Guest House & Bar Business For Sale In Kirkcaldy Fife

Kirkcaldy, Fife
Price: £ 219,950
business for sale
Seller Reference: 3905
Asking Price: £219,950
Net Profit: Undisclosed
Sales Revenue: £52,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold

Business Summary

Preferred Commercial is delighted to offer for sale this guest house and bar, which was established in 1911 and which has been in our client’s careful hands since 2010. The guest house is only now being offered to the market due to our client’s other business interests. The business trades all year round and generates a turnover in the region of £52,000 per annum with a gross profit of 70%. Our client offers 6-letting rooms on a bed and breakfast basis, along with a bar which is open to the public. We feel the turnover could be further increased by embarking on a modest marketing campaign to promote the business further. A new owner could establish a website to promote the guest house with online booking facilities. There is scope to utilise the breakfast room to offer evening meals to residents and the public, for which we feel there is demand. The guest house has an excellent reputation and many good reviews on Trip Advisor and Laterooms. The property has been fitted to a high standard and boasts 2-bedroom owners’ accommodation. Early negotiations with Preferred Commercial must come highly recommended.

Guest house and bar, which was established in 1911 and which has been in our client's careful hands since 2010. The guest house is only now being off...

Property Infomation

  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 2-storey guest house premises with public bar. Briefly comprising:

Ground Floor
� Bar area with pool table, electronic games machine, bar servery and seating
� Ladies and gents WCs with wash hand basins
� Breakfast room with tables and chairs for up to 22 covers, self-service area and bar servery
� Commercial kitchen with 6-burner hob and oven, microwave oven, fryer, hot plate, coffee machine and toaster
� Beer cellar
� Storage area

First Floor
� Room 1: double bedroom with en-suite facilities
� Room 2: double bedroom with en-suite facilities
� Room 3: double bedroom with en-suite facilities
� Room 4: double bedroom with en-suite facilities
� Room 5: family bedroom with private bathroom
� Room 6: twin bedroom with en-suite facilities
� 2-bedroom owners' apartment

External
� Beer garden with tables and chairs for up to 30 people
� Parking facilities
 
  Location: Earl David Hotel occupies substantial detached 2-storey premises, ideally located in the village of Coaltown of Wemyss, Fife. The premises benefit from ample private parking and are surrounded by picturesque countryside. There is a mixture of residential and commercial properties in the area, including a Post Office and school. The village is popular with commuters and is a desirable place in which to live and work. The premises boast easy access to the A-road network, including the A955 and the M90. Kircaldy lies 4 miles away and possesses further shops, businesses and amenities. Glenrothes is approximately 8 miles away, while Edinburgh is 30 miles away.

Other Details

  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No