The Braefoot Tavern is a large detached stone built property lying under a pitched and slated roof with extensions to the side and rear. Public house accommodation is on ground floor whilst the owners’ spacious accommodation is accessed by a separate and private entrance at the rear.
THE BUSINESS - The business has been run by our clients for the last 11 years during which time they have completely transformed the business in terms of its physical layout. Our clients own the property but choose to run the business under management as our clients spend a significant amount of the year abroad. It is strongly felt that new hands on owners along with the motivated staff already in place will be able to enhance the turnover and profitability further. At present, the business trades as a very well regarded locals pub offering wet sales only but undertaking significant amounts of entertainment as well as pub sports on a weekly basis. One of the very attractive selling points of this business is the quality of the owners’ accommodation which accompanies the pub. It is very unusual in Scotland to acquire a public house with this standard of owners’ accommodation above.
Location
The village of Kinglassie is situated in the heart of Fife, on the western outskirts of Glenrothes. The village is also located close to Kirkcaldy and the A92 dual carriageway offering easy access to the Levenmouth area to the east as well as the M90 motorway network to the west.
The Braefoot Tavern occupies a dominant trading position in the heart of the village in an excellent trading location to capture passing trade as well as to serve the local community.
The village has a primary school, retail shop, phamarcy and health centre with the Braefoot Tavern acting as the only full-time licensed premise. The village has recently been extended over the last 5 years with around 300 new homes been built on the eastern outskirts of the village.
Accommodation
PUBLIC BAR - The business has been owned by our clients for the last 11 years and in 2009 undertook a full scale refurbishment and redevelopment of the public house to create a very welcoming and spacious lounge bar which has become the focal point of the local community. Main entry is via an entrance vestibule to the front of the property which then leads into a spacious lounge bar area. The main bar is to the left hand side as you enter with a fully stocked gantry behind. The bar area is split over 2 levels with the lower level forming comfortable bench style seating around tables and chairs and bar stools as well as free standing tables to the centre of the bar area. The raised section of the lounge bar houses a pool table, gaming machine, dart board etc. The pub benefits well from satellite tv, pub sports as well as karaoke, live entertainment and quizzes etc. The lounge bar is very neatly presented and is well looked after for our clients’ staff.
SERVICE AREAS - Service areas in the public bar include ladies, gents and disabled toilets, small kitchen area which is not used by our clients but would have enormous potential for new owners for establishing a food trade. In addition, there is a very well equipped fully refurbished and fully refrigerated beer cellar area.
EXTERIOR - There is a small beer garden to the western side of the property.
OWNERS ACCOMMODATION - One of the most attractive aspects of this business is the superb owners house which accompanies the business. The owners house is accessed by a private entrance at the rear with accommodation all on first floor level. Prospective purchasers will find a well decorated and spacious family home which includes cloakroom, storage cupboards, family kitchen, family bathroom, showerroom, large lounge with dining area and 3 bedrooms, one of which is currently utilised as an office. One of the other bedrooms is a master bedroom with full ensuite facilities. The owners house is fitted with modern appliances in both bathrooms as well as the kitchen
Terms
TRADING INFORMATION - Trading accounts will be made available to seriously interested parties after formal viewing.
RATES - According to the Scottish Assessors website www.saa.gov.uk the rateable value is £XXX
SERVICES - We are advised that all mains services are connected.
TENURE - Freehold.
PRICE - The asking price is £XXX to represent the heritable property, goodwill, fixtures and fittings.
Specification
- Well appointed village pub (only one in the village)
- Refurbished and offered to a high standard
- Large single bar operation
- Owned by a husband & wife team but run mostly under management
- Great scope for hands on owners/those who are interested in food
- Outstanding and spacious 3 bedroomed house accompanying the business
- Generous storage areas
- Ladies, gents & disabled toilets with kitchen