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Public House To Let/ May Sell, Green Street Lane, 16-18 Vulcan Tavern, Ayr, KA8 8BL

3,062 Sq Ft / Leisure

For Sale

Available - Last updated: 07 February 2019

The subjects comprise a public house occupying the ground floor of a two storey property formed in stone walls with paint and render finish with pitched roof clad in slate and flat roof sections clad in mineral felt or similar. There is a single storey extension to the rear. The subjects comprise the following:

• Public Bar
• Lounge/Games Room
• Store Room
• Cellarage
• Customer Toilets

Location

The subjects are located on the junction of Green Street Lane and Crown Street in the North Harbour district of Ayr, a busy commercial location with surrounding properties being a combination of office and industrial although with residential use in the wider area. Ayr is the principal settlement in the South Ayrshire Council area with a resident population of around 46,800

Accommodation

The approximate gross internal floor area is 150.3 sq. m. (1,618 sq. ft.)

Terms

RATING ASSESSMENT The subjects are currently entered in the Valuation Roll as follows:- NAV/RV £8,500

LICENCE The public house holds a Premises Licence under the terms of the Licensing (Scotland) Act 2005.

ENERGY PERFORMANCE CERTIFICATE (EPC) The building energy rating is “D”. A copy of the EPC is available upon request.

LEASE TERMS The public house is available on a new lease of negotiable length.

RENTAL Rental offers over £5,200 per annum are invited. The rent has been set at a modest level, however the landlord retains the right to 100% of the gaming machine income generated by the business. Further details available upon request.

PREMIUM A premium of £1,800 is invited.

SALE Our clients would consider selling the public house either in isolation or including the two flats above, the flats comprise the following:
Flat – 19a Crown Street • Lounge • Bedroom • Kitchen • Bathroom
Flat – 19b Crown Street • Lounge/Dining Room • Kitchen • Bathroom • Two Attic Bedrooms
Flat – 19a Crown Street 61.55 sq. m. (662 sq. ft.) Flat – 19b Crown Street 72.55 sq. m. (781 sq. ft.)
The asking price is as follows: Public House Offers over £ 70,000 Public House & Two Flats Offers over £150,000

PLANNING Planning consent has been granted by South Ayrshire Council under Reference 16/00991/APP for the development of 2 x 2 bed flats on the ground floor of the premises. Floor Plans are available upon request. On completion the subjects would comprise 4 flats in total ideally suited to the private rental market.

Specification

• Closed and fitted public house
• Two self-contained flats at first floor level also available
• Planning Consent for conversion of ground floor to 2 x 2 bed flats

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Vulcan Tavern For Sale £0.00 NA

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Kevin Bell

Shepherd Commercial

01292 400049



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