Campbell’s Bar

Campbell’s Bar
£ 20,000

Published on November 14, 2017

Building:
Campbell's Bar
Address:
170 Sinclair Road
Postcode / City:
AB11 9PS Aberdeen
Type:
LEASE FOR SALE
Info PDF:
Download
Square Feet:
not specified

Description

CAMPBELL'S BAR

The property comprises a detached building occupying a unique position, primarily of granite and slate construction which has been split into two distinct sections.

A)
Ground Floor
Lounge bar with approximately 50 covers with ladies toilet off, gents toilet, public bar (approximately 20 covers), store, fully fitted kitchen, external beer store and general storage.

In addition there is an external seating area with stunning views over the Harbour.

B)
Ground Floor
Double bedroom, single bedroom, shared toilet, shared shower room, shared kitchenette and cleaners cupboard.

First Floor
3 double bedrooms and a single bedroom.

LOCATION

The property occupies a commanding position on the South side of Sinclair Road overlooking Aberdeen Harbour approximately 1.5 miles south of the City Centre. The surrounding properties are a mixture of industrial, office and residential and the Nigg Bay Golf Course is within easy walking distance.

Aberdeen is Scotland’s third city with a population in the region of 215,000, a total catchment of around 500,000 and boasts one of the lowest unemployment rates within the UK.

Aberdeen in addition to being known as the oil capital of Europe has an established and buoyant tourism sector supported by first class hotels.  A new Harbour is being constructed nearby to accommodate cruise ships which should generate additional trade.

SERVICES

All main services are installed. Heating is by gas fired radiator central heating system to both sections.

RATING ASSESSMENT

The property is entered in the current Valuation Roll at £13,500.

The Uniform Business Rate for the year 2017/2018 is 46.6p in the £.

Any ingoing tenant will have a right of appeal.

This property may qualify for a 100% reduction under the Small Business Bonus Scheme.

TRADING HISTORY

The former Campbell’s Bar is not currently trading but previous figures can be provided as an indication of the potential level of business.

Section B is fully sub-let with the exception of one single room on the first floor and details of the occupancy / room rates can be provided to genuinely interested parties on request.

OFFERS

Offers in the region of £20,000 are invited for the leasehold interest on a going concern basis.

LEASE TERMS

The property is held on a full repairing and insuring lease from Aberdeen City Council for a period from 7th July 1986 until 28th May 2036.

RENTAL

£17,000 per annum subject to review on 28th November 2021.

VAT

All figures quoted are exclusive of Value Added Tax.

ENTRY

Immediately on completion of legal formalities.

EPC

This property has the following Energy Performance Ratings –

Bar – G
Accommodation – F

Further details on request.

LEGAL COSTS

 Each party will be responsible for their own legal costs in connection with the lease with the tenant being liable for LBTT and registration dues.

OFFERS & VIEWINGS

All offers should be submitted in writing to the sole agents who will also make arrangements to view.

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