The wet led pub operates from a two storey detached property, comprising a large bar area, licensed for 150 people, as well as a pool area and stage for live music performances, which are hosted regularly at the venue. The site also benefits from a seven day 2am license. Over the winter months, the pub also hosts darts and pool teams, providing a local hub for the community with year round trade. Externally, the site also features outdoor seating to the front and side of the pub for up to 50 covers, plus further standing space.
Owner’s accommodation is provided within the first floor of the property in the form of a four bedroom flat with separate kitchen and lounge, ideal for use by the new owner or for a manager to live on the site.
Sitting in a prime location in the centre of the popular seaside town and directly opposite the new Dolphin Square leisure complex, Scally’s experiences high levels of passing trade and footfall, particularly in the busy summer months.
Current owners, Dawn and Kevin Coupe are retiring from the trade and comment, “We are looking forward to our retirement after 26 years of running Scally’s.”
Nicholas Calfe, Director based in Christie & Co’s Bristol office, comments, “This is a fantastic opportunity for a first-time entrant or existing operator to purchase as it is a very profitable pub whilst only trading as a wet led pub, but also offers potential to increase its profitability by introducing a food menu and converting the existing four-bedroom owners accommodation into letting rooms.
“Pubs located in busy tourist towns are highly desirable as they offer strong trade potential in peak seasons and particularly those with a loyal local customer base, such as Scally’s, provide a very profitable investment with consistent revenue.”
Christie & Co is marketing the freehold interest of Scally’s off a guide price of £375,000.