Barley Bree Rest with Rooms, Muthil Sps 2018-06
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FOR SALE BARLEY BREE RESTAURANT WITH ROOMS Offers around 6 WILLOUGHBY STREET, MUTHILL, CRIEFF, PERTHSHIRE, PH5 2AB £650,000 “Freehold” BARLEY BREE RESTAURANT WITH ROOMS, MUTHILL, PERTHSHIRE SUMMARY •Quality Perthshire village inn –––trading as a “Restaurant with Rooms” •Characterful and charming 48 cover restaurant and bbarar •6 ensuite letting bedrooms and 2 bedroom “flat” •Established business –––Profit of c. £140,000 on T/O c. £430,000 (net) INTRODUCTION The attractive village of Muthill nestles in the Ochil foothills The business has built up an excellent reputation through in one of the most delightful areas of Perthshire. With its restaurant and attracts custom from a wide hinterland superb views and surrounded by prosperous farmland and with the sizable communities of Perth and Stirling within close to many fine golf courses and sporting amenities this easy driving out distance. area is one of Scotland’s most popular counties drawing Barley Bree Restaurant with Rooms is ideal for resident visitors from many parts on a regular basis. Lying astride the A822 main road from Stirling, the village benefits proprietors and with the well established and profitable custom the property provides both a good home and directly from a high volume of business and holiday traffic income. and, in addition, being situated only 6 miles from Gleneagles and 3 from the busy town of Crieff, enjoys a steady flow of golfers, sportsmen and tourists year round. In more recent years the village has grown with the addition of new housing with Muthill in easy commuting distance of both Perth and Stirling. Barley Bree Restaurant with Rooms is located in the heart of the village and is an imposing former coaching inn with its origins in Georgian and Victorian periods. The property has been extensively refurbished to create the now well established profitable and quality business providing restaurant and beverage facilities in rooms that have characterful and rustic charm all adding to the appeal of this business. Complimenting this are 6 letting bedrooms ideal to cater to the many discerning visitors to this popular restaurant, as well as regular visitors to this locality. BARLEY BREE RESTAURANT WITH ROOMS, MUTHILL, PERTHSHIRE THE PROPERTY SERVICE AREAS Barley Bree Restaurant with Rooms has its Good size commercial kitchen with wash up origins in the late 18th century but it is the area. Range of stores off the kitchen. Basement traditional Victorian constructions of the 19th cellarage. Boiler room at rear. Office on first century that dominate. Of a traditional floor level. construction, under a slate roof the accommodation is on 3 main levels as follows. OUTSIDE Via an archway from the main street is access to PUBLC AREAS the property’s private car parking located at the From the main street the property’s main rear. Also at the rear is a useful patio terrace. entrance leads into an entrance hallway. To the Plus, beyond the car park is the garden. Laundry right is the Bar, a characterful lounge bar used store accessed from garden. (Note: An adjoining for casual dining with open fireplace, exposed cottage has access over the property’s car park). stone walls and a corner bar servery. To the left of the hallway is the charming Restaurant (48) – 3 interconnected rooms - which exudes a warmth and ambience with its exposed stonework, wooden floors and exposed central two sided wood burning stove. Access from the restaurant to the patio terrace at the rear. LETTING BEDROOMS 6 ensuite letting bedrooms to sleep 13 (5 double rooms, and 1 family rooms). 5 zip & link double beds, 1 standard double bed, all with ensuite facilities (5 shower, 1 bath) and are located on the first floor of the property and are equipped with central heating, Freeview TV and WIFI. OWNER’S FLAT Located on the second floor of the property is a useful and attractive flat for owners comprising spacious living room / kitchen, with dining area, 2 bedrooms and separate bathroom. BARLEY BREE RESTAURANT WITH ROOMS, MUTHILL, PERTHSHIRE LICENCE TO VIEW Premises Licence All appointments to view MUST be made through the vendors’ agents who are acting with sole WEBSITE selling rights. www.barleybree.com 2018 LISTINGS OFFERS STB 4 Gold Star Restaurant with Rooms All offers should be submitted to Colliers SERVICES International with whom purchasers should register interest if they wish to be informed of Perth & Kinross Council (030 33 33 3000). closing dates. Mains electricity, water and drainage are connected. LPG gas option. Heating and hot water from oil fired boiler. TRADE Trading accounts for the year ended 31 st March 2018 shows a total turnover of £429,289 (net of VAT) producing an EBITDA profit of £141,669. Trading accounts will be made available to genuinely interested purchasers, preferably after viewing. PRICE Offers around £650,000 for the heritable feuhold outright ownership (“freehold” equivalent) of the Barley Bree Restaurant with Rooms complete with goodwill and trade contents (according to inventory) but excluding personal items. Stock at Valuation. FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. BARLEY BREE RESTAURANT WITH ROOMS, MUTHILL, PERTHSHIRE BARLEY BREE RESTAURANT WITH ROOMS, MUTHILL, PERTHSHIRE Ground Floor *plans are indicative and not to scale. First Floor BARLEY BREE RESTAURANT WITH ROOMS, MUTHILL, PERTHSHIRE FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Alistair Letham Tel: +44 131 240 7570 Email: [email protected] Colliers International 1 Exchange Crescent DIRECTIONS Conference Square Edinburgh Crieff 3 miles; Gleneagles 6, Stirling 19, Perth 20. EH3 8AN For directions see location map Property Ref: 226236 Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (June 2018) Colliers International is the licensed trading name of Colliers International Business Space UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. www.colliers.com/uk/hotels.