The 524 Bar, 524 George Street, Aberdeen, AB25 3XJ
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Pub
Key features
- Public Bar & Lounge
- Free of Tie
- Prominent Roadside Location
- Trading Over Two Floors
- Retail/Residential Conversion Opportunity
- EPC Rating G
- Christie & Co Ref: 5254998
Description
Situated on the corner of George Street, The 524 Bar enjoys a strategic and bustling location making it a focal point for locals and visitors alike.
Aberdeen's dynamic atmosphere adds a unique charm to the property, ensuring a steady stream of foot traffic and potential customers. The established customer base provides a solid foundation for growth and expansion.
The 524 Bar is prominently located on George Street, five minutes drive from the centre of Aberdeen. The property benefits from its prime position on George Street with the bustling Aberdeen City Centre a short walk 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.
The main bar is a classic traditional pub with a wooden bar and gantry. There is a generous flexible space with a pool table located to the front of the main bar area with loose furniture, accommodating 20 seated.
The lounge has not been used to its full capacity for some time, having its own bar, fixed seating and a small raised stage area. The space can accommodate c.40 seated customers and can be used for functions, events and other revenue streams.
There are customer toilets in the main bar and lounge area with a good sized beer cellar and small office located to the side of the main bar.
All fixtures and fittings are included in the sale apart from any items personal to our clients.
The OpportunityThe freehold sale of The 524 Bar presents an excellent opportunity to acquire a traditional public house in central Aberdeen.
The bar presents the perfect opportunity for current operators to add to their portfolio, or an owner operator to enhance the business and drive it forward.
The pub trades as a free house with no brewery ties, and purchasers will be able to renegotiate supply deals.
The location may also suit a retail or residential development opportunity with the correct planning consents.
Staff information will be provided on request after a formal viewing has taken place.
Trading InformationTrading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing through Christie & Co.
Business RatesThe Rateable Value is £10,250 with effect from 1 April 2023.
Confirmation of actual business rates payable should be obtained from the local Authority.
Premises Licence
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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The 524 Bar, 524 George Street, Aberdeen, AB25 3XJ
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.
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Disclaimer - Property reference 5254998-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.











