:
-
The Station Hotel in Larbert is a well established Public House having been purpose built as a hotel in 1856. situated on Foundry Loan which runs immediately opposite Larbert train station on the Central Scotland trainline connecting Glasgow, and Edinburgh to the south with Stirling, Perth and Inverness to the north.
Larbert is a popular commuter town surrounded by other Central Belt towns such as Falkirk, Grangemouth, Denny, Plean and Stirling. The local population is approximately 11,400 with a very large residential catchment area. Nearby attractions include the Falkirk Wheel, a unique feat of engineering on the Glasgow to Edinburgh canal, and The Kelpies and Helix park, popular with families.
- Premises Details:
-
The Station Hotel is a custom built small hotel of traditional construction (1856) set beneath a variety of pitched and slated roof arrangements. The front of the property includes a private car park and provides access to the hotel reception and separately to the public bar. The bar carries a traditional theme with large bar servery and fixed seating with a selection of moveable furniture. A large gantry display is presented to the rear of the bar counter. Multiple televisions are provided with live sport regularly broadcast
- Energy Performance Rating:
- G
Business Operation
- Expansion Potential:
-
The business has been owned and operated by the current proprietor for over 20 years and is well established in this location, benefitting from its proximity to Larbert Train station, being popular with locals either enjoying a local night out or traveling by train to or back from nights out in the cities of Glasgow or Edinburgh. The pub is also very popular with locals for live sporting events showed on various screens throughout the property. A large paved beer garden area is provided to the rear of the property which can also cater for a semi-permanent marquee for events. There is the potential to add additional external licensed space within the private car park to the front of the property, which benefits from longer sunlight hours. Food has recently started being served again and is proving popular with customers, this is an avenue that could certainly be established and grown. The bedrooms are used sporadically for paying guests and there is significant potential to increase sales and profitability by upgrading and developing the bedroom space to provide ensuite apartments for short to medium term guests.
- Reasons for selling:
-
Retirement
