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TOWN CENTRE PUBLIC HOUSE - AVAILABLE FOR FIRST TIME IN 25YRS DUE TO RETIREMENT

For sale: POA|To rent: ROA|Pubs/Bars/Clubs, Licensed & Leisure

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
ADDRESSParsonage Bar, 47 Crossgate, Cupar, Fife, KY15 5AS
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENURETo Let, For Sale Freehold
POSTED ON25th March 2021

DESCRIPTION

Prominent Position
Established Trading Unit
Available Due To Retirement
Free of Tie
Rates Exempt
Rent: £17,500p.a.
Sale: P.O.A.

Location

The county town of Cupar is situated in north-east Fife close to both St. Andrews and Dundee. The town also acts a large centre for the outlying rural areas of north-east Fife and is approximately an hours drive north of Edinburgh. Other centres located close by include Perth as well as the larger Fife towns of Leven, Glenrothes and Kirkcaldy.
The town also benefits from its closeness to St. Andrews with its world famous golf courses and University.
Cupar has excellent communication links with central Scotland and beyond with a main line train station on the East Coast Line as well as reasonable proximity to the M90 motorway which connects Edinburgh to Perth and beyond.
The Parsonage Bar enjoys a very prominent trading position on Crossgate, the central street in Cupar town centre. This is an excellent location to serve the local community as well as tourists and visitors to the area.


Property

The business occupies the ground floor of a Victorian tenement style building. This is a lock-up establishment with single door public access at the front.

Main entry is via a doorway at the front of the property which leads into the main bar area. The public bar is presented to a very attractive and authentic standard utilising many traditional features including dark stained wood panelled walls, attractive bar gantry, tiled flooring and fitted timber and fabric banquette seating.

The Parsonage Bar oozes very traditional charm, this is also augmented by attractive stained glass motifs in the front window. Additional seating is provided by way of bar stools as well as half-bar stools arranged around timber bar tables.
The central bar dominates the public bar space with attractive gantry behind.
Entertainment is provided by way of TV, dart board and gaming machine.
Service areas in the business include ladies & gents toilets as well as beer cellar.

NAV/RV

The property has been assessed and entered onto the valuation roll with the following NAV/RV

£11,600

The property qualifies for rates exemption under the small business bonus scheme

Rent

The property is available on a new full repairing and insuring head lease for a negotiable term for £15,500p.a.

Sale

Our client would dispose of their freehold interest, price on request

V.A.T.

Figures quoted are exclusive of V.A.T.

E.P.C.

A copy of the E.P.C. will be made available for any interested party

Title

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.

LOCATION

Location: Parsonage Bar, 47 Crossgate, Cupar, Fife, KY15 5AS

Cupar (0.1 miles)

Springfield (2.2 miles)

Ladybank (5.3 miles)

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