The Bruce Arms & Residential Flat For Sale | | Lochmaben Dumfries and Galloway | | The property comprises a mid-terraced, two-storey building with a public house on the ground floor and a flatted dwelling above. The property was built pre 1900 and is of traditional construction with stone walls, a slate clad roof and a traditional pub frontage with rear access into an enclosed garden area and store. The accommodation comprises the main lounge and public bar areas with shared bar servery, male and female toilets as well as a basement cellar with spirit store. The property also has a large two apartment, one bedroom first floor flat above with direct access off Castle Street. | | ADVERT NUMBER : 69028
ADVERT IMPRESSIONS : 4,155 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | ASKING PRICE: | £200000 | | | | | BUSINESS DETAILS: | THE BRUCE ARMS & RESIDENTIAL FLAT
3 CASTLE STREET
LOCHMABEN
DUMFRIES & GALLOWAY
DG11 1NY
LOCATION
The subjects are set amongst a mix of residential and commercial properties, located on the east side of Castle Street at its junctions with Bruce Street and High Street. Lochmaben is a village of approximately 3000 persons situated 4 miles west of Lockerbie and 8 miles east of Dumfries within the Dumfries and Galloway region of southern Scotland. The A709, which runs through the village, provides direct road
access to Dumfries and a nearby connection on to the M74.
DESCRIPTION
The property comprises a mid-terraced, two-storey building with a public house on the ground floor and a flatted dwelling above. The property was built pre 1900 and is of traditional construction with stone walls, a slate clad roof and a traditional pub frontage with rear access into an enclosed garden area and store. The accommodation comprises the main lounge and public bar areas with shared bar servery, male and female toilets as well as a basement cellar with spirit store. The property also has a large two apartment, one bedroom first floor flat above with direct access off Castle Street.
RATEABLE VALUE
The property is currently shown in the Valuation Roll with a Rateable Value of £12,750.
LEASE TERMS
The pub and flat are subject to an existing 3-year lease agreement expiring 17th January 2014 at a rent of £14,000 pa increasing to £18,000 pa in January 2012 and again to £20,000 pa in January 2013.
BARRELAGE
Our clients advise that the MAT up to the end of July 2011 was 148. | | | | | | UNDER OFFER | | | | | | | | | | | |
