Village Pub / Bar / Restaurant with Commercial Kitchen / Beer Garden with External Seating / 3 Letting Rooms - Falkland, Fife - Available on a To Let / May Sell Basis.
The Bruce Inn is situated immediately opposite Falkland Palace and is on the site of a house first constructed in 1607 and used by the Royal Falconer. The mid-terraced property is of traditional stone construction and set over 3 levels.
The ground floor includes the main public space, a snug bar area to the front with a selection of furniture and a wood burning stove. The toilets are also accessed off this front section.
A small open staircase leadsw up to the rear dining space which includes a compact bar servery, and access to the beer garden and external seating is taken from this area.
To the rear-most section of the ground floor is a commercial kitchen.
The first floor includes 3 letting rooms, one family room with a double and single bed which also benefits from ensuite facilities. There is a large double room with timber panelled floor, and a further single room whch has a private shower room.
The second floor level includes an owner's or manager's apartment which includes lounge, kitchen to the rear, bathroom and 2 double bedrooms.
From High Street there is a pend leading down the side of the property which provides private access to the letting rooms and apartment noted above and also leads to a decked seating area to the side of the pub.
A futher fenced beer garden is provided to the rear.
Location
The Bruce Inn is situated in a central position on High Street within the popular Fife village of Falkland. Enjoying a semi-rural setting, Falkland is famous for its palace and gardens which were built in the early 16th Century and now considered one of Scotland’s finest Renaissance Palaces. The village was also used in the popular Outlander series where it was depicted as 1940’s Inverness.
The village is only an hour’s drive from Edinburgh and less than 20 miles from both Perth and St Andrews. Fife in general is very popular with outdoor enthusiasts, especially golfers, with numerous Championship grade courses available within half an hour’s drive to include; Ladybank, Dumbarnie Links, Kingsbarns and numerous quality courses in St Andrews to include the famous Old Course.
Accommodation
Ground floor split-level public area
Commercial kitchen
Beer garden and external seating
3 letting rooms ( first floor)
Owner’s Apartment - 2 bedrooms, 1 Bathroom
Terms
Opportunity - The previous tenant has recently left and as such vacant possession is available immediately. The owners would consider offers on a leasehold or freehold basis. The Inn is well known locally and within the wider catchment area and would suit an owner-operator to re-establish the business within the popular village setting.
Price:
To Let: Leasehold offers around £25,000 for a new ingoing lease premium.
Annual rent: offers over £31,200 (£600 per week)
Freehold: Offers over £495,000
Rateable Value - The Rateable Value (2023) is £10,400 apportioned £1,600 Residential and £8,800 Commercial. As such the property benefits from 100% Small Business Rates Relief.
EPC - Rating E
Specification
- Unique opportunity to take on a village pub with rooms
- Ground floor split-level public area
- Commercial kitchen
- Beer garden and external seating
- 3 letting rooms at first floor
- 2 bedroom owner's apartment at 2nd floor
- Available on a To Let / May Sell basis