Former Vibez, 24 St John Street, Coatbridge, ML5 3EJ
- SIZE
Ask agent
- SECTOR
Bar / nightclub for sale
Key features
- Bar
- Well Positioned in Town Centre
- New Lease Available
- Premises License
- Large Beer Garden / Smoking Area
- Energy Rating G
- Christie & Co Ref: 6854065
Description
A great opportunity to lease a licensed bar in Coatbridge town centre, the property is currently vacant with our client now offering a new lease for the right operator. The property is licensed for 250 and had previously served food.
LocationThe former Vibez bar is located on St John Street, in between Muiryhall Street and Main Street within the town centre of Coatbridge, North Lanarkshire. Glasgow City is around 11 miles to the west via the M8.
Coatbridge Sunnyside Train Station is a short 10 minute walk and offers a service to Glasgow Queen Street, with the journey taking around 20 minutes. This line runs from Edinburgh Waverley to Helensburgh Central.
The main entrance is to the front of the property and leads to a large lounge area with fixed leather wall mounted seating. A small staircase leads to a further lounge with a large bar to the right and wooden/leather booths to the left. Seating on both floors can comfortably accommodate around 60.
Customer toilets are to the right with a small seating area to the rear leading to the beer garden which can comfortably seat around 50. A snug is also situated to the rear with fixed seating to accommodate around 20.
Within the main bar area is a DJ booth which could remain or alternatively be altered to provide additional floor space. The beer cellar and ample storage is located behind the bar and is accessed via a single door.
The ingoing tenant will benefit from the use of the existing F&F.
External DetailsA traditional ground floor property of stone construction with two extensions to the rear leading to a large beer garden / smoking area.
The OpportunityA great opportunity to lease a licensed property in the heart of Coatbridge town centre. Our client purchased the property in 2024 and has now instructed Christie & Co to secure an experienced tenant on new terms. The former Vibez previously operated as a pub/bar often hosting club nights via Skiddle and FIXR.
Coatbridge town centre has a popular leisure circuit to include bars, clubs and restaurants. There is existing fixtures and fittings within the property however, prior to reopening will require some capex. This is mainly cosmetic.
The site would benefit from an experienced operator who is keen to be hands on in the running of the business, it could also easily fit into an existing portfolio.
The property is being let with vacant possession.
TenureNew lease to be agreed.
Business RatesAccording to the Scottish Assessors, the property qualifies for 100% rates relief under the small business bonus scheme.
RegulatoryPremises License
Energy Performance Certificates
EPC 1Brochures
Former Vibez, 24 St John Street, Coatbridge, ML5 3EJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coatbridge Central Station0.3 miles
- Coatbridge Sunnyside Station0.3 miles
- Whifflet Station0.6 miles
Notes
Disclaimer - Property reference 6854065-lh. 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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