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Pub for sale

Colquhoun Street, Stirling, Stirlingshire, FK7

Offers Over £225,000
3,981 sq. ft.

Property Description

Key features

  • Attractive, standalone licensed premises
  • Significant residential catchment area
  • Attractive external seating/play section
  • Currently occupied under a lease although vacant possession available
  • EPC Rating G
  • Offers over 225,000

Full description

LOCATION:
The subjects lie on the Eastern side of Colquhoun Street, to the North of its junction with Linden Avenue, within the Braehead district of Stirling which lies to the Southeast of the main city centre.

The property enjoys a relatively attractive position immediately adjacent to the significant residential estates of Braehead with the Superglass Insulation complex lying to the Northeast and NHS Forth Valley Central Supplies to the North.

Stirling itself comprises an important city within Central Scotland lying upon the banks of the River Forth approximately 26 miles north east of Glasgow and some 30 miles north west of Edinburgh. The city forms the main administrative centre for the surrounding district providing extensive retail, leisure and local government facilities.

DESCRIPTION:
The subjects comprise a detached licensed premises contained within a single storey building which would appear to be predominantly of brick/block construction having a range of external claddings including feature synthetic stone, varnished timber and painted render. The premises are contained under a series of pitched/tiled and flat, felt clad roofs. The property has an attractive conservatory area which has been added to the rear of the main building.

Internally the subjects are arranged to provide a main public bar area together with a lounge/restaurant section which extends into the rear conservatory. In addition appropriate kitchen, staff and support accommodation is provided.

The principal bar and lounge/restaurant areas are finished to an attractive standard throughout with each incorporating full bar serveries. The lounge bar/restaurant presently accommodates
approximately 80 covers.

Externally the subjects have the benefit of a large surfaced car park and paved seating/play area which includes a timber gazebo.

FLOOR AREAS:
According to our measurements taken during our inspection, we calculate the gross internal area of the lower ground floor bar/restaurant to extend to 369.89 m (3,981 ft) approx.

FLOOR PLANS:
A copy of the license plan showing the layout of the subjects can be provided upon request.

TRADE INVENTORY:
The asking price will include the trade inventory.

RATING ASSESSMENT:
From reference to the Scottish Association Assessor's website, (www.saa.gov.uk) the subjects are noted to have a Rateable Value of 40,250.

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

TENANCY DETAILS:
While the property is tenanted at the moment vacant possession can be obtained.

PRICE:
Offers over 225,000 are invited for the purchase of our client's heritable interest in the subjects.

VAT:
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 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 cost incurred in the transaction.

DATE OF ENTRY:
By mutual agreement, however, immediate entry following conclusion of Missives is available.

VIEWING AND FURTHER INFO:
Viewing is strictly by appointment only and arrangements should be made by contacting Michael McIntyre at this office on 01324 628321 or by email on michael.mcintyre@dmhall.co.uk or falkirkproperties@dmhall.co.uk.

In addition, further information including the License Plans, Energy Performance Certificate, Asbestos Report, Title Plan, etc. can be found on our website at www.dmhall.co.uk not only in respect of the subject property but all pub disposals under the instructions Greene King Plc.


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