The subjects comprise a fully fitted bar and restaurant forming part of a larger three storey, corner-terraced building. The property is of traditional construction under a pitched and slated roof. The unit has a double frontage with doubleglazed timber casement windows. Further natural daylighting is provided internally by a large double-glazed uPVC skylight. Internally, the property is finished to a good standard and retains many of the building’s original ornate features. There is fixed upholstered seating and leather booths, together with loose table and chairs. A large bar servery has been installed providing ample working space behind. To the rear of the ground floor is a generously proportioned beer cellar.
Location
Dumfries is the principal shopping and administrative centre in the Dumfries and Galloway region of southwest Scotland, with a population of around 37,500. The town lies approximately 75 miles south of Glasgow, 34 miles northwest of Carlisle and is bypassed by the A75 trunk road. The town’s retail catchment includes other nearby towns and villages, together with the surrounding rural hinterland. The area also draws in significant tourist trade during the spring and summer months. The subjects are situated on the southern side of English Street, at its junction with Queen Street, which lies on the pedestrianised retailing area extending from Dumfries High Street. The property is located within a popular area for local licensed premises, other nearby pubs include ‘The Barrel’, ‘Dickies’ and ‘Slipstream’. A short distance to the south is ‘The Globe’, which has recently been renovated into a licensed restaurant. The property also enjoys healthy competition from larger establishments such as Belhaven’s ‘The Granary’ and local nightclub ‘Chancers
Accommodation
Ground Floor 484.21 sq m (5,212 sq ft )
First Floor 222.96 sq m (2,400 sq ft )
TOTAL 707.17 sq m (7,612sq ft )
Terms
LEASE TERMS Rental offers around £37,000 per annum are invited for the bar only. Rental offers around £45,000 per annum are invited for the bar and kitchen. The property is available by way of a new lease on a Full Repairing and Insuring (FRI) basis, for a flexible term incorporating a regular review pattern. Incentives may be available depending on the length of lease.
VALUE ADDED TAX All prices, rents and premiums, where quoted, are stated exclusive of VAT. Prospective tenants are advised to satisfy themselves independently as to the incidence of Value Added Tax.
SERVICES The property is supplied with mains water, gas and electricity. Drainage is assumed to be connected into the main public sewer. Space heating and hot water is provided by a gas fired central heating system.
RATING ASSESSMENT The property currently forms part of a larger hotel premises and therefore the RV will need to be re-assessed prior to tenant entry.
TRADE INFORMATION We understand that the premises is free of supplier tie and that all trade & entertainment fixtures and fittings are owned outright by the landlord. Opening hours are understood to be as follows: • 11:00 – 01:00 (Sunday to Thursday) • 11:00 – 02:00 (Friday to Saturday) We are advised that up to 500 patrons are permitted.
LEGAL COSTS Each party will be responsible for their own legal costs however, in the normal manner, the purchaser will be responsible for LBTT, registration dues and VAT where applicable.
ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: G A copy of the EPC is available on request.
Specification
- FULLY FITTED
- FREE OF SUPPLIER TIE
- GROUND FLOOR BAR & SEATING AREAS
- FIRST FLOOR TOILETS & KITCHEN
- FLEXIBLE LEASE TERMS AVAILABLE
- SCOPE FOR ALTERNATIVE USE