This business is marketed by
CCL Group LTD View more business for sale by this agent
A fantastic opportunity has arisen to purchase a delightful and comfortable village style pub close to the center of the bustling coastal town of Inverbervie in Montrose. The Queens Arms has been owned by the current proprietors since 2007 who have fully refurbished the public areas with the main bar area being extended and new fixtures and fittings throughout. The accommodation on the upper floors, currently used entirely by the owners, could be used for a number of letting rooms. The business has a very steady trade throughout the year. It is an easily managed business and would ideally suit a couple looking to own and run their own business within the licensed trade.
Delightful coastal town
Fully licensed public bar
Free of ties
4 Bed owner’s accommodation
Local customer base
Refurbished current owners
Amazing lifestyle business opportunity
EBITDA circa £40,000 (over 3 years)
Offers Over £250,000
The Queens Arms is a delightful pub occupying a central location in the charming coastal town of Inverbervie, approximately 11 miles south of Stonehaven and within easy commuting distance of both Aberdeen and Montrose. The town is well served by shops, a leisure centre and medical centre. Primary schooling is available locally while secondary education is available at Mackie Academy in Stonehaven or at Mearns Academy in Laurencekirk. The town is an excellent base for tourists to explore this magnificent region of Scotland including either the beautiful coastline of the north east or the splendor of Royal Deeside. There are pleasant walks along the beach from Inverbervie to Gourdon and southwards. The Queens Arms is surrounded by a good mix of residential and commercial properties.
The Queens Arms is a profitable bar that has preserved a local village pub atmosphere and maintains a strong regular trade from an established customer base. It has strong year round trade and its income is derived wholly from wet sales. There is scope to increase turnover by branching into catering. The large kitchen is located to the rear of the ground floor. Depending on the circumstances of the new owners a number of letting rooms could be utilised on the upper floors.
Run to suit the vendor’s lifestyle the bar operates Mon-Thurs 3 pm – 12 midnight; Fri 3 pm – 1 am, Sat 11 am – 1 am and Sun 12.30 pm - 12 midnight. The business is run by one owner and 3 Part Time members of staff.
This sale presents an excellent opportunity for new owners to commence with immediate trading of a profitable and well run business while establishing their own reputation. Revenue could easily be increased by extending opening hours, introducing a catering element or using some of the bedrooms as letting rooms.
The property is a traditional stoned built terraced property which has been maintained to a high standard and presented in a traditional fashion with a décor that creates a warm and homely feel. Presented over three floors, all public areas together with kitchen, beer and drinks storage facilities and office are located on the ground floor while the 4 bed owner’s accommodation utilises the first and second floor. The Queens Arms is offered for sale in excellent condition throughout and ready to commence immediate trading.
Entering the building via the main door off King Street and into the main bar area which is licensed for 78 persons. The bar is located to the right hand side of the property. A door at the side of the bar provides access to the office, large dining kitchen and store area. A door to the rear of the bar provides access to the public toilets and a private door which leads the owner’s accommodation.
A stairs leads to the first floor. At the half landing there is a toilet and shower room. On the first floor from the main landing to the left is a well-proportioned living room, to the right are 2 good sized bedrooms. A small room to the front of the building is currently unused but could easily be converted to a private kitchen or en-suite bathroom.
A stairs to the upper floor, with a bathroom at the half landing, leads to two additional bedrooms. Both with coved ceilings and dormers overlooking the front.
This traditional stone building sits on Kings Street with ample on street parking nearby. To the rear of the property, and accessed from either the bar area or kitchen is the garden which includes a patio beer garden and smokers area. There is ample storage and a drying area.
The property is well located to attract passing trade.
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Pubs and Hotel Property