Pub/bar for sale in Rodger Street, Anstruther KY10, £45,000

45,000.00

Offer Nr.:
66277321
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

Leasehold Guide Price £45, 000 plus stock at valuation.
Anstruther is one of the largest villages in the East Neuk of Fife situated
close to the towns of Pittenweem, Elie and Crail. The East Neuk of Fife has
always been a popular holiday destination with tourists attracted by
picturesque harbour villages and miles of sandy beaches.
Anstruther is close to both St. Andrews (9 miles) and the city of Dundee (23
miles). St. Andrews is world famous as the home of golf as well as the
University and the city of Dundee is undergoing a cultural renaissance with
the opening of the Victoria & Albert Museum along with many other commercial
developments.
Scotland’s capital city, Edinburgh can be reached in just over an hours drive.
The Royal Hotel occupies a prominent trading location on Rodger Street, one of
the main streets leading from the Crail Road (A917) which passes through the
village down to the harbour. Anstruther harbour is still a working harbour
used by fishing boats and pleasure craft and is also home to the Anstruther
Fish Bar (world famous and award winning).
The business has been in our clients’ hands for the last 4 years during which
time they have gained an excellent reputation for their business enjoying a
loyal custom in the public bar as well as trading the letting bedrooms very
successfully. The bar side of the business has been transformed over the last
few years and ensures a solid year round income for the owners.
This opportunity would certainly suit a couple/partnership team and those with
an interest in food and the promotion of accommodation. The business is
located in the largest village in the East Neuk of Fife attracting visitors
all year round but especially peaking during the summer months.
The business is very neatly presented and in terms of ingoing capital
expenditure, will not require anything specific beyond some personal touches
if so required.
There is an owners flat situated on the first floor above the public bar with
its own private entrance. The flat consists of a lounge, kitchen, bedroom and
2 bathrooms.
The property is offered on a lease agreement with around 6 years left on the
current lease and a rent of £24, 000 per annum. The landlord has indicated that
this could be extended or a new lease issued for 10 years.

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