The Victoria Inn comprises a substantial traditional three storey stone constructed corner building which is held under a mansard style roof incorporating a number of dormer projections overlooking the town square. Access to the property is via the principal pedestrian door which fronts the town square with access to the letting bedrooms on the third floor via a separate entrance located on Court Street.
The premises license states a capacity of 167.
Location
Haddington is a popular town in East Lothian with an estimated resident population of approx.12000. Haddington is the main administrative, cultural and geographical centre for East Lothian and is a popular commuting town to Scotland’s capital city of Edinburgh which is located only 20 miles west and is easily accessible via the A1. The town is undergoing rapid expansion with a number of national house builders (Cala, Taylor Wimpey, Mactaggart & Mickel, Avant, Stewart Milne) actively on site developing the towns western boundaries.
More specifically, the subjects are located in Haddington’s town centre on the corner of Court Street and Neilson Park Road fronting Haddington’s main town square.
Accommodation
Internally the property splits to provide the following accommodation.
Ground Floor – Lounge bar/restaurant, male and female wc’s and cellar
First Floor – Large function room/restaurant with bar and kitchen, male and female wc’s
Second Floor – Five double letting en-suite bedrooms.
FLOOR AREAS - A copy of the licence plans can be provided to serious interested parties.
Terms
TRADE INVENTORY - The asking price will include the trade inventory
RATING ASSESSMENT - From reference to the Scottish Assessor’s Associations website the subjects are noted to have a Rateable Value £XXX
ENERGY PERFORMANCE CERTIFICATE (EPC) - A copy of the Energy Performance Certificate is available upon request, or by accessing DM Hall’s website. (www.dmhall.co.uk). The Energy Rating is G
TENANCY DETAILS - While the property is currently tenanted vacant possession can be obtained.
PRICE - Offers of £XXX are invited for the purchase of our client’s heritable interest in the subjects with the benefit of vacant possession.
VAT - Our clients have elected to waive exemption to accordingly VAT that will be payable on the purchase price.
It may be possible for the transaction to be completed by way of a TOGC, however, interested parties will require to seek their own financial advice in this regard.
LEGAL COSTS - Each party will be responsible for their own legal costs incurred in the transaction.
DATE OF ENTRY - By mutual agreement, however immediate entry following conclusions of missives is available.
OFFERS - All offers should be submitted in Scottish legal terms to DM Hall.
Specification
- An established attractive public house/restaurant/function room with letting bedrooms
- Prominent town centre location
- Currently occupied although vacant possession achievable
- EPC Rating G
- Offers of £XXX Invited for the Heritable Interest