£150,000

Pub/bar for sale

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Business

Guide price

£150,000

(£150,000.00/sq. ft)

Pub/bar for sale

Invercauld Road, Braemar AB35

1 sq. ft

Local area information

Property location

Nearby amenities

  • Braemar School 0.1 miles
  • Crathie School 7.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

A hugely impressive highland bar & Restaurant. Central trading location in a sought-after Royal Deeside Tourist hot spot. Fully renovated and refurbished in 2018/19. Located just off A93. Close to Balmoral Castle & Glenshee Ski Resort. Opened for trade in August 2019 with growing levels of impressive turnover. Monopolistic trading position is sought after area. Busy gastro pub trading 7 days per week. 75 internal covers. Large underexploited outdoor terrace (60 covers). Currently run under management. Owners/managers 3 bed flat included in the lease. An outstanding opportunity for motivated buyers. Base Rent £12,000 + 10% of net turnover.

Leasehold Premium £150,000.

The business is situated in the village of Braemar in the Scottish Highlands. Braemar is a very popular tourist location all year with a high peak summer season. The village is located on A93, one on of the main motor routes leading from Perth and the central belt of Scotland into the majestic Highlands. Braemar is a charming and sought after village.

Braemar and the immediate surrounding area is famed for its ongoing links to the Royal Family and of course famed as the favourite holiday destination for the late Queen. Balmoral Castle is less than 10 miles away and the village of Braemar is home to Braemar Gathering every September. The links with the Royal Family as well as closeness of the Ski resorts at Glenshee helps to sustain the business and the village all year.

The business is located in the centre of the village, next to the main car park on the banks of the river Clunie. It has a large open plan bar and restaurant which caters easily for 75 covers. The bar offers a traditional highland fit out with modern and contemporary flashes.

The outside trading area offers new owners the potential to enhance the business further. At present, our clients offer a newly presented beer garden to cater for 60 directly across from the ruins of the 13th Century Kindrochit Castle. New owners may wish to develop this area further with the possibility of erecting a semi-permanent structure on the site of the beer garden and adjoining the building. This would be subject to local authority planning consent. We are advised the landlord may be willing to invest more capital sums for the continued development of the outside area.

One of the most attractive aspects of the business is the sizeable and private flat that accompanies the business. The flat consists of 3 bedrooms, bathroom, living room, kitchen and private terrace.

Farquharsons Bar & Kitchen is a superb example of a well-run highland pub offering a warm welcome to many a weary traveller and tourist visiting this special location. The business is run by our clients as well as a full management team.

Since opening in 2019 the business has continued to grow in terms of turnover and the current owner believes there is still significant head room for new operators to grow and enhance the business further.

The property has class 3 consent as well as premises licence.

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  1. Zoopla
  2. Commercial for sale
  3. Aberdeenshire
  4. Ballater
  5. Braemar
  6. Invercauld Road