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Popular pub in busy part of South Lanarkshire town is on the market

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A longstanding and popular local pub and restaurant in Hamilton is up for sale.The Peacock and Ivy, which was formerly known as the Tap Room, is on the market for an asking price of £410,000.Sitting near Peacock Cross on the corner junction of the town’s Burnbank Road and Wellhall Road, it’s available on a Freehold basis.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android The popular licensed premises consist of a 68 cover restaurant, the bar, a substantial and fully fitted kitchen, and features modern decor throughout.The pub is free-of-tie and is being marketed by Scottish Business Agency (SBA), it has a rateable value of £22,250.It has been owner-operated for the last 18 months, having previously been run with a management team in place.Turnover and accounting information is available on request.SBA are a director-led business transfer agency specialising in the marketing and sale of businesses in the licensed and hospitality sector across Scotland.For more information visit: https://scottishbusinessagency.co.uk/business/peacock-ivy-hamilton/ * Don't miss the latest headlines from around Lanarkshire.

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