Established Trading Public House
Free of Tie
Rear Loading Area
Hot Food Consent Applied For
Capable of Division To Form 2 No. Units
Rent: £10,XXX.a.x
Sale: £89,000
Location
The subjects are situated on the South side of Aitchison Street, between its junctions with Sword Street and Queen Victoria Street within the town of Airdrie.
The town of Airdrie lies around 12miles to the East of Glasgow city centre, the town and surrounding area has been subject to ongoing residential development over the years. Airdrie has a resident population in excess of 40,000 and is situated to the North of the recently upgraded M8 motorway, providing a faster road between Glasgow and Edinburgh, benefitting the commuter towns along the route. Neighbouring occupiers include Tesco Express, Lloyd’s Pharmacy, Victoria Gardens Sheltered Housing & Victoria Primary School.
Subjects
The subjects comprise a substantial ground floor public house set within a larger 3 storey mixed use development of traditional construction surmounted by a pitched tile roof.
Benefitting from a double frontage, the subjects are accessed by way of a timber door leading to the open plan bar with centrally located timber bar and recessed gantry. The subjects have been decorated in a traditional style with lighting provided by way of a mixture of halogen spots and pendants throughout. The bar offers space for oche and pool table with the benefit from male and female w.c facilities The bar is serviced by way of a single storey extension to the rear of the demise which comprises the cellar and storage space.
Area
The subjects have been measured on a Net Internal Area basis to offer the following;
Ground: 167.95sqm (1,808sq ft)
NAV/RV
The subjects have been assessed and entered onto the local authority with the following rateable value;
Ground: £5,400
Proposal
The subjects are available on a new full repairing and insuring head lease for £10,XXX.a.x.
Our client would dispose of their freehold interest for £89,000
V.A.T
Prices quoted are exclusive of V.A.T
E.P.C
Available on request
Free of Tie
The subjects benefit from being free of tie
Viewing
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction