Busy Locals Pub With Rooms In Central Scotland For Sale

Business description

The Commercial Hotel is situated in the small town of Larbert , near Falkirk in Central Scotland. The business consists of a busy locals bar, with games room and small beer garden. There are 6 letting bedrooms and potential for owners accommodation. The trading figures are very impressive, good turnover and very high net profit, due to the efficient way that the business is ran and very low overheads.

A new very large hospital has recently opened on a site adjacent to the business, this has provided a major and growing boast to the business.

Ideal to be ran as a couple, The Commercial Hotel is highly recommended .

Property information

Living accommodation:

A large lounge and one or more of the current letting bedrooms

Location:

Larbert is an attractive small town situated in central Scotland approx. 2.5 miles from Falkirk and close to the central Scotland motorway network with both Edinburgh and Glasgow being within an easy 45 minute drive. Larbert is a popular and growing commuter town which earlier this year became particularly important as it is the home of the new Forth Valley Royal Hospital, a medical centre which services a wide outlying area and attracts thousands of patients and staff to the town.

The Commercial Hotel is ideally situated within Larbert on a busy crossroads and very close to the Hospital.

Premises details:

The current proprietors have owned and run the business for the last six years although it has been in the same family for around 31 years.

Income is derived from two areas. The busy public bar is very popular with locals and with others visiting the area. The bright convivial atmosphere ensures that customers come back time and time again and entertainment such as occasional karaoke evenings help to boost trade. The bar also subscribes to a SKY sports package and this means that the pub can be particularly busy during major football and other sporting events. Although fairly compact the bar and games room have in the past been used for small functions and race nights as well as funeral parties and it is considered that these are areas that could be developed in the future.

The bar derives all its income from wet sales and another area of potential growth could be the provision of teas and coffees as well as snacks such as toasties, paninis etc. There is an excellent kitchen adjacent to the bar which would facilitate a small food operation.

The Commercial Hotel sponsors the local football team which helps ensure that the age mix in the bar ranges from young to old.

The six comfortable and well presented letting bedrooms enjoy excellent occupancy rates and are popular with workmen and other contractors visiting the area. With the Hospital now in full operation the Hotel also enjoys a large amount of trade from the Hospital with trainee nurses and other visitors to the Hospital staying in the Hotel.

The Hotel’s close location to the Hospital will ensure that the business will grow over the next few years as more and more staff enjoy a quiet drink after a long shift and other visitors to the Hotel discover and appreciate the facilities on offer at the Commercial.

Business Operation

Expansion potential:

Loads of potential - en suite rooms, food for instance

Reasons for selling:

Young family

Other information

Support & training:

Full support & training available - contact Cornerstone Business Agents

Financing available:

Cornerstone Business Agents can offer advice on finance for this business

Related documents:

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• Sales Particulars