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Pub Restaurant Opportunity For Sale, Whitehills Farm, 2 Scholars Gate, East Kilbride, G75 9DN

6,238 Sq Ft / Leisure / Pubs/Bars/Clubs

Withdrawn - Last updated: 08 June 2022

Whitehills Farm comprises a traditional farmhouse style public house and restaurant, which has a conservatory extension and car parking within a courtyard shared with adjacent restaurant premises. The property has a separately accessed large beer garden and children’s play area.

The accommodation comprises a lounge bar/main restaurant, conservatory/lounge, public bar, male, female and disabled toilets, beer cellar and kitchen all as shown on the indicative layout plan.

There are two residential apartments at attic floor level suitable as owners accommodation and potentially private letting. There is also an adjacent, externally accessed store area.

Location

Whitehills Farm is located within the Whitehills area of East Kilbride, around one mile south of East Kilbride Town Centre close to the larger residential area known as Greenhills.

Scholars Gate is a mixed commercial and residential street lying a short distance south of Stroud Road, a main thoroughfare within the town.

Accommodation

According to our measurements we calculate the subjects have a Gross Internal Area of 579.56 sq.m (6,238 sq.ft) approx.

PLANNING - Parties should make their own detailed enquiries concerning planning/change of use to South Lanarkshire Planning Department (Tel: 0303 123 1015). 

Terms

TRADE INVENTORY - The asking price will include the trade inventory.

RATES - Reference to the assessors website has shown that the subjects are entered in the current Valuation Roll with a Rateable Value of £34,500. Flat 1 has a Council Tax Banding of C and Flat 2 has an A Banding.

EPC - The Energy Performance rating is ‘G’.

TENANCY DETAILS - Although currently occupied and trading, the public house will be sold with vacant possession.

PRICE - Offers over £275,000 are invited for our clients’ 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.

LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction. 

Specification

  • Farmhouse style property with substantial beer garden.
  • Bar and restaurant of 580 sq.m (6,238 sq.ft) approx.
  • Potential for redevelopment, subject to consent.
  • Two attic flats included.
  • EPC Band Rating G.
  • OFFERS OVER £275,000


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