Freehold Licensed Investment, 186 Bath Street, Glasgow, G2 4HG
- SIZE
Ask agent
- 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
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.
LocationThe 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.
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.
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.
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
Freehold
RegulatoryPremises 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
Notes
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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