· Located close to Hamilton Town Centre
· Prominent corner roadside position
· Traditional bar premises with function suite and dedicated car parking
· GIA of 559 sq.m (6,017 sq.ft) approx.
· EPC Rating ‘G’
· Offers over £XXX invited
Location
‘The Barleycorn’ is a large, corner positioned public house and function premises occupying a prominent position on Low Waters Road, a busy main thoroughfare to the south of Hamilton Town Centre.
Hamilton is located within South Lanarkshire region and has a population of over 40,000 persons. The town, which is around 12 miles south east of Glasgow, lies just off Junction 3 of M74 and has good road networks to nearby East Kilbride, Motherwell and Bothwell. Hamilton railway station is located a short walk from the subject property.
Accommodation
DESCRIPTION - The subjects comprise a large, corner position public house and function property contained over two floors in a building dating from pre 1900s and of traditional construction. The property has dedicated car park to the rear.
ACCOMMODATION - We would summarise the accommodation as undernoted:-
Ground Floor: Lounge bar, public bar, kitchen, male and female toilets
First Floor: Function suite, kitchen, male and female toilets
Basement: Beer cellar
FLOOR AREA -We calculate the Gross Internal floor area to extend to 559 sq.m (6,017 sq.ft) approx.
Terms
TENANCY DETAILS
The subjects are held by way of a 12 month tenancy agreement expiring 21st January 2016, subject to continuation unless terminated at any time, subject to the tenant being provided with not less than 28 days’ notice.
PRICE
Offers over £XXX are invited for our client’s heritable interest.
VAT
Our clients have elected to wave exemption to VAT and accordingly VAT will be payable on the purchase price.
It may be possible for the transaction to be completed by way of a TOGC, however, interested parties will require to seek their own financial advice in this regard.
BARRELAGE
Our clients advise us that the MAT as at June 2016 was 136 barrels.