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AUCTION DATE: 17TH OCTOBER 2024 AT 2.30PM, Public House For Sale, Clerkhill Inn, Baylands Crescent, Peterhead, AB42 2YA

6,630 Sq Ft / Leisure / Pubs/Bars/Clubs

Sold - Last updated: 23 October 2024

The subjects comprise a single storey detached public house and function room building, along with car parking and grass site area. The building is of blockwork construction with a flat roof over. The premises can be accessed by the public via three separate front entrances.

Internally, the subjects are split into three separate bar/lounge rooms. Two of the rooms feature a fully fitted bar with ample space for customer seating. The third room has historically been used as a lounge/dancefloor, which also features its own fitted bar section. To the rear of the building there are various facilities which service the site, this includes a fitted kitchen W.C facilities, offices and storage. The property is generally finished the same through internally, featuring flooring which is a mix of carpet and lino. Walls and ceilings are a mix of painted plaster and wood panel fittings. Heating to the premises is by way of gas central heating.

The site which the building sits on extends to approx. 1.7 acres.

Location

The subjects are located within the coastal town of Peterhead, which stands around 33 miles north of Aberdeen and represents one of Aberdeenshire’s principal service and employment centres. The town has a varied economic base with a range of employment opportunities. More specifically the subjects are located on the on the west side of Baylands Crescent which is a short distance from the A90 and A982 leading into Peterhead from the south. The surrounding area features an established residential location approximately 1 mile south of Peterhead town centre. Other commercial occupiers in the vicinity include Clerkhill Pharmacy, Lolli and Pops Ice Cream Shop and New Diners Takeaway.

Accommodation

The below floor areas have been calculated on a Net Internal Floor Area Basis.

Total - 615.95 sq m (6,630 sq ft)

The above-mentioned floor areas are calculated on a Net Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).

Terms

GUIDE PRICE - £80,000

LEGAL COSTS - Each party shall be responsible for their own legal costs associated with the transaction with the ingoing occupier being responsible for any LBTT, registration dues etc.

ENERGY PERFORMANCE CERTIFICATE - Further information and a recommendation report are available to seriously interested parties upon request

FOR SALE BY UNCONDITIONAL ONLINE AUCTION - www.shepherd.co.uk/commercial-auctions
Buyers will be required to pre-register prior to approval of their bid.

DEPOSIT - At the end of the auction, if the reserve price has been met, a 10% deposit will be payable.

RESERVE PRICE - The reserve price is the minimum price for which the property can be sold and is confidential between the auctioneer and the vendor and cannot be disclosed.

If the reserve price isn’t met, the property will remain unsold. You can contact our team and at this point you’ll be able to make an offer which will be referred to the sellers for their consideration

GUIDE PRICE - Properties advertised with a guide price is within 10% above or below the reserve price when a single figure is stated.

If the guide price is a bracket figure, the reserve price cannot exceed the top end of the bracket price.

BUYER FEES - The buyer’s fee is 1.5% plus VAT subject to a minimum of £1,500 plus VAT.

LEGAL PACK - The legal pack is available to view online.

VAT - See legal pack. 

Specification

  • LOCATED IN SCENIC COASTAL TOWN
  • PUBLIC HOUSE SUITABLE FOR REDEVELOPMENT, SUBJECT TO PLANNING
  • SIZE – 615.95 (6,630 SQFT)
  • GUIDE PRICE - £80,000


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