A restaurant in a historic Scottish town has been brought to the market.

The landlord is offering the "prominent" 54-cover premises on a leasehold basis but would consider a freehold sale option, the agent said.

Cornerstone Business Agents said the Falkirk premises “extend over ground and first floors forming part of a two-storey terrace”, adding: “It remains fitted and equipped, capable of reopening for trade with limited investment.

“The commercial kitchen is spacious and fitted and equipped to a good modern standard.”

The agent also said: “The restaurant occupies a prominent corner position at the junction of Manor Street and Bank Street on the A803, one of the town’s principal arterial routes. The location is on the periphery of the principal town centre, approximately 100m to the north of the High Street.

“Falkirk is regarded as an important business centre within central Scotland and lies midway between Glasgow and Edinburgh. The town benefits from excellent communication links, with the M9 and M876 both within a five-minute drive from the town centre. Falkirk also benefits from two main line railway stations with Falkirk High lying on the main Edinburgh to Glasgow route.”

The town also has a rich history including Roman relics.

The leasehold is offered at a ÂŁ25,000 a year rent and the freehold is ÂŁ300,000.


Aberdeen firm bought out as it marks 50th year in business

One of Aberdeen's "best-known" companies has been passed on to a new generation of leaders.

Four members of the Bon Accord Glass team have staged a management buyout of the firm.

Michelle Kinghorn, Danielle McAnespie, Ian McDonald, and Neil Wilson have taken over the business from Colin Kinghorn and Martin Allan, who between them have 75 years of combined experience at the firm. The deal, which comes as Bon Accord Glass celebrates its 50th year in business, follows an MBO Mr Kinghorn and Martin Allan had themselves sealed to take over the company in 2008.


Budget 2024: Time to make changes to your plans?

This article appears as part of the Money HQ newsletter.

Rachel Reeves has delivered her first Budget as Chancellor, and the first Labour Budget in 14 years. 

It brings some clarity and certainty following many weeks of speculation. The government has had to balance a challenging fiscal situation with a plan to invest in the future and for growth.

The Chancellor has increased taxes by a record £40bn and increased borrowing to £127bn for this tax year.  Alongside the headline changes to minimum wage, fuel duty and increased spending for public services there were several changes that may affect you.