DESCRIPTION
The public house is arranged over the ground floor and basement of a four storey and basement, traditional sandstone constructed tenement building, under a pitched roof clad externally in slate. There is separate access to the main ground floor bar and function suite over the basement directly from the front.
RATEABLE VALUE
The premises have a Rateable Value of £11,400 as of 1st April 2023.
SERVICES
We understand that the premises are connected to all mains services, including gas, drainage, and electricity.
PREMISES LICENCE
There is a premises licence in place, regulated under the 2005 Licensing (Scotland) Act.
THE OPPORTUNITY
The 3 Cheers Public House is situated in a very prominent position on a busy arterial route. In addition, there are income generators, being the Quay Leisure Park and The Grand Olde Opry, situated within the immediate vicinity.
The premises would be ideal for an experienced publican to continue the use as a community public house. Alternatively, the premises may be suitable for alternative use, particularly given the large basement area, which could be suitable as a dance studio, gig venue or other.
Location
LOCATION
The 3 Cheers Public House is situated in a highly prominent position on Paisley Road West, a major thoroughfare connecting the city centre to Paisley. The premises benefit from a significant passing trade.
The premises lie close to income generators, including the Quay Leisure Park, the Grand Ole Opry venue, and residents from the densely populated surrounding residential flats. In addition, the premises lie a short distance (approximately 15 minutes’ walk) from the core city centre.
Specification
EPC
The property has an EPC rating of G.
VIEWING AND FURTHER INFORMATION
For further information, or for an appointment to view, please contact CDLH on 0141 331 0650.
ANTI MONEY LAUNDERING
The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now required us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof or funds for the purchase before the transaction can proceed.