Pub/bar for sale in Bank Street, Galashiels TD1

Immaculately presented lock up public house. Highly prominent “main drag” location in town centre. Easily run business, currently run under management. Compact offering allowing effective economic ownership. Walk in condition for new owners. Wet sales only, circa 300 barrels pa. Same owners for last 16 years. Licensed exterior area. Very profitable under management. Would suit hands on owners or “investor” purchase.

Offers over £375,000 + sav.

Galashiels is one of the largest and most important towns in the Scottish Borders. The town lies 33 miles south of Edinburgh city centre on the A7. The A7 is one of the most important routes in the borders linking Edinburgh in the North to Carlisle in the South.

The town has a population of circa 12,500, located close to other Borders towns including Selkirk and Hawick. The town also benefits from the reintroduction of the Borders rail link with an important stop and station in the town close to the high street. The rail link via the Waverley line has reconnected this part of the Borders with a direct, reliable and fast link to Edinburgh city centre.

Galashiels is a thriving commercial hub and great location for exploring the rest of the Borders.

The Auld Mill is a great example of a popular and easily run public house. The premises is offered in immaculate walk in condition for new owners. Our clients have owned the business for 16 years and have continually invested into the property and business.

The subjects enjoy a highly prominent trading location in a very visible location at the southern end of the town centre, forming an integral part of a popular licensed “circuit.”

There is provision for outdoor seating, which is hugely popular especially in Spring and Summer months.

The premises and immediate area to front of the pub is the epi centre for Gala week celebrations. The celebrations in June every year always provide a busy and fruitful trading period for the business.

The Auld Mill trades as a popular wet led public house, specialising in beers, wines and spirits, as well as offering a variety of entertainment to locals and visitors to the area. As the business trades on a wet sales only, the pub reports a very strong barrelage of 300 barrels per annum.

Equally the pub would be an excellent “add on” to an existing licensed trade operator but would also work exceptionally well being run on a hands on basis.