Offers in region of

£150,000

Pub/bar for sale
The Star Inn, 11 Dashwood Square, Newton Stewart DG8

    Added on 10/05/2022

    About this property

      An excellent opportunity to acquire a well-established and popular licensed premises in the heart of Newton Stewart. The Star Inn enjoys a prominent position in Dashwood Square and has developed a loyal local customer base while also attracting significant trade from tourists visiting the area.
      The business is currently operated by a tenant and trades seven days per week. Staffing comprises one full-time and two part-time employees, ensuring the smooth day-to-day running of the operation.
      Trading figures for the past three years demonstrate strong turnover levels and healthy profit margins. Audited accounts are available to genuinely interested parties and can be provided through their solicitor or accountant.
      The property is accessed via the main entrance on Albert Street, leading directly into the public bar area. The spacious open-plan bar extends to approximately 120 square metres and is well equipped with a pool table, jukebox, gaming machine, television, and comfortable seating areas.
      Customer facilities are located to the rear of the premises and include separate ladies' and gentlemen's toilets, together with a dedicated disabled-access toilet.

      Owners' Accommodation
      The property benefits from spacious self-contained owners' accommodation, accessed independently from the licensed premises, making it ideal for owner-operators or management occupation. Arranged over the first and second floors, the accommodation provides comfortable living space comprising a lounge, kitchen, three bedrooms, and shower room.

      First Floor Accommodation

      Entrance Porch - 2.73m x 1.00m
      Accessed via a UPVC double-glazed external door, the entrance porch enjoys natural light from a south-east-facing double-glazed window and provides access to the main hall.

      Hall - 6.40m x 1.70m
      A spacious hallway with a north-west-facing window and staircase leading to the second-floor accommodation.

      Lounge - 6.40m x 3.36m
      A bright and generously proportioned reception room benefiting from dual-aspect windows to the south-east and north-west, providing excellent natural light throughout the day. Radiator.

      Kitchen - 3.70m x 2.53m
      Fitted with a range of wall and base units incorporating work surfaces and an inset stainless-steel sink with drainer. Provision is made for a freestanding gas cooker and washing machine. Additional features include an extractor fan and UPVC external door.

      Bedroom One - 3.78m x 3.65m
      A well-proportioned double bedroom with north-west-facing window, built-in storage cupboard, and radiator.

      Second Floor Accommodation

      A small landing area provides access to the remaining accommodation and includes a useful built-in storage cupboard and radiator.

      Bedroom Two - 3.92m x 3.00m
      Double bedroom with south-east-facing double-glazed window, access to eaves storage, and radiator.

      Bedroom Three - 3.92m x 3.00m
      Further double bedroom with south-east-facing double-glazed window and radiator.

      Shower Room - 1.72m x 1.67m
      Fitted with a WC, wash hand basin, and enclosed shower cubicle with wet-wall panelling and electric shower. Radiator.

      Services
      Mains supplies of water, gas and electricity. The property is connected to the mains drainage system.
      EPC = E and G.

      Council tax
      The owners’ accommodation is in Band B.
      The Rateable Value of the public house is £5,700.

      Viewing
      Strictly by appointment only. Contact the Selling Agents on .

      Offers
      Offers in the region of £150,000 are anticipated and should be made to the Selling Agents.

      Accounts
      Accounts will be made available to genuinely interested parties strictly through their Solicitor or Accountant.
      Note

      Genuinely interested parties should note their interest with the Selling Agents in case a closing date for offers is fixed. However, the vendor reserves the right to sell the property without the setting of a closing date should an acceptable offer be received.

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      Monthly repayment

      £750 per month

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