Bonnybank Inn

• Price: 575000
• Tenure: Freehold
• Business type: Public house

The tranquil village of Bonnybank is situated to the north of Kennoway, close to the nearby towns of Leven, Cupar, Glenrothes, Kirkcaldy and St. Andrews. The business is located on the A916 from the town of Kennoway leading to Cupar, St. Andrews and the East Neuk of Fife.

The village of Bonnybank offers an elevated position with the property offering panoramic views to the east and south towards the East Lothian coast and Edinburgh. Although offering a semi-rural location north of Kennoway, within a 15-minute drive there is a population catchment area of approaching 150,000 residents made up from the greater Levenmouth area, Glenrothes, Kirkcaldy and Cupar.

The Bonnybank Inn is a very special business indeed. A hugely popular bar and Mexican restaurant business owned and operated by our clients successfully for the last 5 years. The business has traded as a very successful and renowned Mexican restaurant for the last 15 years in total. Our clients are rightly very proud of the hugely impressive business they have managed to build with an experienced staff team. The business trades with a growing impressive turnover as well as currently being the #1 restaurant on TripAdvisor in the Levenmouth area. Custom is driven from a variety of different sources.

Our clients have invested very heavily into creating two luxury letting apartments. The apartments could easily revert to owners use or continue as very lucrative passive income investments. Each flat is accessed via its own private entrance at the rear.

To the rear of the property there is a well-presented large gravel laid car Park (20), several outdoor lockable sheds and stores as well as a secure and fenced off bin store. There is also a small Monoblock garden area to the front with outdoor benches for circa 30 covers.

The main public areas have been extensively refurbished by our clients since they took ownership. The bar and restaurant are offered in first class, turn-key, walk-in condition. Significant capital has been spent on property future proofing including a new roof and several “unseen” prominent property expenses including electric, heating and plumbing.

At present, the business only trades 5 days a week (closed Monday & Tuesday) and only serves food Wednesday to Friday. Therefore, there is significant opportunity for new motivated owners to open the premises 7 days a week and offer food all day.

Council tax band: X, Tenure: Freehold,