Reference - 46970

Description
The Grapes Bar is an extremely well run business that has been owned by the current proprietors since 2005. Since purchasing the business, the current vendor has refurbished the property and added a ‘snug’ lounge and it is now presented in excellent condition. The property has been placed on the market due to the current proprietor’s impending wish to retire from the licenced trade.

The Grapes Bar is well located on Bridge Street in the centre of Stranraer, the property occupies an enviable town centre location.

The Grapes has been voted 2018 camra pub of the year for the fourth time.

The business operates 7 days a week on a wet sale only basis and comes to market free of tie. The pub trades all year round and has a good following of regular customers. Any purchaser would have the opportunity to add food sales to the business, which would greatly increase sales and profits.

Sales
Currently sales average in excess of £200,000 (net of vat) per annum approximately, with excellent profits in excess of £36,000 (ebitda)

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday- Wednesday 11:00 – 23:30
Thursday – Saturday 11:00-00:00
Sunday – 12:30-23:30

Staff
The business is managed by the owner with a mix of full and part time members of staff.

Building Internal
street. The main entrance is from the front, which leads in to the public bar area.

The property is a terraced unit set over the ground and first floors. On entering, the bar is located to the right. The public bar is of traditional décor and design with laminate flooring and feature fireplace.

The bar is well furnished with wooden tables and chairs. Also located on the ground floor is the ‘snug’ lounge. The snug is again well presented and furnished with upholstered bench seating, wooden tables and stools. The snug also gives access to the rear courtyard beer garden.

On the first floor, you will find a lady’s cloakroom and WC to the left. To the right you will find a spacious function suite. The function suite benefits from its own bar, dance floor and is well presented with ample seating and tables.

Residential Accommodation
There is no acccommodation available.

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 Grapes offers an excellent opportunity to purchase a very well run and profitable public house. The business benefits from an excellent reputation. Viewing is highly recommended.