NEW DEADLINE FOR OFFERS - Friday 22nd February 2019 at 5pm - Submit an offer now >>
Immaculately Presented Bar & Restaurant With 4 Ensuite Rooms & Owners Accommodation Located in Milton of Balgonie, Fife. *** DISCOUNTED FOR AUCTION SALE ***
- Property is offered in excellent condition and is read to trade immediately. Superb opportunity for an owner/operator. ^^^ PROPERTY OFFERED IN WALK IN CONDITION - READY TO HIT THE GROUND RUNNING ^^^
- Freehold Sale - The premises are split over two storeys. Internally, the property is of modern design and layout providing well-presented trading areas.
- Benefits Include: 4 letting bedrooms (3 ensuite/1 has use of shower room), Separate owners¡ apartment and Large car park to front and side.
- Located on in the middle of the Main street of Milton of Balgonie it is place expertly to benefit from high trade.
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Full Details:The property is a large stone built property lying under a semi-pitched roof with extensions to the rear. The public accommodation is on ground floor whilst the letting bedrooms and owners accommodation are on the first floor level. Main entry to the business is via the front (street) as well as a separate entry for the business and the private accommodation at the side. The bar and restaurant are mainly accessed from the front of the property although there is a separate access at the side. The front access is via an entrance vestibule which leads into a faultlessly presented bar and restaurant. Our clients have invested wisely and heavily into the cosmetic appearance of the property as well as the underlying structure and back of house areas of the business to create a business that is in true walk-in condition. The bar & restaurant has a very flexible capacity and at the moment can comfortably cater for 60. To the right hand side as you enter there is a very well presented bar with feature gantry behind as well as bar stools and high tables in front of the bar. This area is currently styled with a striking monochrome effect. Ladies, gents and disabled toilets with baby changing facilities are well located off the main bar restaurant area.
What is a Guide Price...Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.
Bid Now Explained...You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Map & Location:
The village of Milton Balgonie is situated 2 miles east of Glenrothes, close to the larger villages of Markinch, Coaltown of Balgonie and Windygates. The larger town of Glenrothes is one of the five designated New Towns of Scotland and home to a population of approximately 50,000 including the residents of nearby Leslie, Thornton and Markinch. To the east of Milton of Balgonie lies the Levenmouth area offering easy access to the East Neuk of Fife which contains the attractive fishing villages of Pittenweem and Anstruther as well as the home of golf at St. Andrews. Additionally, this part of central Fife is also served well with the main motorway network. The A92 lies approximately one mile from Milton of Balgonie which then connects with the motorway network offering easy access to Dundee, Perth, Edinburgh, Glasgow and Stirling, all of which can be accessed within an hour and 15 minute drive.
Open Viewings Scheduled...
Viewing Times TBC - Check back soon...
Internal Open Viewings...
This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.
External Viewings Anytime...
You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.
19 March 2019
Glasgow Radisson Hotel
301 Argyle Street, G2 8DL
Registration...You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.
Legal Packs...All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.
Deposits...If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:
Deposit Method...Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.
How To Bid:
Offer Now...You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Bid Live in Person...Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.
Bid by Phone Live...If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Download the Telephone Bidders Form
Bid by Proxy... (Ebay Style Highest Bid)
This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...