Licensed and Leisure - NovaLoca
Freehold Licensed Public House For SALE Sale LICENSED PUBLIC HOUSE - FOR with Alternative Use Potential 12 NEWBATTLE ROAD NEWTONGRANGE Mayflower DALKEITH EH22 4RL
30-34 Fountain Place Loanhead Midlothian EH20 9DU
• • • •
Excellent business or development opportunity Ideal property for ‘hands on’ owners Good high profile main road corner location Potential alternative restaurant use
Licensed and Leisure
Attached is an Ordnance Survey Extract highlighting the exact location of the subject premises.
Description The Mayflower has a large attractive corner frontage on the ground floor of the tenement building. Internally, the property is laid as a two bar operation with small bar and good sized lounge, together with well fitted out catering kitchen with prep room and small office. Male, female and disabled customer toilets are located on ground floor, with the cellar located in the basement. The premises are in good condition throughout and the kitchen has full kitchen extraction. There is no car parking attached to this property, although there is some on street parking available
Accommodation Bar
Location Loanhead is a small town in Midlothian to the south of Edinburgh and close to Roslin, Dalkeith and Bonnyrigg. It is located just off the main Edinburgh bypass and close to Straiton Retail Park which includes one of only two Ikea stores in Scotland. There is also a fairly large modern industrial estate on the outskirts of the town. The town was originally built round the coal mining, shale mining and paper industries but as with many of the other former coal mining towns in the area, the town has increasingly become a dormitory town for people working in Edinburgh. The population is around 6,900 but on the increase as more housing developments take place. The Mayflower is located on a corner site on the main road leading into Loanhead from Straiton and the Edinburgh bypass. It situated on the ground and basement floors of a traditional sandstone two storey and attic property under a pitched and slated roof. The upper properties are in separate ownership. The surrounding properties are mainly residential.
The bar is entered from its own external entrance doorway on the right hand side of the building on the main road. It is in good condition throughout and fitted out and furnished in traditional style with timber bar and gantry. Seating for around 30 customers is provided by a mixture of upholstered fixed seating and good quality traditional bar furniture. Lounge/Restaurant The main entrance to the lounge/restaurant is on the left hand corner of the building, leading into a good sized room, which like the bar, is fitted out and decorated in traditional style with timber bar and gantry but slightly more contemporary than the bar. Seating is again provided by a mixture of upholstered fixed seating and good quality bar furniture and is currently laid out to accommodate around 50 customers.
Ancillary Areas and Toilets.
The lounge benefits from lots of natural light from the large windows throughout. Artificial lighting is provided by wall lights and pendant lights, supplemented be recessed ceiling spotlights.
The cellar and ancillary storage area is situated in the basement and accessed via a hatch from behind the lounge bar counter.
The catering kitchen which has full extraction is located immediately to the rear of the lounge/restaurant area and is well fitted out with a prep area store adjacent. Also located to the rear of the premises are male, female and disabled toilets. There is also a small office located to the rear of the bar.
Accommodation
The Opportunity
We have measured the Gross Internal Area of the accommodation to be as follows:
The Mayflower represents an ideal opportunity for a new operator to take the reins of an attractive public house which is located on a prominent main road. The premises are attractively decorated and fitted out and with very limited local competition, there is potential to make this a successful food led public house business or even convert into a full restaurant operation.
TOTAL GIA
1,574 sq
146.2 sq m
Rating We have been verbally informed by the Local Assessors Department that the premises have a current rateable value of £13,900.
The property would particularly suit an individual or couple operating as owner occupier with the drive to take the business forward and develop the business to its full potential.
Under the small business rates scheme announced for 2016/2017, properties with a rateable value between £12,000 and £18,000 may qualify for 25% relief on rates payable depending on individual circumstances. Further enquires on potential rates relief are to be made direct with the Local Authority.
Loanhead, along with many other parts of Midlothian has been the subject of recent housing developments and demand for housing in this area could potentially increase further, particularly with the close proximity to the Edinburgh bypass.
Trading Figures
Tenure
The premises are owned by Punch Taverns and have historically been leased out. We are not in receipt of any trade information in relation to the business which can be relied upon by any prospective purchaser.
Outright ownership.
Purchasers therefore are asked to assess their own opinion of likely sales and profitability for the business.
Licence We understand from Punch Taverns that the Mayflower holds a current Premises Licence and further information is available upon request.
Energy Performance Certificate EPC Rating = G Further information or a copy of the certificate is available on request.
Planning We have been advised verbally by the local planning authority that the property has permission for the existing use. We understand that the property sits within a Conservation Area.
Terms The premises are available for sale. Any stock will be additional and payable at date of entry. The premises are available for sale at a price in excess of £175,000.
Legal Costs Each party will be responsible for their own legal costs incurred with the purchaser being responsible for any Land and Buildings Transactional Tax, recording dues and VAT as applicable.
