Pub for sale

Manor Street, Falkirk, Stirlingshire, FK1

Under Offer 1,625 sq. ft. | £270,000

Property Description

Commercial information

  • 1,625 sq ft (150 sq m)
  • Use class orders: A4 Drinking Establishments

Key features

  • Well established town centre public house
  • Recently refurbished ground & first floor bars
  • External smoking area to rear
  • Currently occupied by way of a licence agreement although vacant possession achievable
  • EPC Rating 'D'
  • Offers over 270,000
  • PROPERTY NOW 'UNDER OFFER'

Full description

Tenure: Freehold

PROPERTY NOW 'UNDER OFFER'

LOCATION
The subjects enjoy a good quality town centre location on the southern side of Manor Street, immediately to the East of its junction with Kirk Wynd and North of Falkirk's pedestrianised High Street. The surrounding area is given over to a variety of commercial and retail usage with nearby occupiers including The Wellington Public House, The Artisan Tap, Coral Bookmakers and William Hill.

Falkirk itself comprises an important town within Central Scotland lying midway between Edinburgh and Glasgow, forming the main administrative centre for the surrounding district. As such the town provides extensive retail, leisure and local government facilities having a resident population of over 38,000 people at the census of 2011. The location of the subjects is shown on the appended plan.

DESCRIPTION
The subjects are contained predominantly within a mid terraced, two storey stone built property which is contained under a pitched and slated roof.
Access is taken directly from Manor Street with the subjects arranged internally to provide a ground floor bar and appropriate support accommodation. A separate first floor bar is also provided together with a kitchen and ancillary sections.

The premises appear to have been recently refurbished and are furnished to a good standard throughout. An external smoking area lies to the rear of the subjects which incorporates external seating and tables.

FLOOR AREAS
According to our measurements taken during our inspection, we calculate the Gross Internal Area of the ground floor pub to extend to 151 sq.m (1,625 sq.ft) approx.

FLOOR PLANS
A copy of the Licence Plan showing the layout of the subjects can be provided upon request.

EPC
A copy of the Energy Performance Certificate (EPC) for the subjects can be made available on request or by accessing DM Hall's website (www.dmhall.co.uk). The Energy Rating is 'D'.

TENANCY DETAILS
The subjects are presently let on a 5 year agreement from 7 December 2015 which provides the tenant with the option to break at any point on providing 6 months' notice. A stepped rental has been agreed with 25,000 per annum exclusive payable for year 1 rising to 30,500 per annum exclusive thereafter.

PRICE
Offers over 270,000 are invited for the purchase of our clients heritable interest in the subjects.

V.A.T.
Our clients have elected to waive exemption to VAT and accordingly VAT will be payable on the purchase price. It may be possible for the transaction to complete by way of a TOGC, however, interested parties will require to seek their own financial advice in this regard.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Falkirk Grahamston (0.2 mi)
  • Falkirk High (0.6 mi)
  • Camelon (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Glasgow

220 St. Vincent Street Glasgow G2 5SG

0141 392 0859 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

DM Hall , Glasgow

220 St. Vincent Street Glasgow G2 5SG

0141 392 0859 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Falkirk Grahamston (0.2 mi)
  • Falkirk High (0.6 mi)
  • Camelon (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Glasgow

220 St. Vincent Street Glasgow G2 5SG

0141 392 0859 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference ESA1062. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DM Hall , Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.