Long established and well known venue. Consistently profitable business with increasing turnover. Includes large 2 bed house. The bar qualifies for 100% rates relief remission under the SBBS. Sale due to current owner's retirement. Offers over £XXX
Location
The subjects are located on Wellington Square a Georgian square with public gardens and within close proximity of both Ayr town centre and the beach esplanade. The area is busy both day and night with a combination of workers, local residents and visitors to the beach. Ayr is the principal settlement in the South Ayrshire Council area based around 40 miles south-west of Glasgow. The town is a popular tourist destination with local attractions including Ayr Racecourse, a busy theatre and numerous golf courses.
Accommodation
BAR AREA Wellingtons Bar occupies the lower ground and part of the ground floor of a stone and slate terraced Georgian property whilst the separate owner’s accommodation enjoys a private location in a courtyard to the rear. The premises are finished along traditional lines and is well appointed throughout including bar area together with a fully fitted commercial kitchen, cellarage and modern customer toilets.
HOUSE The owner’s accommodation is located to the rear and completely detached from the main bar premises. It is a generously proportioned 2 bed house with large lounge area, kitchen and modern bathroom.
Terms
RATING ASSESSMENT The property is currently assessed with a rateable value of £XXX whilst the owner’s accommodation to the rear is assessed with Council Tax Band “B”. Under the Small Business Bonus Scheme the commercial premises quality for 100% rates remission.
ENERGY PERFORMANCE CERTIFICATE The property has the following ratings: Owner’s Accommodation – “D 56” Licensed Premises – “G 159” A copy of the EPC’s are available upon request.
THE BUSINESS Wellingtons is a long established and popular local venue which has been in the same ownership for 28 years and the owner now wishes to retire. The business is essentially wet sales led and is an award winning Real Ale venue although with a lunchtime food menu. The business has been consistently profitable and is showing increasing levels of turnover there is however scope to further develop trade particularly the food side of the operation. Further information can be provided including accounts details to interested parties after viewing. The house to the rear is a well appointed family home adjacent to the bar although offering privacy to the owner.
Specification
- CONSISTENTLY PROFITABLE BUSINESS WITH INCREASING TURNOVER
- INCLUDES LARGE 2 BED HOUSE
- THE BAR QUALIFIES FOR 100% RATES REMISSION UNDER THE SMALL BUSINESS BONUS SCHEME
- SALE DUE TO CURRENT OWNER’S RETIREMENT
- OFFERS OVER £XXX