With the commercial property market progressing in its strength, Bruce & Co are continuing their success as the market leading business brokers, having had the best January in 5 years for sold businesses.
So far in 2014, we can see that the demand for businesses in the licensed and leisure sector in Scotland is increasing. Selling 7 businesses already, including five hotels. The sector continues to entice buyers looking for a change in lifestyle.
Sold already by Bruce and Co this year, Glenfarg Hotel offered buyers a unique opportunity to purchase a stunning property located in Perth, it came to the market in February 2013 and following 20 viewings and four offers the business successfully completed its sale on 23rd January.
Pulcinella Restaurant, located in Edinburgh, was snapped up by the buyer after coming to the market in August 2013, the property gained 4 viewings throughout its time on the market, following an offer being accepted at the end of September; the buyer thanked Bruce & Co for ensuring a smooth transaction and helping him to find the perfect business.
Another business sold is Bein Inn; coming to the market in March 2013 and following a great deal of interest due to its fantastic location, an offer was accepted in October with the sale completing early January.
Noticing an increase in activity from potential buyers, and with this great start to the year we can see early signs that the funding market is improving. Vendors are increasingly eager to put their trust in a reputable company to sell their business we are eager to ensure our current and future clients are aware of the hard work and commitment put into selling our businesses.
Jayne Adamson, Sales Manager at Bruce & Co commented on industry trends “We have seen a substantial increase in the activity from potential buyers, this combined with our record start to the year has meant there has been a significant boost in the atmosphere in the office, with everyone looking forward to what 2014 will bring for us.
We are incredibly proud of the successful start to the year we have had, and will maintain our hard work to ensure this continues”
Bruce and Co are delighted to introduce Blackford Village Store to the market, this well established village shop and food takeaway has been under our client’s careful ownership for five years. They have chosen to put the business on the market due to their impending wish to retire.
This bustling and well established village store is a profitable business and is heavily relied upon in the local area. Offering an excellent opportunity to a new owner to take over the reputation our clients have built up, yet it still gives a chance for further growth.
With The Ryder Cup scheduled to be held at nearby Gleneagles in 2014, a new train station and other amenities have been implemented in the area for the event. Blackford Village stores trades successfully and has a healthy turnover, it would ideally suit a family operation and the sale includes a recently refurbished owner’s accommodation.
Bruce and Co are offering the business on a freehold basis at £295,000. If you are interested in the property contact our offices today on 0844 7011 811
Bruce and Co are offering a stunning property to the market, The Chlachain Inn is an extremely well run business situated in the popular tourist destination of Mallaig on the west coast of Scotland.
Mallaig benefits from serving as a port for the small isles and Skye, operating eight ferries per day during the summer. The town is also a stopping point of The Jacobite (Hogwarts Express) steam train, used in the Harry Potter films. The train runs from Fort William to Mallaig twice a day in the summer season which in turn brings 300 passengers twice daily to Mallaig.
The Chlachain Inn is an extremely well run business our clients have placed it on the market due to their wish to relocate. The business trades throughout the year and its quality is reflected in the number of awards it currently holds, such as being rated No.1 in the area for food, it also enjoys excellent reviews on TripAdvisor.
Situated in a traditionally built property, the building itself has been extended and modernised over the years, also undergoing a refurbishment of the bar and guest accommodation the business is decorated to a high standard. The Chlachain inn enjoys much repeat custom particularly due to its excellent location in its own grounds with off street parking, and sitting prominently on Davies Brae the business is just a two minute walk from the harbour and train station.
Bruce and Co are offering the business to the market in truly walk in condition, on a freehold basis at £399,999. If you are interested in this business contact our offices on 0844 7011 811