Pub/bar for sale in North Street, Leven, Fife KY8

Fixed price £15,000 (£10/sq. ft)
1,500 sq. ft*
Interested in this property? Call +44 131 268 8358 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business for sale - leasehold premises.

Large public bar. Function room/second bar area to rear. Lock-up premises. An excellent opportunity.

McPhails public house occupies a prominent trading position on North Street which is situated close to the pedestrianised High Street in what is regarded as the busy licensed trade section within the town centre. McPhails is located close to the only nightclub premises in this part of Fife and the opening of the nightclub has positively affected the trade of the vast majority of the public houses in the town centre/licensing circuit.

The property occupies the ground floor of a large stone built property lying under a pitched and slate roof with a flat roof extension to the rear. Main access to the property is via a doorway and entrance vestibule leading into the main bar at the front of the property. The unit is located all on one level and is a lock-up.

We are advised that the current tenants do not offer food and this is a real avenue of opportunity for new tenants. Under previous ownership, the business was renowned for its good quality pub food.

The availability of McPhails Public House represents an excellent opportunity for a motivated purchaser to acquire a historically well performing business with a real opportunity to increase turnover and profitability.

The business benefits from an excellent trading location located in the busy licensing circuit in the heart of Leven and situated close to the only nightclub premises within a 10 mile radius.

The business will be offered for sale on an initial 3 year full repairing and insuring lease. This lease will have the option to extend. Rent is £35,000 per annum. Tenants will be entitled to a 50:50 split on barrelage discount income.

Note: Internal size has been estimated. Interested parties will require to satisfy themselves as to the actual square footage of the premises.

Property info

Nearby transport

  • Markinch (5.2 miles)
  • Glenrothes with Thornton (6.0 miles)
  • Springfield (7.2 miles)
  • Edinburgh Airport (22.2 miles)
  • Glasgow Airport (59.8 miles)
  • Aberdeen Airport (76.0 miles)
  • Lochleven Castle Ferry Landing (15.2 miles)
  • Kinross Ferry Landing (15.8 miles)
  • Inchcolm Island Ferry Landing (16.4 miles)

Nearby schools

View all schools in Fife
  • Parkhill Primary School (0.1 miles)
  • St Agatha's R C Primary (0.7 miles)
  • Mountfleurie Primary School (0.7 miles)
  • Kirkland High School & Community College (1.1 miles)
  • Buckhaven High School (1.8 miles)
  • Levenmouth Support Centre (2.2 miles)
  • Hyndhead School (1.8 miles)
  • Alternative Education Support Centre (2.2 miles)
  • John Fergus School (6.9 miles)
Note: Distance is shown as a straight line measurement

Local info for Fife

About the neighbours in KY8

* Sizes listed are approximate. Please contact the agent to confirm actual size.

For more information about this property, please contact
Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)

Contact Cornerstone Business Agents about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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