Waverley Hotel Bonnyrigg
Summary
Exciting refurbishment planned for a great community led pub with eight letting rooms.
Description
What would you do with this pub to make it a success?
The area
We’re investing in transforming the Waverley Hotel in Bonnyrigg, Midlothian, just seven miles from Edinburgh. Located prominently on a main road approaching the centre of Bonnyrigg, and close to Bonnyrigg Rose FC, The Waverley Hotel will offer good quality facilities for both residents and visitors to the area. With new housing developments nearby - younger families are moving in - and over 13,000 people living within a short walk of the pub, the local Customer base is broadening. The pub, once refurbished, will provide an opportunity to create a good quality daytime & evening Bar Food Offer, alongside an exciting range of Drinks. Eight ensuite Letting Bedrooms provide an additional income stream in an area where accommodation is in demand.
The offer
The refurbishment will give the Waverley Hotel a modern, comfortable & welcoming feel, with updated décor and improved lighting. Externally, the refreshed look will boost its kerb appeal. A great value Drinks Offer, with an exciting range of draught beers & ciders, premium spirits & classic wines will be complemented by a selective Menu of Pub Favourites, and regular activities including Televised Sport, Live Entertainment at Weekends, and a Quiz Night. The appeal and opportunity at the Waverley Hotel is enhanced by a spacious Beer Garden with 30+ covers, and the income potential from the eight Letting Bedrooms.
The Waverley Hotel is available on our foundation tenancy agreement. Click here for more information on this agreement.
Upfront cost
£47,746
Cost type:
Upfront
Key facts
Upfront cost
£47,746
Turnover (annual)
£472,412
Rent
£38,983 (annual)
Location
EH19 3BB
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
Message the seller. We’ll forward your details so they can reply directly.