Available  

Detached for sale

Inverness, IV1 1LX

IV1 1LX, Academy Street, Inverness, IV1, Inverness

Sale Price: £545,000

Listed 15 days ago and may not be available Listed on 3/27/2015

Inverness, IV1 1LX

Property Summary:

Detached
-- Bed(s)
-- Bath(s)
interested in this property.
 

Property description

The Phoenix Ale House is a most prominent and well-presented property believed to originate from the early 1800s and converted to a bar in the 1890s. The current owner has restored the ground floor aspects of the property to a high standard presenting the business in excellent condition. The property has three floors plus an extensive basement area. The trading elements of the business are all set on the ground floor comprising of a characterful bar and a large restaurant area.

The property is an increasingly popular venue for locals and visitors alike; the bar is open 7 days a week and the business benefits from an increasingly loyal local support plus a growing number of casual visitors and the large number of tourists who visit Inverness.

The Phoenix Ale House has two entrances with a strong visual presence both externally and internally. A most attractive feature of this unit is the Island bar which has remained unchanged for many years and has a terrazzo spittoon. The original features of the bar add character and a degree of nostalgia to what is an excellently presented recreational space.

The restaurant, which is separate from the bar, is an expansive area which presents a versatile trading space that can comfortably seat up to 65 covers. The quality of catering within the Phoenix is quickly developing a fine reputation and is increasingly being seen as a venue for town centre functions.

The vendor purchased the Phoenix Ale House in 2014; it is his desire to draw down on his business interests after 50 years in the hospitality sector that brings this excellent business opportunity to the market.

The Phoenix Ale House is situated in an excellent trading location on Academy Street, one of the key roads dissecting Inverness City centre. The City of Inverness is a vibrant centre of tourism and commerce presenting many opportunities for expanding this hospitality business.

Property Features :

  • Presented in superb condition
  • Three floors and extensive basement area
  • Characterful bar
  • Large restaurant area
  • Excellent trading location
  • Restaurant with up to 65 covers
  • Strong visual presence
  • takes advantage of passing trade