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Ye Olde Frigate Bar, 57 Netherkirkgate, Aberdeen, AB10 1AU

Guide Price
£230,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Busy Town Centre Location
  • Well Established Business
  • Trading Over Three Floors
  • Easily managed with small team
  • Free of Tie and Good Barrelage
  • EPC Rating E
  • Christie & Co Ref: 5254996

Description

Description

Ye Olde Frigate Bar, a celebrated establishment with a rich history dating back centuries, is now available for sale. This iconic property exudes a timeless charm that perfectly encapsulates the maritime heritage of Aberdeen. The exterior of the bar is constructed from the same durable granite that defines the city's architecture, offering a strong and enduring presence in a prime location.

Location

Ye Olde Frigate Bar is prominently located on the Netherkirkgate, in the heart of historic Aberdeen, Scotland. The property benefits from its prime position in the city centre with the bustling Aberdeen Harbour just a stone's throw away. Situated in the renowned "Granite City," the bar is surrounded by elegant grey granite buildings, reflecting the city's unique architectural heritage. Its proximity to the North Sea provides a distinctive maritime atmosphere, making it a captivating destination for locals and tourists alike.

Aberdeen is a city in North East Scotland, and is the third most populous city in the country. Aberdeen is one of Scotland's 32 local Government Council areas and has a 2020 population estimate of 198,590 for the city of Aberdeen and a population of 227,430 for the local council area, making it the United Kingdom's 39th most populous built-up area.

The city of Aberdeen is 93 miles northeast of Edinburgh and 398 miles north of London. It is the northernmost major city in the United Kingdom with long sandy coastline and features an oceanic climate, with cool summers and mild, rainy winters.

Internal Details

The pub is decorated in a traditional style and is well maintained. The main bar area has seating and standing for c.50 people.

The first floor/function room has comfortable booth seating with tables and chairs for c.50 people, and houses its own bar. The pub has been well looked after but will require updating to enhance future trade and revenue streams.

The lounge operates as an extension to the main bar, and is available to hire for events such as weddings, funerals, birthday parties and christenings/communions.

The second floor was previously used as a function room, benefiting from a small kitchen which would require upgrading to become compliant.

Other Floors

Gents toilets are located at the top of the stairs on the first floor.

Ladies toilets are located at the top of the stairs on the second floor.

The main cellar is located under the main bar accessible via an internal staircase, with ample storage space and a draught beer cellar. Delivery access is located on the main street.

Fixtures & Fittings

All fixtures and fittings are included in the sale apart from any items personal to our clients.

The Opportunity

The freehold sale of Ye Olde Frigate Bar represents an exceptional opportunity to own a piece of Aberdeen's rich history, in a prime location.

Whether you are an experienced hospitality professional looking to continue a legacy, or an investor seeking a unique property with development potential, this property offers a range of exciting possibilities.

The pub trades as a Free House with no brewery ties, and purchasers will be able to renegotiate supply deals.

Staff

The pub is owner operated with the help of a small team of staff. Staff information will be provided on request, and after a viewing.

Trading Information

Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing has taken place.

Trading Hours

Monday - Saturday
10.00am - 11.00pm

Sunday
12.30pm - 11.00pm

Business Rates

The Rateable Value is £31,500 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the local Authority.

Regulatory

Premises Licence

Energy Performance Certificates

EPC 1

Brochures

Ye Olde Frigate Bar, 57 Netherkirkgate, Aberdeen, AB10 1AU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aberdeen Station0.3 miles
  • Dyce Station5.4 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5254996-fh. 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 Christie & Co, Pubs & Restaurants. 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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