For Sale

Well Presented Restaurant and Pub & House in Scenic Location

Lanark, South Lanarkshire

£269,000 +SAV

Ref: 14599 F

Contact sales negotiator

Hannah Hargreaves

01204556311

Email Hannah Hargreaves

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Description

****** FREEHOLD RESTAURANT & PUB BUSINESS WITH A SUBSTANTIAL THREE BEDROOM HOUSE INCLUDED *******

Hilton Smythe are delighted to welcome to the market an opportunity to acquire the truly outstanding The Last Shift Inn Public House and Restaurant business along with modern owners accommodation all on a freehold basis. The business has built up an enviable reputation not just locally but within the industry in general, a true testament to the calibre of business on offer.

The Last Shift Inn operates from an immaculately presented, substantial traditional stone built single story property with a 50 + seater restaurant along with a cosy public bar with lounge area. The business has been under the ownership of our client for the last 9 years and has undergone an extensive programme of refurbishment over the last few years including the introduction of solar panels and is presented in a superb “turn-key” condition.

The business prides itself on delivering the highest quality food cooked fresh to order, along with an exceptional level of customer service in both the restaurant and pub. Where possible the restaurant uses locally sourced produce adding to the overall customer experience.

Along with the business that is offered for sale, there is also owners accommodation available with a modern 3 bed house located to the rear that is again presented in outstanding condition and could be utilised as a bed & breakfast option to complement the restaurant & public house side of the operation.

There is scope to further increase the level of turnover as there is no local competition, therefore, with the introduction of revised opening hours, with opening at lunch times, and introducing some new additions to the menu, along with the undertaking of a modest marketing campaign via local press, radio, social media and promotion of the dedicated website, along with the option to offer B&B accommodation, we feel that turnover could be substantially increased for any potential new owner.

The business has now been placed on the market for sale as it is our clients desire to take a well-earned retirement. A full and extensive training/handover package will be offered by the vendor.

This is an outstanding turn-key business operating on life-style hours which offers a new owner the opportunity to take this already thriving business to the next level. Very rarely do businesses of this calibre with good turnover and short operating hours come to the open market therefore, early viewing must come highly recommended to avoid disappointment.

Tenure

Freehold

We are advised Tenure is offered on a Freehold basis.

Hours

The business operates the following hours:-

Monday 1700 to 23.00
Wednesday 1700 to 23.00
Friday - Sunday 1200 to 23.30

Staff

The business is run and managed by the current owner 1 full time Chef and 2-part time staff members.

Financial Profile

The business reported a turnover of £135,000 per annum.

The business is also currently trading limited hours to suit themselves, this is a huge scope to increase the already healthy turnover.

Location

The Last Shift Inn is located within the quaint village of Braehead, South Lanarkshire on the B7016 between Forth and Carnwath, lying a short distance from the historic market town of Lanark.

Braehead itself sits on the summit of an elevated ridge between the Dippool water on the East and the Mouse Water on the West resulting in a picturesque countryside outlook.

Braehead also benefits from a range of local amenities with primary schools being found close at hand and with secondary schooling at Carluke High School and handy transport links via the school bus service.

In addition, there is easy access to the town of Livingston within 30 mins and less than an hour to the major cities of both Edinburgh & Glasgow.

Premises

The Last Shift Inn is located within a substantial single story stone built premises, immaculately presented and maintained to the very highest standard, entered via ground level into a bright, airy and inviting interior, briefly comprising:-

Public bar & lounge seating area
Well-presented main restaurant area with quality fixtures & fittings along with log burning stove.
Male and Female W/C ‘s

Modern commercial kitchen fully fitted out to a high standard including:-
6 Ring gas hob with double oven
4 x Fryers
1 x Turbo ovens
2x Catering microwaves
Ample stainless steel work surface areas
Hot plate
Ice machine
Dishwasher
Double stainless steel sink area
Various cold storage
Walk-in chiller area located off main kitchen

36 x solar panels that provide free electricity for the business and also provide a source of income through the government solar scheme.

Owners Accommodation
Immaculately presented 3-bedroom house, upper lounge with open plan kitchen area, roof top terrace offering countryside views, Master double bedroom with en-suite, 2 further double bedrooms on the ground floor along with family bathroom.

Off street parking with car park found to the rear of the premises.

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