The Regal is located on the West Main street in the town of Armadale, a town which lies to the west of Bathgate and to the east of Blackridge. Primarily a residential community, the town has a number of different public places, a series of parks, green spaces and nature reserves, many of which lie atop former mines and industrial areas and is popular with walkers who come in search of the spectacular views over the Bathgate hills. Located at the historic crossroads of what were once the main routes from Edinburgh to Glasgow and Bo’ness to Lanark. The M8 motorway is close by, and the recent opening of the Airdrie-Bathgate lines means that it now benefits from four trains an hour to and from Glasgow and Edinburgh.
Pub Layout
The pub is a two storey building on the main high street. The bottom floor is home to the bar and the lounge area with a central bar servicing both rooms. The main bar surrounded by a mixture of fixed and loose seating, complete with high bar stools and steps down to the darts area, along with sofas and TV's to show televised sports providing a relaxed atmosphere the feel. The lounge area is a quiet and relaxed area with low level mixture of fixed and loose seating could have the potential for hosting private events. There is a small seated courtyard area at the rear of the pub with buildings for extra space. The second floor provides is currently in use for a karate school - this is a long term private let.
There is no private accommodation at this site
Annual Rent: £18,000
Security Deposit: £3,000
Working Capital: £1,500
Stock: £2,500
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
This is an exciting opportunity to run a well established pub business. Admiral Taverns are looking to work with experienced licensee’s, someone with local knowledge who can engage with the community, put their own ideas into the business, attract customers from further afield, have a strong marketing plan and have experience in delivering and developing an established business. The desire to grow the business is essential in ensuring it stays part of the towns circuit and can drive footfall. whilst continuing the excellent work of the current licensee’s.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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