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UNDER OFFER

Avenue Square, STEWARTON, KA3

Offers in Excess of
£220,000

Business rates & charges may apply

DM Hall, Glasgow
SIZE

Ask agent

SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments

A4

Key features

  • Prominent position within Stewarton Town Centre
  • Established pub premises with function room
  • Gross Internal Area 355 sq.m. (3,822 sq.ft.) over two floors
  • 100% wet sales free of brewery tie
  • Offers over £220,000 are invited

Description

Avenue Square is the traditional heart of Stewarton Town Centre, located just off High Street and the location of the Town Hall, adjacent to the 'Stewarton Arms' with Ladbrokes on the other side of the property.

Stewarton is located within East Ayrshire around 5 miles north of Kilmarnock, 13 miles south west of Newton Mearns and 20 miles south of Glasgow. The 'Bonnet Toun' has a population of 7,500 persons with an array of new housing being developed.

The 'Stewarton Arms' is a well-established, traditionally built public house within Stewarton Town Centre, occupying a mid-terraced position and contained over two floors with separate ground and first floor access as well as a rear garden enclosure.

The internal accommodation is traditional in style with an open plan main bar and adjacent pool area. There is seating for around 60 patrons. An internal stair accesses the first floor function room, having an independent front door access also. There are toilets on both floors.

The accommodation is as follows:

Ground Floor: Entrance vestibule, main bar, patron's toilets, spirit store, cellar, general store.

First Floor: Function room, patron's toilets, office, studio and general storage.

The property extends to the following gross internal floor

Ground Floor: 180 sq.m (1,938 sq.ft)
First Floor: 175 sq.m (1,884 sq.ft)
Total: 355 sq.m (3,822 sq.ft)


The Rateable Value is £16,300 and the property qualifies for 25% rates relief via the Small Business Bonus Scheme, subject to occupier status.

Stewarton Arms is a well-established pub within Stewarton, widely considered to be one of the town's busier outlets, with reported sales to be in the region of £5,000 - 6,000 per week. There is scope to improve upon past sales levels and perhaps diversify in to food sales, subject to the necessary consents.

The business was closed due to COVID19 and remains closed at the date of publication.

Offers over £220,000 are invited for our client's heritable interest in the property and business as a going concern. The price quoted is exclusive of VAT and no warranties will be provided by the vendor.

EPC available upon request.

Each party to be responsible for their own legal costs incurred during the transaction.

Brochures

Avenue Square, STEWARTON, KA3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stewarton Station0.2 miles
  • Dunlop Station2.2 miles
  • Kilmaurs Station3.1 miles

Notes

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Disclaimer - Property reference wsa1952. 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.

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