Old Reid Park Bar, 37/43 West High Street, Forfar, DD8 1BE

The Old Reid Park Bar is a very well presented town centre public house and restaurant. The premises occupy a prominent position on West High Street at one end of the town centre. The premises occupy the ground and first floor of two former town houses with a curved corner frontage all under multi pitched slate covered roof. This gives the premises a unique and quirky feel from the outside and an intimate feel on the inside. There is an open plan multi-level bar area on the ground floor, and on the first floor a 30 cover restaurant and a good sized kitchen.

The business has been recently let out but the Landlord has taken back possession due to the ill health of the Tenant. Historical sales levels show an healthy turnover is possible from the premises, and the Landlord is willing to offer incentives to allow a new Tenant time to establish themselves.

A new 10 year full repairing and insuring lease is offered to the market for a premium of £20,000 and a starting rent of £12,500 per annum. Incentives will be offered for the right Tenant. A quarters rent will be required as a security deposit.

The EPC rating for the premises will be provided on request.

( Agency Pilot Software Ref: 15405 )