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Modern Bar Area
Late Licence for Bar
Freehold - Leasehold Available on Request
Reference - 45539
Description H20 Bar is a well presented restaurant/bar which has been run by the current proprietor for 11 years. The current proprietor has carried out extensive refurbishment to the entire property and has placed the business on the market due to relocation. The business is presented to a high standard and benefits from much repeat custom. The business trades with pub and takeaway on the ground floor. The business currently trades well but new owners wishing to increase turnover could do this by having longer opening times as currently the business is run to a pace suited to the current owner.
Situation Galashiels is a bustling town in the Scottish borders and is also positioned on the A7 road from Carlisle to Edinburgh. The A7 splits as it runs through Galashiels, forming the one way system surrounding the town centre. Overlooking the junction where the road comes together before heading south to Selkirk is the town's most striking building, the Burgh Chambers.
Building Internal On entering the property from the front entrance, you are welcomed into the reception hallway which provides access to all areas. Through the hallway is the bar area which has 60 covers and is of modern décor, furnished with cushioned booths and pod tables with stool seating. The business also has a takeaway hatch on the ground floor which currently is not trading but is set up for new owners to utilise it.
Building External Front of the property is straight to street with parking available around the property. The property has mains water, gas, drainage and electricity.
Legal The business trades with the benefit of a full license
Accounts Turnover figures are available after a formal viewing has taken place.
Summary H20 Bar offers any potential buyers with a fantastic walk in opportunity in an already well run and profitable business.
Call to Action
Tenure This is Freehold with an option to purchase leasrhold. The vendor is open to offers in the region of £369,995, and open to discuss annual rental. Leasehold and Lease to buy option: Open for negotiation
Viewing Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
For more information about this property, please contact Bruce & Company, EH12 on +44 131 268 9615 * (local rate)
Contact Bruce & Company about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company 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.