Value Added Tax Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Viewing / Further Information The premises are still occupied therefore viewing is strictly by appointment through the sole selling agent, Ryden LLP . Andrew Macpherson Mobile 07785 951090 [email protected] Date of Publication: October 2016
Location Plans for indicative purposes only
Licensing Plan for indicative purposes only
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
30-34 Fountain Place Loanhead Midlothian EH20 9DU
• • • •
Excellent business or development opportunity Ideal property for ‘hands on’ owners Good high profile main road corner location Potential alternative restaurant use
Licensed and Leisure
Attached is an Ordnance Survey Extract highlighting the exact location of the subject premises.
Description The Mayflower has a large attractive corner frontage on the ground floor of the tenement building. Internally, the property is laid as a two bar operation with small bar and good sized lounge, together with well fitted out catering kitchen with prep room and small office. Male, female and disabled customer toilets are located on ground floor, with the cellar located in the basement. The premises are in good condition throughout and the kitchen has full kitchen extraction. There is no car parking attached to this property, although there is some on street parking available
Accommodation Bar
Location Loanhead is a small town in Midlothian to the south of Edinburgh and close to Roslin, Dalkeith and Bonnyrigg. It is located just off the main Edinburgh bypass and close to Straiton Retail Park which includes one of only two Ikea stores in Scotland. There is also a fairly large modern industrial estate on the outskirts of the town. The town was originally built round the coal mining, shale mining and paper industries but as with many of the other former coal mining towns in the area, the town has increasingly become a dormitory town for people working in Edinburgh. The population is around 6,900 but on the increase as more housing developments take place. The Mayflower is located on a corner site on the main road leading into Loanhead from Straiton and the Edinburgh bypass. It situated on the ground and basement floors of a traditional sandstone two storey and attic property under a pitched and slated roof. The upper properties are in separate ownership. The surrounding properties are mainly residential.
The bar is entered from its own external entrance doorway on the right hand side of the building on the main road. It is in good condition throughout and fitted out and furnished in traditional style with timber bar and gantry. Seating for around 30 customers is provided by a mixture of upholstered fixed seating and good quality traditional bar furniture. Lounge/Restaurant The main entrance to the lounge/restaurant is on the left hand corner of the building, leading into a good sized room, which like the bar, is fitted out and decorated in traditional style with timber bar and gantry but slightly more contemporary than the bar. Seating is again provided by a mixture of upholstered fixed seating and good quality bar furniture and is currently laid out to accommodate around 50 customers.
Ancillary Areas and Toilets.
The lounge benefits from lots of natural light from the large windows throughout. Artificial lighting is provided by wall lights and pendant lights, supplemented be recessed ceiling spotlights.
The cellar and ancillary storage area is situated in the basement and accessed via a hatch from behind the lounge bar counter.
The catering kitchen which has full extraction is located immediately to the rear of the lounge/restaurant area and is well fitted out with a prep area store adjacent. Also located to the rear of the premises are male, female and disabled toilets. There is also a small office located to the rear of the bar.
Accommodation
The Opportunity
We have measured the Gross Internal Area of the accommodation to be as follows:
The Mayflower represents an ideal opportunity for a new operator to take the reins of an attractive public house which is located on a prominent main road. The premises are attractively decorated and fitted out and with very limited local competition, there is potential to make this a successful food led public house business or even convert into a full restaurant operation.
TOTAL GIA
1,574 sq
146.2 sq m
Rating We have been verbally informed by the Local Assessors Department that the premises have a current rateable value of £13,900.
The property would particularly suit an individual or couple operating as owner occupier with the drive to take the business forward and develop the business to its full potential.
Under the small business rates scheme announced for 2016/2017, properties with a rateable value between £12,000 and £18,000 may qualify for 25% relief on rates payable depending on individual circumstances. Further enquires on potential rates relief are to be made direct with the Local Authority.
Loanhead, along with many other parts of Midlothian has been the subject of recent housing developments and demand for housing in this area could potentially increase further, particularly with the close proximity to the Edinburgh bypass.
Trading Figures
Tenure
The premises are owned by Punch Taverns and have historically been leased out. We are not in receipt of any trade information in relation to the business which can be relied upon by any prospective purchaser.
Outright ownership.
Purchasers therefore are asked to assess their own opinion of likely sales and profitability for the business.
Licence We understand from Punch Taverns that the Mayflower holds a current Premises Licence and further information is available upon request.
Energy Performance Certificate EPC Rating = G Further information or a copy of the certificate is available on request.
Planning We have been advised verbally by the local planning authority that the property has permission for the existing use. We understand that the property sits within a Conservation Area.
Terms The premises are available for sale. Any stock will be additional and payable at date of entry. The premises are available for sale at a price in excess of £175,000.
Legal Costs Each party will be responsible for their own legal costs incurred with the purchaser being responsible for any Land and Buildings Transactional Tax, recording dues and VAT as applicable.
Value Added Tax Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Viewing / Further Information The premises are still occupied therefore viewing is strictly by appointment through the sole selling agent, Ryden LLP . Andrew Macpherson Mobile 07785 951090 [email protected] Date of Publication: October 2016
Location Plans for indicative purposes only
Licensing Plan for indicative purposes only
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
