The subjects comprise extensive former licensed premises arranged over the ground floor of a two storey detached building. Adjacent to the bar is a retail unit which is currently vacant. The first floor comprises four flats which are in separate ownership.
Internally, the property is arranged to provide a public bar with games room off and a function room. There are male and female toilet facilities and completing the property is extensive cellar and storage accommodation.
The gross internal area is circa 2,700 sq ft and the property could be utilised for alternative uses subject to the relevant consent.
The property requires investment/upgrading as it has been vacant for some time.
Location
The property is prominently located on the South side of Main Street in High Blantyre. Blantyre is situated approximately 8 miles Southeast of Glasgow and High Blantyre is on the Southern outskirts of the town.
Main Street forms part of the B7012 road route linking Hamilton to the East with the East Kilbride expressway (A725) to the West.
The surrounding properties are predominantly residential in use and there is unrestricted on street parking to the front of the property.
Accommodation
We would summarise the accommodation as undernoted:-
Ground Floor - Public area with games room off. Function room. Male and female toilets. Cellar and storage accommodation.
Gross internal area approx. 2,700 sq ft.
The above area is approximate and provided for information purposes only.
Terms
RATES - Reference to the Assessor’s website has shown that the subjects are entered in the current Valuation Roll at Rateable Value £30,000.
ENERGY PERFORMANCE CERTIFICATE (EPC) - A copy of the Energy Performance Certificate is available upon request, however, the rating is G.
PRICE - Offers around £80,000 are sought for the property.
LEASE TERMS - Our client would also offer a new lease agreement, the terms of which are open to negotiation.
As would be expected under the terms of a traditional lease, the incoming tenant will be required to demonstrate their ability to fulfil their obligations under the lease, in particular financial obligations, and references will be requested at an early stage, without exception.
Specification
- Extensive public house comprising bar with games area off & function room
- Gross internal area approx. 2,700 sq ft
- Potential for alternative uses (subject to consent)
- Prominent road side location
- Energy Performance Rating Band G
- Guide price £80,000 or rental offers invited for new lease agreement on negotiable terms