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Commercial Investment Property

Glasgow, G31 - Get Access

Description

1,300 Sq.Ft Long Established Public House. Fully Refurbished. Free of Tie Investment. VAT Free. Situated on the South side of Westmuir Street, opposite its junction with Back Causeway within the Parkhead area of Glasgow. The area is one which is densely populated with the benefit of a variety of commercial retailers along with office & professional businesses. The property forms a mid terrace ground floor public house set within a larger 4 storey tenemental development surmounted by a pitched roof. The property has been renovated by the previous tenant recently to incorporate new flooring, perimeter bench seats along with loose tables and chairs. A new beer garden has been installed with canopy, new tiles, bench seating and external heaters. A small office and cellar are situated to the rear of the main bar servery, with w.c’s accessed from the main bar area. The bar is free of tie. We understand that this location has a strong regular customer base which does not rely solely on intermittent football business. Area The property extend to the following floor area: 120.77sqm (1,300sq ft) The subjects are situated on the South side of Westmuir Street, opposite its junction with Back Causeway within the Parkhead area of Glasgow. The area is one which is densely populated with the benefit of a variety of commercial retailers along with office & professional businesses. The area benefits from excellent public transport links with a plethora of bus stops on each roadside along with being close to the Parkhead Forge Shopping centre. Neighbouring occupiers include Public House, Parkhead Off Licence, Turnbull McCarron Solicitors & Parkhead Health Centre.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 1,300 sq ft (Listing)

The property is a public house located in Parkhead, Glasgow. It has a valuation floor area of 1,300 sq ft. The property has been recently refurbished, including a new beer garden. The valuation is based on comparable commercial property sales in the vicinity, with a focus on properties of a similar size and type. Given the lack of specific comparable data for this exact type of commercial property in the immediate vicinity, the valuation has been primarily guided by general commercial property benchmarks, adjusted for the specific features and condition of the subject property.

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