The subjects comprise a traditional village public house within an attractive detached two storey building of brick and stone construction with a pitched concrete tiled roof. The property has been extended to the side and rear in a variety of single storey projections.
At ground level the subjects comprise the main lounge bar with ancillary toilets, kitchen and storage accommodation. There is an externally accessed store which contains the gas central heating boiler.
The first floor, which is accessed externally from the rear, provides a proprietor’s flat with accommodation of a living room, two bedrooms, a kitchen and shower room. There are beer garden/smoking terrace areas to the rear and front of the building as well as car parking to the front and side of the property.
Location
The subjects are situated on the north side of Glasgow Road which is the main A81 road route which runs from the popular Glasgow suburbs of Bearsden and Milngavie northwards to Killearn, Aberfoyle and Stirlingshire.
Blanefield, and adjoining Strathblane, are popular commuter villages, located approximately 10 miles north of Glasgow. The surrounding residential properties are predominantly of good quality and low density. Mugdock Country Park and associated visitor centre are located nearby and this is a popular destination for tourist visitors. Strathblane and Blanefield contain the usual range of village amenities including convenience shopping although a wider range of retail amenities, including large Tesco and Waitrose Supermarkets, are contained in nearby Milngavie which is approximately 5 miles distant.
Accommodation
According to our measurements we calculate the subject to extend to a Net Internal floor area of 92 sq.m (993 sq.ft.) excluding the external store/boiler house which extends to approximately 9.56 sq.m. (103 sq.ft.).
Terms
TRADE INVENTORY - The asking price will include the trade inventory.
RATING ASSESSMENT - From reference to the Scottish Assessor’s Department website, the public house premises are entered in the Valuation Roll with a Rateable Value of £8,300.
The flat has a Council Tax band of C.
ENERGY PERFORMANCE CERTIFICATE - A copy of the Energy Performance Certificate (EPC) can be made available on request, or by accessing DM Hall’s website (www.dmhall.co.uk). The Rating is ‘G’
TENANCY DETAILS - The property is let on a tenancy at will between the current owners and the manager, this can be terminated at any time by either party on serving 28 days’ notice to allow vacant possession of the flat and public house.
PRICE - Offers over £200,000 are invited for our client’s heritable interest in the subjects.
VAT - Our clients have elected to waive exemption to VAT and accordingly VAT will be payable on the purchase price. It may be possible for the transaction to complete by way of a TOGC, however, interested parties will require to seek their own financial advice in this regard.
BARRELAGE - Our clients advise that the MAT as at April 2017 was 92 barrels.
LEGAL COSTS - Each party will be responsible for their own legal costs incurred in the transaction.
DATE OF ENTRY - By mutual agreement
Specification
- Situated off the main A81 Milngavie to Aberfoyle road route
- Ground floor bar/restaurant finished to a good standard
- Gross internal area of 92.34 sq.m (993 sq.ft.) approximately
- First floor two bedroom flat
- EPC Rating of ‘G’
- Ancillary parking and rear beer garden area
- Offers over £200,000 invited