The subjects comprise a public house formed over ground and basement levels with self-contained flat above within a substantial two storey and basement corner property formed in stone and brick walls with pitched and concrete tile roof.
Location
The subjects are located on the junction of Ladywell Road and Society Street within Maybole town centre in an area of mixed commercial and residential use. Maybole is located in the South Ayrshire Council area around 10 miles south of Ayr on the A77 and has a resident population of around 4,750.
Accommodation
Public House 174.87 sq m (1,882sq ft )
Flat 91.50 sq m(985 sq ft )
TOTAL 266.42 sq m(2,867sq ft )
Terms
RATING ASSESSMENT The property is currently entered in the Valuation Roll as follows: Public House RV £9,000 Flat Council Tax Band B 100% rates remission may be available to qualifying occupiers under the Small Business Bonus Scheme.
ENERGY PERFORMANCE CERTIFICATE A copy of the EPC’s are available upon request.
THE BUSINESS High Society is a long established and popular public house which is a family run wet sales led business serving the local population. The Premises Licence permitting trade from 11am until 1am 7 days per week. Levels have increased in recent times reflecting the closure of competing public houses in the town. The owners, who are selling due to retirement, consider there is scope to further develop income and profitability
COSTS Each party will be responsible for their own legal costs incurred in the transaction with the tenant being responsible for tax and registration dues in the normal fashion.
VALUE ADDED TAX All prices, rents and premiums, where quoted, are exclusive of VAT. Prospective purchasers/lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
Specification
- LONG ESTABLISHED AND PROFITABLE BUSINESS
- SCOPE FOR FURTHER DEVELOPMENT
- OWNER’S ACCOMMODATION INCLUDED
- LIMITED LOCAL COMPETITION
- OFFERS OVER £225,000