Pub/bar for sale in Bonnybank, Leven KY8
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Property description
Freehold Guide Price £575,000.
The tranquil village of Bonnybank is situated to the north of Kennoway, close to the nearby towns of Leven, Cupar, Glenrothes, Kirkcaldy and St. Andrews. The business is located on the A916 from the town of Kennoway leading to Cupar, St. Andrews and the East Neuk of Fife.
The village of Bonnybank offers an elevated position with the property offering panoramic views to the east and south towards the East Lothian coast and Edinburgh. Although offering a semi-rural location north of Kennoway, within a 15-minute drive there is a population catchment area of approaching 150,000 residents made up from the greater Levenmouth area, Glenrothes, Kirkcaldy and Cupar.
The Bonnybank Inn is a very special business indeed. A hugely popular bar and Mexican restaurant business owned and operated by our clients successfully for the last 5 years. The business has traded as a very successful and renowned Mexican restaurant for the last 15 years in total. Our clients are rightly very proud of the hugely impressive business they have managed to build with an experienced staff team. The business trades with a growing impressive turnover as well as currently being the #1 restaurant on TripAdvisor in the Levenmouth area. Custom is driven from a variety of different sources.
Our clients have invested very heavily into creating two luxury letting apartments. The apartments could easily revert to owners use or continue as very lucrative passive income investments. Each flat is accessed via its own private entrance at the rear.
To the rear of the property there is a well-presented large gravel laid car Park (20), several outdoor lockable sheds and stores as well as a secure and fenced off bin store. There is also a small Monoblock garden area to the front with outdoor benches for circa 30 covers.
The main public areas have been extensively refurbished by our clients since they took ownership. The bar and restaurant are offered in first class, turn-key, walk-in condition. Significant capital has been spent on property future proofing including a new roof and several “unseen” prominent property expenses including electric, heating and plumbing.
At present, the business only trades 5 days a week (closed Monday & Tuesday) and only serves food Wednesday to Friday. Therefore, there is significant opportunity for new motivated owners to open the premises 7 days a week and offer food all day.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.