Traditional Bar, Lounge Bar With Restaurant Potential And Self-catering Cottage By Seperate Negotiation In Ross-shire for Sale
Scotland-Highlands and Islands
Freehold : £ 199,000
Milton Village is situated by Kildary approximately 6 miles north of Invergordon and 7 miles south of Tain. The Village offers its own primary school, village store, community centre and public bar. Secondary school pupils are transported to Invergordon Academy. Invergordon and Tain benefit from a wide selection of shops, local amenities and welfare services. Both towns have good recreational facilities. Other centres of population such as Inverness, Dingwall and Alness are all within commuting distance. Milton Inn sits centrally to this popular village which has a population of circa 600. Recreationally the broader area boasts a number of sandy beaches at Balintore, Portmahomack and Dornoch. There are also a range of top quality golf courses in the area including Tain and the world famous Royal Dornoch. In addition there are a great number of places of general interest. The area is renowned for its sea life and the Firths and coastal areas are home to seals, minke whales and the ever-popular dolphins. Water sports and fishing are highly popular pass times in the region, as are field sports.
The Milton Inn is a charming village hostelry within the community of Milton presenting a sound trading location. This attractive property has many excellent features and the potential to provide a solid income plus an attractive family home. The business trades year-round but on a restricted basis to suit the personal preferences of the current owner. The business has strong local support which generates the bulk of the present income, however, the Inn has a 4 bedrooms which could be used as letting rooms or owner’s accommodation. Within the area there is strong seasonal demand from the large number of tourists who holiday within the region. In addition, there is also a demand for accommodation from the Nigg Construction Yard from time to time plus many of the other business to business requirements. There is obvious potential to develop the trading aspects further in the hands of capable new owners.
The business benefits from a snug public bar and a more relaxed lounge bar which would make a great venue as a family restaurant. Both serveries operate back to back and are fully equipped for all the business needs including chill cabinets and glass washer etc. Customers can choose from a selection of draft and bottled beers, minerals, wines and of course spirits which are conveniently dispensed from a good range of optics. The public bar offers a dart board lane, juke box, TV and gaming machine. The lounge bar is a spacious facility which could accommodate up to 40 diners but currently has a pool table. It also has two darts lanes and the pub supports a local darts team. The business is well-supported by very good service areas including storage, beer cellar and office. There is scope to utilise the kitchen to generate food income with some minor upgrades.
Currently the owner lives away from the premises but owners accommodation includes a large lounge, spacious sunroom, a well-equipped kitchen and 4 bedrooms plus well-appointed family bathroom. The current owner purchased the Inn in 1996 and it is her desire to retire from the hospitality industry that brings this charming property to the market.
The Inn is a 2 storey property with the trading elements being situated on the ground floor and accommodation units on the first floor. The property was built circa 1870 and benefits from partial double glazing.
TRADING / SERVICE AREAS
The public bar has its own access and can comfortably accommodate up to 20 customers, benefiting from a darts board, a juke box, gaming machine and TV. The bar servery is of wood construction and has a good range of beers and spirits. There is a gents W.C. off the bar. The lounge has seating potential for 40 covers and is well-presented with its own bathrooms. The open ceilings provide a character which would suit a dining establishment. The business has a cellar/bottle store, separate spirit store and ample storage.
The grounds surrounding the Milton Inn provide ample guest space plus private owner’s garden which is enclosed. There is an attractive beer garden. The property has a spacious garage plus parking to its front.
There is a self-catering property adjacent to the Inn which is available by separate negotiation or could be rented on a long-term basis. The cottage is set over 2 floors, this 2 double-bedroomed cottage would ideally make outstanding living accommodation for new owners but alternatively provides an easy-to-operate income stream. This self-contained accommodation unit is presented in excellent order, has modern facilities and provides ample room for a small family unit. The accommodation comprises of a lounge/dining room with a solid fuel stove. The kitchen is fully fitted with a wide range of appliances including electric cooker, fridge, freezer, washing machine and microwave oven etc. A bathroom off the ground floor hallway has a power shower, W.C. and wash hand basin. The cottage is fully double glazed and has oil central heating. There are storage cupboards on both floors.
The property benefits from mains electricity, water and drainage. LPG gas is used for cooking and heating and hot water are provided by an oil boiler. The building has a security system. The cottage is fully double glazed and has oil central heating.
The business presently trades:
Monday to Thursday: 5 pm – 11pm
Friday: 5 pm – 1am
Saturday: Midday – 1 am
Sunday: Midday – 11 pm
Generating a modest profit on restricted trading hours there is undoubted scope for new owners who wish to trade the business to its full potential to generate greater income. Trading information will be made available to seriously interested parties post viewing.
The business has a liquor license under the Licensing Scotland Act 2005 and a copy of the operating plan is available to interested parties, which details operating practices.
Offers Over £199,000 are invited for the freehold interest complete with goodwill and trade contents (according to inventory) Stock at Valuation.
The business benefits from the Small Business Bonus Scheme 100% relief.
||Comfortable owners accommodation comprising of a fitted kitchen with rayburn cooker and electric cooker, lounge with gas fire, family bathroom with a corner bath and shower plus 4 bedrooms; one has a fitted shower.