3 X Public Houses and 3 X Flats – Fife, Scotland

Very strong development opportunity – sale price at freehold value
3 Established Public Houses with 3 Residential flats currently being rented out
The Central Bar – first floor has an office, service kitchen area, large bar and function room with 140 person capacity. Basement laid out as secured storage and ground floor with main public bar, customer toilets, kitchen area, staff area, snug room and other storage areas – offers over £180k
The Shardys bar – has 2 flats above the pub , 1 one bed and the other 2 bed both are occupied and bring in a combined fund of £1080 per month and then you have the running pub with good sales – offers over £165k
The Estuary Bar – Has a large 3 bed room flat above the whole property which is occupied and has a yield of £600 per month with also a running pub with good sales – offers over £165k
Hospitality Businesses Turnover £285k with good profits
Strong Development Opportunity with Closed site
This is rare business opportunity including two well established public houses, with another closed site. The closed site has fantastic opportunities to be re-opened and capture the historic revenues of at least 6k pet week, or alternatively be developed into residential / commercial. Included in these venues are a 3 bedroom flat , 2 bedroom flat and a 1 bedroom flat with excellent rental capabilities (or to be used as owner accommodation). This is a rare business opportunity only coming to market due to the current owners impending retirement and ill health. Ref: 50440