For Sale £199,950 - Bar, Hotel, Restaurant
Refurbished and well-presented Bar with 6 letting bedrooms. Currently a wet sales business, formally pub & rooms operation that generated over £70,000 adjusted net profit. Prime roadside position with large car park to the rear. Bar, function rooms, lounge and 6 letting bedrooms. Private 2-bedroom owner’s apartment. Suit family, couple or established operator. Retirement sale after 21 years. Located around 6 miles north of the popular town of Kirkcaldy and only a short drive from the towns of Dunfermline, Leven & Glenrothes and 25 miles north of the city of Edinburgh, the Bowhill Hotel benefits from giving easy access to many popular and some highly populated areas.
Owned by our client for over 21 years, the Bowhill Hotel has seen a healthy level of investment over recent years which have seen upgrading to all the en-suite bedrooms, function room, bar & lounge not to forget the high level of investment into the commercial kitchen. The purpose built property benefits from being cleverly designed and laid out in such a way that with the right systems in place the operation can quite easily be ran by an owner operator or management team. So much so that our client is able to work on a part time basis within the Bowhill Hotel whilst relying on the core staff to operate much of the day to day business and has done so for many successful years. Historically, the majority of income generated at the Bowhill Hotel has come through the bar, function and letting bedrooms with a good number of functions such as private party’s corporate meetings and funerals taking place. However, new owners may wish to consider tapping into lunch time food trade plus golfing and other sporting markets by offering various weekend packages. The area is a haven for walkers, cyclists and golfers with the World famous St Andrews only 26 miles from the Bowhill Hotel. The Bowhill Hotel is now being offered for sale due to our clients wish to retire after 21 years. We believe that the sale of the Bowhill Hotel represents a terrific opportunity for a family, couple or established operator to take over a property that has for many years proven to be highly successful and one that offers great potential.