The town of Greenlaw is located on the A697 in the heart of the Borders, near
equidistant between Lauder and Coldstream. Coldstream marks the border between
Scotland and England and lies 10 miles to the South. Edinburgh is 38 miles to
the north and can be accessed within an hour.
The Borders enjoys a rail link to Edinburgh with the train terminus at
Tweedbank, 17 miles west as well as a connection to the East Coast Main Line
at nearby Reston, 17 mile east. Other centres located close by include Berwick
upon Tweed (20 miles) and Galashiels (21 miles).
The town is home to circa 800 residents but this swells in the summer months
with tourists and visitors. The town has a well - regarded caravan and holiday
park with the stunning scenery of the Lammermuir hills all around. Greenlaw
also boasts a village shop, butchers, pharmacy and primary school.
The Blackadder Bar and Restaurant is the only licensed establishment in
Greenlaw, occupying a prime roadside trading position on the main road leading
through the town. Historically, the business has been a very popular village
business and remains trading strongly from food and wet sales.
The business has been in our clients hands since 2016 and underwent a
significant refurbishment on ground and partial first floor before opening to
trade in April 2017. Initially the business was run under management and
traded impressively reporting a gross turnover circa £250, 000 prior to Covid.
In the recent past, our clients have let out the business on an informal lease
on an initial passing rent of £15, 000 per annum. The rent is due to rise to
£18, 000 per annum in due course.
The property is being offered on a freehold basis and vacant possession may be
granted for purchasers wishing to run on a hands on basis.
Freehold Guide price £195, 000.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: