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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

Thriving community pub in Leven town centre. VAT-Free investment opportunity. McPhails Established 1999. McPhail's is a notable establishment located on North Street in Leven, Scotland.

Licensed Premises offering Lunch, Dinner, Brunch and Drinks. Tenant is paying £600 per week on an unwritten lease agreement. McPhails Re-opened on march 2018 after a big refurbishment

The company is currently enhancing its online presence to better serve its customers in the future. Tenanted Commercial Investment with £31,200 per annum rental income.

Rental income agreed at £31,200 PER ANNUM. Freehold Sale - PRIME INVESTMENT OPPORTUNITY in coastal location close to The Levenmouth Pool and Sports centre. Freehold Commercial Sale.

Leven is a thriving seaside town on the east coast of Fife only 14 miles from St Andrews. Located in East Fife, Leven is also 37 miles from Edinburgh.

Thriving community pub in Leven town centre. VAT-Free investment opportunity. McPhails Bar established 1999. McPhail's is a notable establishment located on North Street in Leven, Scotland. Features mains water and electricity connections. Rateable Value (RV) £30,200 per annum (expected to apply from 01 April 2026 as a result of the rating revaluation). Nil rates payable under small business scheme *subject to operator status. Located in East Fife, Leven is 14 miles from St Andrews and 37 miles from Edinburgh. Leven is the dominant town providing the principal retail provision for the Levenmouth area. The tenant has committed to providing quality service, McPhail's is always ready to assist its patrons with any inquiries or needs. The team is dedicated to ensuring a positive experience for all visitors, reflecting their passion for customer satisfaction. Leven has a resident population of circa 8,850 people (2008) and a wider catchment within the Levenmouth area including the towns of Methil and Buckhaven in excess of 38,000 people.

Leven is a thriving seaside town on the east coast of Fife only 14 miles from St Andrews. Located in East Fife, Leven is also 37 miles from Edinburgh. It is the dominant town providing the principal retail provision for the Levenmouth area, which encapsulates the towns of Leven, Methil and Buckhaven. The Fife area is a popular location for commuters to Edinburgh. From Leven the A915/A92 provides access to the national motorway network and the M90, which leads directly to Edinburgh. Leven is recognised as a popular short-term rental AirBNB location with high tourist influx during the high season. The area features access to some of the world's most famous golfing locations. The town is located between the picturesque fishing villages of the East Neuk and the main towns of Kirkcaldy and Glenrothes. The town centre has good shopping facilities and a busy pedestrianised thoroughfare. These are well served by parking facilities which are within easy walking distance of the town centre. It’s a popular holiday destination with a pleasant promenade and beach. Local attractions include an excellent swimming pool and leisure complex and a variety of golf courses. The woodland valley of Letham Glen and Silverburn Park offer attractive landscaped picnic and recreational areas, perfect for relaxing and enjoying the great outdoors.

Full Address:  McPhails Pub, North Street, Leven, Fife, KY8 4LY

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Map & Location

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Tenancy Details

Type of Agreement: Informal Arrangement
Length: Annual
Rent: £0 per year / £0 per month
Yield: % (approx)
Tenant: Private Individual
Notes: Tenant is paying £600 per week on an unwritten lease agreement. £31,200 per annum.

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Pricing Information & Bidding

Opening Bid: £175,000

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 15 January 2026, 10am-3pm
Type: Timed Online Auction

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