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  • Listing ID: 2312466
  • (Seller ref: 1037)

Popular Public House In Leven Fife For Sale

Leven, Fife
  • £15,000
Turnover:
Available on request
Net Profit:
Available on request


Business Description

Well established public house business on busy licensed circuit in Leven town centre. Available on a brand new 3 year lease (option to extend). Rent of £35,000 per annum. Generous barrelage discounts with 50:50 split with landlord. Large public bar. Function room/second bar area to rear. Lock-up premises. An excellent opportunity.

Property Information

Property:
Leasehold
Lease Terms:

3 years - extendable

Leasehold Rent:
£35,000 per annum
Location:

The coastal town of Leven is situated in north-east Fife, close to the East Neuk of Fife and approximately 7 miles from both larger towns of Glenrothes and Kirkcaldy.

The town has a population of some 10,000 residents and is the centre for the Levenmouth area which also takes in the communities of Methil and Buckhaven.

McPhails public house occupies a prominent trading position on North Street which is situated close to the pedestrianised High Street in what is regarded as the busy licensed trade section within the town centre. McPhails is located close to the only nightclub premises in this part of Fife and the opening of the nightclub has positively affected the trade of the vast majority of the public houses in the town centre/licensing circuit.

Premises Details:

THE PROPERTY
The property occupies the ground floor of a large stone built property lying under a pitched and slate roof with a flat roof extension to the rear. Main access to the property is via a doorway and entrance vestibule leading into the main bar at the front of the property. The unit is located all on one level and is a lock-up.

INTERNAL DETAILS
Main entry leads into a large open plan lounge bar with timber floor with a mixture of timber tables and chairs and a central island area, banquette style seating across one wall with similar style seating and timber tables and chairs across the length of the pub. There are also bar stools in front of the main bar.

The pub operates as a quality local with a speciality in sport and live sport. A mixture of TVs, gaming machine and juke box.

Through a corridor, there is also a second bar with its own dispense bar. At present this area is under utilised but historically has traded as a restaurant and function space.

We are advised that the current tenants do not offer food and this is a real avenue of opportunity for new tenants. Under previous ownership, the business was renowned for its good quality pub food.

SERVICE AREAS
Service areas in the property include ladies, gents & disabled toilets as well as a small kitchen area and associated stores.

Other Information

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