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TO LET/FOR SALE: ESTABLISHED PUBLIC HOUSE PLUS 3 BEDROOMED APARTMENT

For sale: POA|To rent: ROA|Residential, Mixed use, Retail - High Street, Retail - Out of Town, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Other Property Types & Opportunities, Retail, Licensed & Leisure

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
ADDRESSWilsons Arms, 9 Aitchison Street, Airdrie, North Lanarkshire, ML6 0DA
TYPEResidential, Mixed use, Retail - High Street, Retail - Out of Town, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Other Property Types & Opportunities, Retail, Licensed & Leisure
TENUREDevelopment Opportunity, To Let, For Sale Freehold
POSTED ON1st August 2019

DESCRIPTION

Established Trading Public House
Free of Tie
3 Bedroom Residential Apartment
Rear Loading Area
Potential For Hot Food Consent*
Capable of Division To Form 2 No. Units
£14,000p.a.x
Freehold £129,995

Location

The subjects are situated on the South side of Aitchison Street, between its junctions with Sword Street and Queen Victoria Street within the town of Airdrie.

The town of Airdrie lies around 12miles to the East of Glasgow city centre, the town and surrounding area has been subject to ongoing residential development over the years. Airdrie has a resident population in excess of 40,000 and is situated to the North of the recently upgraded M8 motorway, providing a faster road between Glasgow and Edinburgh, benefitting the commuter towns along the route. Neighbouring occupiers include Tesco Express, Lloyd’s Pharmacy, Victoria Gardens Sheltered Housing & Victoria Primary School.

Subjects

The subjects comprise a substantial ground floor public house with maisonette apartment set within a larger 3 storey mixed use development of traditional construction surmounted by a pitched tile roof.

Benefitting from a double frontage, the subjects are accessed by way of a timber door leading to the open plan bar with centrally located timber bar and recessed gantry. The subjects have been decorated in a traditional style with lighting provided by way of a mixture of halogen spots and pendants throughout. The bar offers space for oche and pool table with the benefit from male and female w.c facilities The bar is serviced by way of a single storey extension to the rear of the demise which comprises the cellar and storage space.

The apartment is formed over 1st and second floors with 3 no. bedrooms, lounge, kitchen and bathroom. The property benefits from a central heating system, UPVC double glazed windows. Minor redecoration would be beneficial creating an opportunity to divide the apartment and ground floor alternatively provide ample staff quarters.

Area

The subjects have been measured on a Net Internal Area basis to offer the following;

Ground: 167.95sqm (1,808sq ft)

Apartment: 85.18sqm (917sq ft)

NAV/RV & Council Tax

The subjects have been assessed and entered onto the local authority with the following rateable value and council tax banding;

Ground: £5,400

Apartment: Band “B”

Proposal

The subjects are available in their entirety, on a new full repairing and insuring head lease for £14,000p.a.x.

Freehold Price £129,995

Proposals are only invited for the subjects as a whole.

V.A.T

Prices quoted are exclusive of V.A.T

E.P.C

Available on request

Free of Tie

The subjects benefit from being free of tie

Viewing

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

LOCATION

Location: Wilsons Arms, 9 Aitchison Street, Airdrie, North Lanarkshire, ML6 0DA

Airdrie (0.4 miles)

Coatdyke (0.7 miles)

Drumgelloch (1.5 miles)

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