Current sales average £146,000 per annum approximately
Excellent potential to expand business
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Description The Globe Inn is an extremely well run business that has been owned by the current owners since 1988. The property has been placed on the market due to the current owner’s impending wish to retire from the licensed trade. The business trades throughout the year and has a good following of regular customers.
The Globe Inn is well located on Market Square in the centre of Dumfries, the property occupies an enviable town centre location.
The business operates 7 days a week and comes to market free of tie. Any purchaser would have the opportunity to add food sales to the business, which would greatly increase sales and profits.
Sales Currently sales average £146,000 per annum approximately, with excellent profits in excess of £34,000
Accounts Current records and accounts can be inspected when viewing.
Trading Hours Tuesday- Wednesday 11:00-23:00
Thursday- Sunday 11:00-00:00
Staff The business is managed by the owner, along with part time members of staff.
Building External The front of the property is straight to thestreet. The main entrance is from the front, which in turn leads in to the public bar area. The property is a terraced unit set over the ground and first floor. There is no beer garden.
Building Internal The main entrance is from the front, which leads directly into the public bar. On entry, the bar is located to your left. The bar is of traditional design and timber construction. The bar is well furnished with wooden tables, upholstered stools and bench seating and further benefits from a real coal fire focal point.
Also located on the ground floor, you will find a second lounge. This room is served via a hatch from the bar. The room can be used for club meetings, private parties or small functions. This room is again presented fully equipped and furnished with wooden tables and upholstered chairs.
The first floor is accessed via a staircase from the front entrance. The first-floor lounge is not currently utilised by the current vendor and would offer an excellent function area or potential restaurant. The first floor area benefits from having its own bar and toilets.
Below the ground floor, you will find the basement cellar. The cellar is accessed via a large hatch. Ladies and Gents facilities are located to the rear.
Residential Accommodation There is no owners/managers accommodation included within the sale.
Tenure We are advised that the property is freehold.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary The sale of The Globe Inn offers an excellent opportunity to purchase a very well run, and highly profitable public house. The property benefits from excellent reputation and high profits. A viewing is highly recommended.
Property descriptions and related information displayed on this page are marketing materials provided by Bruce & Company. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bruce & Company for full details and further information.