South Ayrshire coast pub the Red Lion, which is credited as being the place where golf's iconic British Open Championship was born, is available on a freehold basis for £1.1m.
Key facts
Location: Prestwick, South Ayrshire, Scotland
Price: £1.1m
Tenure: Freehold
Wet:dry split: 42:58
Projected annual turnover: £1m
Agent: Colliers International (0141 226 1076)
The pub has a colourful history going back almost 200 years, but the most notable chapter in the venue's history happened in 1851. A group of golf enthusiasts formed a club at the pub, built a golf course nearby and went on to host the first Open Championship at that course in 1860.
More recently the pub has undergone a substantial refurbishment and now boasts a bar, lounge, restaurant, car parking, an outside terrace and owner's accommodation.
The owners who conducted the refurbishment are now selling the property on for £1.1m through Colliers International.
Colliers International's director of licensed and leisure property, Paul Shiells, said: "This pub has certainly got a bit of history attached, and that adds to its appeal. However, it is also important to note that following the work and investment put in by the sellers, it is a thriving and highly desirable licensed business returning substantial sales and bottom line profits.”