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For Sale£45,000.00

The Lyon Bar, 20 Erskine Street, Dundee, DD4 6RQ

Land, Leisure Property, Residential, Commercial Land, Licensed & Leisure , 1257 Sq Ft
Property type: Land, Leisure Property, Residential, Commercial Land, Licensed & Leisure
Tenure: For Sale Freehold
Size: 1257 Sq Ft
Price: £45,000.00
Location: The Lyon Bar, 20 Erskine Street, The Lyon Bar, 20 Erskine Street, Dundee, DD4 6RQ

PUBLIC HOUSE REDUCED PRICE - £45,000 + VAT



Location

The subjects are located at the corner of Erskine Street and Lyon Street, a short distance off Albert Street, approximately half a mile north-east of Dundee city centre.



Additional Details

Albert Street is a busy arterial route leading from Dundee city centre to the north of the city.

This is a mixed residential and commercial area, densely populated with tenement style properties predominating and with a good mix of commercial units serving the local neighbourhood.

The city of Dundee is the fourth largest city in Scotland, with a resident population of approximately 150,000 and a regional catchment population estimated at 330,000. 

Description

The subjects comprise a ground floor Public House contained within a four storey corner building of stone construction under a pitched and slated roof. As we understand it the upper floors of the building are in use as private dwelling flats.

Internally the acommodation provides a single bar operation with a public bar area and male and female / disabled WC facilities at ground floor level, and a basement offers cellar and storage space. 

The premises are in good condition throughout and there is seating for approximartely 50 persons on a mixture of fixed seating and loose chairs and bar stools. 

Availability

We have measured the gross internal area of the acommodation in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:-

|  Floor  |  sq m  |  sq ft |
|  Ground  |  62.29  |  670 |
|  Basement  |  54.57  |  587 |
|  TOTAL  |  116.86  |  1,257 |

Terms

The premsies are available for sale. The purchase price is to include all trade fixtures and fittings. Any stock will be additional and payable at date of entry.

Legal Costs

Each party shall be responsible for their own legal costs in connection with this transaction with the tenant being responsible for any Land & Building Transaction Tax or VAT liability incurred thereon.

Viewing

Strictly by appointment by the sole agents.

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