The subjects are formed to the south of Main Street within West Kilbride.  Main Street comprises the main retail centre within the village, which is characterised by a mix of properties including local retail facilities, hot food units and other licensed operators.

West Kilbride itself is located within South Ayrshire, a short distance north of the town of Ardrossan and immediately adjacent to Seamill.

The town is accessed via the A78 which forms the main coastal route between Prestwick to the south and Greenock to the north.
    
The subjects comprise a traditional public house premises arranged over the ground and basement floors, formed within a tenement property, being three storeys and attic in height and constructed of solid sandstone, having a pitched and slated roof.  The subjects have been extended to the rear by  means of a single storey brick extension, being rendered and having a flat roof overlaid in felt.

Internally, the subjects are fitted out to a modern standard and comprise public bar, lounge bar/function suite, male and female toilet accommodation and, at basement level, beer cellar/ancillary storage.

We understand that the subjects operate under a full public house licence with opening hours are as follows:-

Monday to Wednesday: 10am – 12 midnight
Thursday to Saturday: 10am – 1am
Sunday:  12.30pm – 12 midnight

We have been provided with turnover figures as well as barrellages in respect of the property.  The subjects operate successfully under the current licence holder with trading figures being in line with market expectations. Trading information can be made available to interested parties, upon written request via the Sole Selling Agent.

The subjects are let for a period of three years from 9 October 2006.  The current rent passing is £24,000 per annum, payable monthly in advance.  There is a joint repairing obligation in respect of the upkeep and maintenance of the building and there is also a rolling six month tenant’s break option incorporated within the lease documentation.
 
Given the flexible lease arrangement, there is opportunity for an investor/purchaser to acquire the premises and, upon expiry of the lease, operate the establishment.

Alternatively, there is the opportunity to re-structure the lease with the existing tenants to improve the security of income.