£229,995 Guide Price
Fantastic opportunity to purchase this substantial former Inn which is situated on the High Street, Lilliesleaf. The property has operated as an inn for over one hundred years and was fully refurbished to a very high standard in 2016 including all new services in and out of the building.
The ground floor comprises of sizeable kitchen with separate storage and wash area, outside undercover storage and lockable cellar facilities, all with external delivery access, cosy dine in bar area with facility for seating 20, separate restaurant dining area with facility for seating 40, both with under floor heating and wood burning stoves, w/c servicing bar and separate w/c, including disabled and baby change for restaurant dining. First floor comprises four generous double bedrooms all with en-suite shower rooms, guest lounge with kitchenette including under sink boiling water unit, private guest access via side door.
External elevated beer garden with view to rural surrounds including the Eildon Hills and “ready for landscape” garden to rear of property with additional access via side lane. The property operated for 3 years as a bar and restaurant and accommodation the last year of trading. The business closed due to ill health and is being offered for its potential and therefore no records of trading will be available. It would ideally operate as a licensed B&B due to its isolated location but has the potential as a restaurant as well.
The premises is currently zoned non domestic tax rated with minus 100% Small Business Bonus. In addition to the above, the premises could easily be converted into a residential property and has received a pre-planning application approval to do same, pending conditions being met. A separate parcel of land opposite the premises could be purchased by separate negotiation and used for a car park. This property offers massive potential for the right buyer so arrange a viewing now to be sure not to miss out
Lilliesleaf is an attractive village in the heart of the Scottish Borders. The surrounding countryside is very pretty, with rolling farmland and superb views. The village enjoys a genuine sense of community with a well-regarded primary school, village hall, a coffee shop and a golf course. It is 7 miles from the pretty town of Melrose with its specialist independent shops, resting on the banks of the River Tweed and well known for its historic Abbey, the Melrose Sevens and the Borders Book Festival. The main shopping centre is Galashiels (11 miles) which has a good range of professional services and a choice of supermarkets.
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