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Pub for sale

Low Waters Road, Hamilton, Lanarkshire, ML3

Under Offer 6,017 sq. ft. | £270,000

Property Description

Commercial information

  • 6,017 sq ft (558 sq m)
  • Use class orders: A4 Drinking Establishments

Key features

  • Located close to Hamilton Town Centre
  • Prominent corner roadside position
  • Traditional bar premises with function suite and dedicated car parking
  • GIA of 559 sq.m (6,017 sq.ft) approx.
  • EPC Rating 'G'
  • Offers over 270,000 invited

Full description

Tenure: Freehold

The subjects comprise a large, corner position public house and function property contained over two floors in a building dating from pre 1900s and of traditional construction. The property has dedicated car park to the rear.

We would summarise the accommodation as undernoted:-

Ground Floor: Lounge bar, public bar, kitchen, male and female toilets
First Floor: Function suite, kitchen, male and female toilets
Basement: Beer cellar

We calculate the Gross Internal floor area to extend to 559 sq.m (6,017 sq.ft) approx.

The subjects are held by way of a 12 month tenancy agreement expiring 21st January 2016, subject to continuation unless terminated at any time, subject to the tenant being provided with not less than 28 days' notice.

Offers over 270,000 are invited for our client's heritable interest.

Our clients have elected to wave exemption to VAT and accordingly VAT 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.

Our clients advise us that the MAT as at June 2016 was 136 barrels.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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