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For Sale£550,000.00

A licensed bar/restaurant located in a prime trading position within Stirling.

Pubs/Bars/Clubs, Licensed & Leisure , 650 Sq M
Property type: Pubs/Bars/Clubs, Licensed & Leisure
Tenure: For Sale Freehold, For Sale Leasehold
Size: 650 Sq M
Price: £550,000.00
Location: 24, King Street, Stirling, FK8 1AY
• Development opportunity
• Full Local Authority Consents for bar/restaurant with dancefloor and 3 bedrooms
• Fit out works to be completed
• Significant capital has been invested upon building fabric to include roof and lift.
• Leashold option considered.
• Grade B listed.

Property
The Property comprises a substantial stone mid-terraced property with accommodation set out over 3 floors plus basement. Located on King Street the subjects enjoy a prominent trading position.

Over the past 5 years, the property has had extensive refurbishment to include roof/stonework and windows externally.

Planning permission and building warrants were obtained for the formation of a licensed bar/restaurant with dance floor on basement level and 3 bedrooms at second floor level. The proposed layout is as follows:

Basement
Bar area, cellar, cloak room, dance floor, disabled w.c. and plant room

Ground Floor
Lounge/restaurant, bar area, kitchen, reception area and male and female w.c. facilities.

First Floor
Function room, private lounge and further male and female w.c. facilites.

Second Floor
3 letting bedrooms each with ensuite facilites

At present, the majority of the structural works have been undertaken to include installation of a personnel lift. The property is ready for internal fit out to an occupiers exact specification.

Situation
Stirling is the main city within the central belt of Scotland with a population of around 35,000 and a catchment population of around 100,000. Stirling benefits from good means of access to Scotland’s motorway network via the M80/M9.

Stirling benefits from a main line Railway Station that is located approximately 5 minutes walk from the subject property offering good means of access to Edinburgh, Glasgow and beyond.

The property is located on the northern side of King Street between its junctions Murray Place/Port Street and Baker Street. The nearby area would be considered a prime location for a restaurant or licensed trade use. Surrounding occupiers include JD Wetherspoons, Boozy Cow, Cape Bar and other national and local operators.
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