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City Centre Bar For Sale , Orchid Bar, 51 Langstane Place, Aberdeen, AB11 6EN

1,976 Sq Ft / Leisure / Pubs/Bars/Clubs

For Sale - £325,000.00

Available - Last updated: 10 September 2024

The subjects comprise a licensed bar located on the lower ground, ground and first floor within a B-listed mid-terraced traditional townhouse constructed of granite under and pitched and slated roof.

Internally the lower ground floor consists of a staff kitchen, storage areas and office, with the ground floor the main bar and first floor occupying male and female toilets. The subjects main entrance is accessible via Langstane Place however is also accessible via Bon Accord Square. The property has been operated as a cocktail bar since 2009 as such benefits from a loyal customer base.
( Agency Pilot Software ref: 53386 )

Location

The subjects are located on South side of Langstane Place, midway between Bon Accord Crescent and Bon Accord Street within the heart of the City Centre. Furthermore, the premises are located a short walking distance from Union Street, which has seen several new developments being constructed providing a wide array of amenity including restaurants, shops, cafes, hotels and bars. The subjects are located within one of the main thoroughfares for hospitality, with several bars and clubs located nearby including Soul Bar, Dusk, The Spiritualist and Paramount Bar

Accommodation

Floor area (GIA) 183.5 sq.m (1,976 sq.ft) approx

Terms

PRICE Offers over £325,000 exc.

TRADE Full accounts can be made available to interested parties after a formal viewing.

RATING The premises are currently entered in the Valuation Roll with a Rateable Value of £46,000 effective from 1 April 2024. The Rate Poundage for 2024/25 is 49.8p. An incoming occupier will have the right to appeal this value.

ENERGY PERFORMANCE CERTIFICATE (EPC): Each building has a current Energy Performance Certificate of D.

V.A.T All prices, rents and premiums quoted are exclusive of any VAT that may be applicable.

ENTRY Immediate, upon completion of legal formalities.

LEGAL COSTS Each party will bear their own legal costs incurred in the transaction. The purchaser will be responsible for any Land and Buildings Transaction Tax (LBTT) and Registration Dues, as appropriate

Specification

• Turnkey bar opportunity
• Located over 3 floors
• Great City Centre location
• Floor area (GIA) 183.5 sq.m (1,976 sq.ft) approx.
• Offers over £325,000 exc

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £325,000.00 NA

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Emma Gilbert

Graham + Sibbald

01224 516286

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