FindMyPub.com
No Private Accomodation
FindMyPub.com
Smoking Solution
Property details
The Regal is located on West Main Street in the town of Armadale, a town which lies to the west of Bathgate and to the east of Blackridge. Primarily a residential community, the town has a number of different public places, a series of parks, green spaces, and nature reserves, many of which lie atop former mines and industrial areas and is popular with walkers who come in search of the spectacular views over the Bathgate hills. Located at the historic crossroads of what were once the main routes from Edinburgh to Glasgow and Bo’ness to Lanark. The M8 motorway is close by, and the recent opening of the Airdrie-Bathgate lines means that it now benefits from four trains an hour to and from Glasgow and Edinburgh.
The pub is a two-storey building on the main high street. The bottom floor is home to the bar and the lounge area with a central bar servicing both rooms. The main bar is surrounded by a mixture of fixed and loose seating, complete with high bar stools and steps down to the pool table and darts area, along with TVs to show televised sports that provide the feel of the traditional old man's boozer. The lounge area is a quiet and relaxed area with a low-level mixture of fixed and loose seating that could have the potential for hosting private events.
There is a small seated courtyard area at the rear of the pub with buildings for extra space. The second floor provides is currently in use for a karate school - this is a long-term private let.
There is no private accommodation at this site
FindMyPub.com
Team Games
FindMyPub.com
Pool Area
FindMyPub.com
Live Entertainment
FindMyPub.com
Experienced Operator
Trading style
This community local provides a strong established day-to-day trade with a traditional community boozer feel. There is an opportunity to build on the existing offer throughout the week with entertainment built around the current offer of live sports being shown throughout the season and live music to encourage younger people to use the facilities. Team sports – darts, pool, and dominoes are a prominent feature here, and encouraging this will continue to be vital to trade. Although currently 100% wet let there is scope to introduce a back bar food offering with a possible pizza oven on the bar.
This is an exciting opportunity to run a well-established pub business. The landlords are looking to work with an experienced licensee, someone with local knowledge who can engage with the community, put their own ideas into the business, attract customers from further afield, have a strong marketing plan, and have experience in delivering and developing an established business. The desire to grow the business is essential in ensuring it stays part of the town's circuit and can drive footfall. whilst continuing the excellent work of the current licensees.
Key financials
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Reference Number:
IU3WDL / P03789
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,000.00
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Annual Rent:
£18,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £18,000
Security Deposit: £3,000
Working Capital: £1,500
Stock: £2,500
F&F: TBC – funding options may be available for the right licensee.