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Prime Basement Bar, 142 Renfield Street, Glasgow, G2 3AU

8,614 Sq Ft / Leisure / Pubs/Bars/Clubs

For Sale

Available - Last updated: 26 June 2026

The premises comprise a basement bar, live music venue and nightclub accessed via an entrance door located on Renfield Street. There is also a secondary entrance on Renfrew Court.

The premises forms part of a larger building comprising of a 7 storey red sandstone building. Internally the premises comprise 2 separate bar areas. Within the main bar area there is a stage and pool table area. There is also a kitchen, WC facilities and staff areas within the premises.

History: The Flying Duck has been at the heart of Glasgow's underground music scene since opening in 2007. It's gone through several renovations since then but always remained relevant to Glasgow's vibrant night time scene.

In the last two years it has settled as a cool live venue and club with an adjoining speakeasy vibe bar that doubles as an intimate venue. The setup could easily suit a wider range of musical styles than the current set up or alternatively could lend itself to further leisure uses.

Location

The premises are located on the east side of Renfield Street, to the north of Renfrew Street, in Glasgow City Centre. The property sits in close proximity to the pedestrianised Sauchiehall Street and a number of prominent local occupiers including the new Omniplex Cinema (formerly Cineworld), Walkabout Bar, Pavilion Theatre, Maldron Hotel, Tesco Bank HQ and citizenM.

Glasgow is Scotland's largest city with a population of approximately 660,000 and an estimated shopping catchment of 2 million people.

 
The surrounding area has seen significant development in the student accommodation and aparthotel market, with a number of new schemes either recently completed or under construction in the near vicinity, further enhancing the area's vitality as a destination for the night-time economy.

Accommodation

The premises extend to the following approximate areas:

Basement - 8,614 sqft / 800.28 sqm

Terms

Lease: The premises are held on a Full Repairing and Insuring lease until 7th January 2028. The current passing rent is £26,000pa.

There is an agreement in principle with the Landlord to extend the lease for a further 10 years with 3 x 5 yearly options to extend the lease. The rent from January 28 would be £28,000pa.
 
Premium: On application
 
Rates:
Rateable Value: £24,000
UBR (2025/26): £0.481
Rates Payable: £11,544 pa
 
EPC: On application.
 
Legal Costs: Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
 
Licence: The premises trades as ‘The Flying Duck’ and is fully fitted with a late-night licence from 11am to 3am Mon-Sat with Sunday being 12.30pm to 3am. There is a 350 persons capacity.

Specification

  • Prime Licenced unit in Glasgow City Centre
  • Benefits from Bar & Nightclub Licence – 11am-3am
  • Fully Fitted Premises
  • Extends to 8,614 sqft at Basement Level

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Premium on Application For Sale Leasehold NA NA

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