£175,000 + VAT
The Cycle Tavern is located in a prominent position in the heart of the popular small and attractive town of Auchtermuchty in North Fife, close to the border with Perthshire.
The village is situated on the A91, close to the larger towns of Cupar, Glenrothes and Kinross, 10 miles south-east of Perth and 15 miles south-west of Dundee and St Andrews.
The area around Auchtermuchty is well known for golfing with many high quality courses located nearby.
The property is a substantial semi-detached property with pebble dashed external finish lying under a double pitched slate roof with single storey flat roof section to the rear.
No trade information is available. The property previously traded as a traditional public house with a pub food offer.
The property would lend itself to use as a public house as there is only one other pub in the Town - The Boars Head, but it would also be suited to a restaurant operation be that Indian, Italian or another style that isn’t represented in the Town.
Located at this level is the well-presented Public Bar to the right hand side and to the left side, a good sized Lounge Bar/Restaurant, which is over three levels, with high open ceiling voids.
Ancillary areas consist of customer ladies and gents toilets, a good sized but unfitted commercial kitchen, beer cellar and storage areas.
The owners accommodation is located at this level and consists of 2 bedrooms, kitchen, lounge, bathroom and attic storage area.
The fixtures and fittings that remain on the premises at the time of completion will be included in the sale. Any third party owned items, such as beer raising and cellar cooling equipment, branded items, gaming machines etc, will be excluded. An inventory will not be provided. The vendors will not be required to remove any such items that remain on the premises.
The Cycle Tavern is not a listed building and it is in a conservation area.
There is a premises licence in place.
The property is in an area administered by Fife Council. The 2017 Rateable Value has been assessed at £22,500.
The property has an EPC rating of G.
We are informed that the premises benefit from all mains services and gas central heating.
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.
Strictly no approaches to be made to the property direct. For further information please contact:
T: 0141 331 0650
T: 0113 234 0304
Designed & built by Mucky Puddle