1. Property photo 1 of 9 Central Bar
  2. Property photo 2 of 9
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Offers in region of

£240,000

Pub/bar for sale
Victoria Street, Newton Stewart DG8

    Business
    Added on 03/11/2023

    About this property

      Newton Stewart is a small market town set on the banks of the River Cree and surrounded by the rolling Galloway Hills. Named after its founder, William Stewart, son of the Earl of Galloway, the town has a rich history and a strong sense of local character. Popular with hill walkers and mountain bikers, Newton Stewart lies close to Galloway Forest Park and is often referred to as the “Gateway to the Galloway Hills.” Visitors can enjoy a great selection of independent shops, accommodation, and welcoming places to eat and drink.

      An outstanding opportunity to acquire a well-established and thriving bar with excellent scope for further development. The Central Bar occupies a highly visible and prominent corner position on Victoria Street in the popular market town of Newton Stewart. The business enjoys a strong and loyal local customer base, complemented by consistent tourist trade, reflecting the area’s popularity as a visitor destination. Its prime location, solid reputation, and established trading history provide a robust platform for continued success and future growth.
      The property also benefits from spacious three-bedroom owner’s accommodation, making it an ideal opportunity for owner-occupiers seeking a business with on-site living.

      Public bar and function room

      EPC = G

      Rateable Valuation - £8,700

      Public Bar - 12.00m x 4.62m

      Pool Room - 6.85m x 5.27m

      Kitchen Area - 2.83m x 2.71m

      Men's Facilities - 6.35m x 0.94m

      Ladies Facilities - 4.12m x 2.27m

      Store Room - 1.68m x 1.10m

      Function Room - 14.73m x 5.99m

      Gents Facilities - 4.14m x 2.12m

      owners accommodation

      Council Tax Band: B

      Tenure: Freehold

      EPC Energy Efficiency Rating: E

      EPC Environmental Impact Rating: E

      ground floor accommodation

      Hardwood entrance door. Stairs to accommodation. Radiator.

      First floor accommodation

      Hall - 4.62m x 1.58m
      Access to first floor accommodation. Radiator.

      Lounge - 7.46m x 3.07m
      Bright and spacious lounge with north-east and south-east facing windows. Two radiators.

      Kitchen - 3.73m x 3.07m
      Fitted with a good range of wall and base units, inset stainless-steel sink with drainer and tiled splashbacks. Space for a freestanding cooker and plumbing for a washing machine. Radiator.

      Bedroom 1 -; 4.00m x 3.60m
      North-east facing window. Radiator.

      Bathroom - 3.60m x 2.80m
      Partially tiled and fitted with a coloured suite comprising WC, wash-hand basin and corner bath with shower over. Built-in cupboard.

      Second floor accommodation

      Bedroom 2 - 4.20m x 3.60m
      Attractive east-facing bay window. Built-in storage cupboard. Radiator.

      Bedroom 3 - 3.65m x 3.60m
      East-facing window. Eaves storage cupboard and additional built-in cupboard. Radiator.
      Services

      Mains supplies of water, gas and electricity. The property is connected to the mains drainage system.
      Note

      Genuinely interested parties should note their interest with the Selling Agents in case a closing date for offers is fixed. However, the vendor reserves the right to sell the property without the setting of a closing date should an acceptable offer be received.

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      Monthly repayment

      £1,200 per month

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