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Freehold Licensed Investment, 186 Bath Street, Glasgow, G2 4HG

£900,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Bar / nightclub for sale

Key features

  • Investment Sale | £90,000 per annum
  • Multi-purpose Licensed Venue
  • FRI Lease - 10 Years
  • Well Decorated and Modern Throughout
  • Outdoor terrace
  • Energy rating E
  • Christie & Co Ref: 6854069

Description

Description

An excellent opportunity to acquire a licensed freehold investment in Glasgow city centre. This fully converted townhouse includes a cocktail bar, karaoke pods and function spaces over four floors. Please note our comments on p4 in the Investment Summary section.

Location

The property is situated on Bath Street in Glasgow city centre. This is Glasgow’s prime office location and there are a number of international, national and local businesses represented in the area. The location comprises a mixture of former traditional townhouses, older style offices and more modern developments. Whilst the predominant use is offices, there are a collection of retail premises, cafes, restaurants and leisure uses servicing the area.

The city has mainline railway stations at Glasgow Central and Glasgow Queen Street with connections throughout the UK. In addition, there is a comprehensive suburban rail network with connections to the wider Glasgow area. An underground train system circles the city centre interconnecting with rail at Buchanan Street and Partick. There is a major bus terminus at Buchanan Bus Station.

Internal Details

Basement
The Diskoteka can hold up to 100 guests, separated into a bar area with booth seating for c.16, dancefloor and DJ booth. This area leads to a private outdoor terrace.

Ground Floor
Large bar area with wooden tables and chairs, the spacious room has been tastefully decorated throughout and would suit a variety of different concepts going forward.

First Floor
The 'Posh Room' is based on the first floor with large windows allowing for plenty of natural light. The room is private and can accommodate for around 25 seated and 35 standing with buffet. Karaoke booths are also located on this floor. A small bar is to the rear with a single door providing access to a private mezzanine with fixed cloth seating and wooden tables and chairs. The mezzanine overlooks a further private bar.

Second Floor
The Penthouse can comfortably accommodate 40 seated and has been decorated to a high standard. This large room with private bar is perfect for large parties, private dining and special events.

External Details

A four storey property of stone construction with a pitched and slated roof. There is a small garden at lower ground level, sufficient to seat about 10.

There are no other external areas; metered public car parking is available on nearby streets.

Investment Summary

The Property is currently let to a third party on the following terms:

Tenant: E Warehouse Foods Ltd
Lease Type: Full repairing and insuring
Term/start date: 10 years from 20.1.2025
Initial rent: £90,000 pa
Rent review: one review in 2030

We emphasise that the tenant's business - and any value attributable to their business, including the fixtures, fittings and trade equipment belonging to the tenant - are excluded from the sale. The ongoing operation of the tenant's business is unaffected.

For background purposes only, we remark that the tenant trades as "Enish" a restaurant group offering Nigerian cuisine at 11 locations across the UK (as at June 2025, according to

Tenure

Freehold

Regulatory

Premises Licence

Brochures

Freehold Licensed Investment, 186 Bath Street, Glasgow, G2 4HG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cowcaddens Station0.2 miles
  • Buchanan Street Station0.4 miles
  • Charing Cross (Glasgow) Station0.4 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 6854069-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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