Oceans 11 is a long established and popular town centre bar/diner.
Our clients have owned the business for over 32 years and have reluctantly decided to sell as they now wish to retire.
The business trades from 11am until 12 midnight Monday - Wednesday, 11am until 1am Thursday to Saturday and 12 noon until 12 midnight on Sundays.
Food plays a large part in the turnover with an extensive and varied menu available, accounts will be made available to genuinely interested parties after viewing.
The current owners operate the business essentially under management with around 10 staff employed on a day-to-day basis, full details of the staff complement is available upon request.
Location
The subjects occupy a prominent corner location on the junction of Fowlds Street and Titchfield Street in the heart of Kilmarnock town centre in an area of mixed commercial use. Kilmarnock is the principal settlement in the East Ayrshire Council area with a resident population of around 46,500. The town’s prime pedestrianised shopping area on King Street is a short distance to the north with the property positioned at a busy road junction.
Accommodation
203.9 sq. m, (2,195 sq. ft,)
Terms
Price Offers Over £325,000 are invited. The above price excludes stock which will be valued separately at the date of sale
Rateable Value The property is currently entered in the Valuation Roll as follows: RV £13,800 Partial rates remission may be available to qualifying occupiers under the Small Business Bonus Scheme.
Energy Performance Certificate A copy of the EPC is available upon request.
VAT All prices, rents and premiums, where quoted, are exclusive of VAT.
Prospective purchasers/lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
Legal Costs All prices, rents and premiums, where quoted, are exclusive of VAT.
Prospective purchasers/lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
Specification
- Retirement sale of long established business
- Consistently profitable
- Scope to develop business further
- Partial rate remission available to qualifying occupiers