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12
ref: L99774

Public House & Flat Investment For Sale

Available
Under Offer
Price
£150,000 (€171,075 approx)
Location
Horseshoe Bar & Flat, 79 & 81, George Street, AYR, KA8 0AQ
Property Type
Pubs
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KEY FEATURES



attribute
Suburban location
attribute
Ground floor public house held on tenancy at will
attribute
First floor 3-bed flat let on regulated agreement
attribute
Offers in the order of £150,000 plus VAT invited

LOCATION


Ayr is a historic coastal town on the Firth of Clyde with the A77 running to the east connecting with Kilmarnock 12 miles north-east, Glasgow some 30 miles north-east and Prestwick airport 4 miles north. The pub lies within a mainly local authority residential area 0.5 miles north of the town centre on the north side of the River Ayr, just south of the A719 dual carriageway.


DESCRIPTION


The property comprises a 2 storey terraced painted building under pitched tiled roof substantially extended to the rear with both flat roofed and pitched roof brick structures, providing 3-bedroom flat on the first floor. Internally the pub has a generally open plan single trading space with front snug area, providing around 60 seating covers with substantial standing space, and customer toilets, office, cellar and storage. The flat has a living room, kitchen, bathroom and central hall, accessed via a left-facing close and rear metal stair.


TENURE


The heritable interest in the property is available for sale.


TERMS


The property is offered for sale subject to the existing tenancy at will (TAW) on the pub and the private residential tenancy agreement for the private rented sector flat. Further details available on request. Our clients are seeking offers in the order of £150,000 plus VAT for the property.


RATEABLE VALUE


From the Scottish Assessors Association website (www.saa.gov.uk) we note the following rating assessment as a Public House RV £14,000 (effective 1/4/2017) Note: A new occupier will have the right to appeal the rateable value. The flat is listed under Band C for Council Tax purposes.


VAT


VAT will be payable in addition to the purchase price.


LICENCES


The public house element has a Premises Licence in accordance with the Licensing (Scotland) Act 2005. Further information available on request.


FIXTURES & FITTINGS


The vendor is not including any items of furniture; equipment, trade fixtures and fittings. Any that are left post completion are not warranted for their suitability, safety or ownership. The vendors will not be supplying an inventory. Items that are owned by third parties will be excluded from the sale and will be removed from the property, these items may include – gaming and vending machines; pool tables; items that are subject to rental or hire purchase agreements; beer flow monitoring equipment; beer raising and dispense equipment.


LEGAL COSTS


Each party is to be responsible for its own legal and professional fees in connection with this transaction.


FURTHER INFORMATION & VIEWING


For further information and viewings please contact the sole agents, Colliers International. Contact: Paul Shiells Office: 0141 226 1076 (DD) Mobile: 07831 640777


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 26/08/2019

Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.

Copyright (c) 2019 Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509.
Registered office: 50 George Street, London W1U 7GA  Tel: +44 20 7935 4499