Summary

• Central position in Saltcoats Town Centre
  
• Established, family owned pub business and property for sale
  
• Excellent growth potential
  
• 100% rates relief available
  
• Offers over £110,000 are invited for the property and going concern

Location

Raise Street is a mixed commercial and residential location within Saltcoats Town Centre, occupying a prominent position next to the north platform of Saltcoats railway station.

Saltcoats is located within the North Ayrshire region around 33 miles southwest of Glasgow and forms part of the ‘Three Towns’ are alongside Stevenston and Ardrossan, which have a combined population around 35,000 persons.

Description

The ‘Victoria Bar’, is a self-contained public house premises, contained over the ground floor of a two storey standalone building with a traditional bar area a raised lounge with open fire towards the rear, having cellar accommodation built below it. The building extends into a single storey projection, containing toilets. There is an external smoking/seating area.

The pub extends to a gross internal floor area of 100sqm (1076 sqft), or thereby.

The property has a rateable value of £6,700 and qualifies for 100% rates relief via the Small Business Bonus Scheme, subject to occupier status.

The ‘Victoria Bar’ is long established in Saltcoats Town Centre, having traded since 1965 and operated by the Montgomerie family since then. It is a traditional wet sales pub, open seven days between 1130am and 11pm although licensed until 1am Monday to Saturday and 1230am on a Sunday. Trading figures can be made available to genuinely interested parties.

Offers over £110,000 are invited for our clients heritable interest in the pub together with the goodwill, fixtures and fittings of the business. Stock will be sold at valuation.

EPC details are available upon request.