Town Centre Location
Former Bar / Restaurant
Licensed Premises
2,171sq ft
Rates & V.A.T Free
Rent: £17,XXX.a
Sale: P.O.A
Location
The property is situated on the east side of St John Street between its junctions with Muiryhall Street and Main Street within Coatbridge town centre.
Coatbridge is situated approximately 9 miles east of Glasgow City Centre with a population of c44,000 and a catchment population of approximately 570,000 within a 20 minute drive time. Neighbouring occupiers include Funky Monkeys nursery, Drumpark School, Boots, VPZ and Subway.
Property
The property comprises a substantial ground floor former public house. The property has been extended over the years with 2 extensions including conservatory style extension leading to the outdoor garden.
Internally the property is well presented with an open plan seating area at the entrance with a corridor leading to the main bar centrally located within the property along with open plan dance floor, dj booth, w.c facilities, cellar, stores and office.
The property previously benefitted from a full kitchen which has been removed to allow further seating, however the extraction flue remains in situ. The property would lend itself to a bar or with little work, reversion to a restaurant.
Area
201.7sqm (2,171sq ft)
NAV/RV
£11,600
Rent
The property is available on a new full repairing and insuring head lease for a negotiable term for £17,XXXer annum
Sale
The property is available on on a freehold basis, price on request
V.A.T
The property is not elected for V.A.T
E.P.C
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Title
Available on request
A.M.L
In order to comply with anti-money laundering legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time