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Abbey Inn

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Ingoing Cost - £ 10000
Rent - £ 14500
Location - Cupar Road, Newburgh, KY14 6EZ
Agreement Types - Tenancy
Private Rooms - 1
Facilities : Beer GardenExternal Drinking AreaCatering KitchenLetting RoomsTeam GamesPool AreaLive EntertainmentRestaurant/Dining

Property Features

Located in the beautiful royal burgh of Newburgh, in Fife, the Abbey inn sits on the main high-street in a highly visible corner site. Located a small hop from the M90, its semi coastal route to Tayport and the Tay bridge is often frequented by tourists and day-trippers alike.  Located on the entrance to the village this corner site has very traditional aesthetics, with a well maintained painted exterior and beer garden, it grabs your attention and will attract plenty of passing trade. The beer gardens front and rear are the perfect place to stop off and to recharge. Internally it has had a small refurbishment that lifts it to modern standards without betraying its history and style. Split into 2 distinct trading areas, allows the operator to drive to revenue streams, coupled with the rooms, this ticks all the boxes for your dream Scottish inn!  A few miles out of town is a whiskey distillery, with tours available and the breath-taking scenery and Tay river are on your doorstep. This is the perfect stopover for travellers exploring Scotland. Locally with 5 miles, hugely significant Scottish history sites sit, including an 11th-century abbey ruin, a battlefield that seen William Wallace, and multiple others. The town itself boasts a strong junior football team, that the Abbey Inn could look to foster links with and a very active sailing club. A 20-30minute drive will have you in the historic town of Perth and the rich Scottish history that it contains. Likewise, 20-30 minutes in the other direction see's you arrive in Dundee the city of Discovery, with its impressive architecture, rich history in print and links to whiskey there is plenty to explore, not to mention the striking V&A museum that opened in 2019 to critical acclaim.  Once inside the area has a small bar area that opens to a larger area towards the back, perfect for large tables or pub games like darts/pool etc. To the right when you enter is the dining room, that offers a more relaxed environment than the bar. On the ground floor, there is a kitchen area ready to offer a village pub menu and bar snacks, the perfect size to deliver quality food and service. The cellar is located in an outhouse. Whilst the male and female toilets along with the bar area have seen recent redecoration On the 3rd floor with we have three double bedrooms all with en-suite and one family room again with en-suite. These rooms are in lettable condition and represent a great opportunity to grow the business. With a small front garden area for drinking and a larger back area ready for conversion to a beer garden/outside dining, the picturesque site grabs your attention. 

Trading Style

Trading wet only just now, this site is primed to dominate the local hospitality market. It possesses all the key features, All that is lacking from this village pub is a focused and driven operator. This site requires a focused and driven operator or partners. Experience in hospitality will be hugely beneficial, as an understanding of marketing and commercial is key for growth. The ideal candidate would have a village pub experience, a driver to grow food sales and the skills to market the offer and rooms to a larger audience.  A focus on community is a must, Nestled in a small village, the abbey inn should be the focal point of local events and celebrations, An operator that can come in and engage with the locals and drive such events would be advantageous.  

Key Financial Information

Please note that the energy performance certificate is available from the landlord. Length of Tenure: TBC Agreement Type: Tenancy Rent: £ TBC Ingoings: £10,000