Fully fitted bar opportunity in Motherwell, suitable for various uses in a commercial area.
Motherwell, North Lanarkshire
- Status
FOR SALE
- Advert ID
654872
- Reference
Bar ML1 / Rightbiz
- Call Agent:
- Leasehold: Price on Application
- or
- Freehold: £150,000
- Turnover: £780,000 (£15,000 per week)
- Profit: Not Applicable
Business Details
Fully fitted bar opportunity in Motherwell. Would also suit variety of uses including retail, office
Bar ML1
322 Brandon Street, Motherwell, ML1 1XA
· Fantastic Public House Opportunity
· Designed & fitted to a high standard. Walk in condition
· Prominent corner trading position within the heart of Motherwell
· Busy commercial area opposite Motherwell Shopping Centre
· Surrounding operators include Tony Macaroni, Asda, KFC, Primark & PureGym
· Would suit other uses including retail, salon, clinic, office etc
· Size approx 1,250 SqFt
LOCATION
The property occupies a prominent corner trading position on Brandon Street within the heart of Motherwell, one of North Lanarkshire's principal commercial centres, approximately 12 miles south-east of Glasgow. Motherwell benefits from excellent transport connectivity via the M74 and M8 motorway networks, together with regular rail services providing direct links to Glasgow, Edinburgh and the wider Central Belt.
The surrounding area comprises a well-established mix of residential neighbourhoods, retail and commercial occupiers, creating consistent footfall throughout the day and evening. Motherwell town centre offers a wide range of national and independent retailers, leisure facilities, licensed premises and public services, while the nearby Fir Park Stadium, Strathclyde Country Park and Ravenscraig regeneration area generate additional visitor activity.
The property's location within the popular ML1 postcode provides an established local customer base and convenient access for patrons from Motherwell and the surrounding communities of Wishaw, Bellshill, Hamilton and the wider North Lanarkshire area. Excellent public transport links and readily available parking further enhance the property's accessibility, making it well suited to continued licensed trade.
THE PROPERTY
The subjects comprise part ground floor of this 2-storey, traditional, sandstone property, all under a pitched tiled roof.
DESCRIPTION
The premises can comfortably seat approximately 50 customers by way of stylish banquet seating, loose tables, chairs and high stools.
To the rear of the customer area there is a stylish, fully equipped, bar servery with stunning, full height, backlit gantry to the rear.
ANCILLARY AREAS
* Chilled cellar
* Ancillary storage
* Male & Female toilets
FIXTURES & FITTINGS
We have been advised that all trade fixtures and fittings are owned outright and are free from any hire purchase or lease agreements.
BUSINESS RATES
The subjects are entered into the current valuation roll as having a rateable value of £17,800.
LICENSES
The business trades with the benefit of a premises licence.
PRICE/TENURE
Our client is willing to offer a fresh FRI lease to an incoming tenant on negotiable terms and duration and is seeking an initial rental of £15,000 per annum.
Freehold offers are also invited with a guide price of £150,000.
EPC
A copy of the Energy Performance Certificate is available on request. The rating is pending.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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