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Business Categories: Pubs / Bars / Nightclubs , Retail / Investments
162 Logans Road, Motherwell, Lanarkshire, Scotland, ML1 3NY
· Established community public house
· Current tenant in place (will be sold
with vacant possession)
· Large public bar with pool table and split-level
lounge bar at rear
· Ideal for a variety of uses incl.
retail
· Local Council ground rent £6,400 per
annum
· Surrounded by local amenities in
heart of housing estate
· Would suit a first-time buyer
· Next to Community Centre with ample public parking
Freehold (with council ground rent):
Offers in the Region of £70,000
THE BUSINESS
The Brass Button has been established within this area for
many years and has been supported well by the locals in the surrounding area.
Under our clients ownership since 1998, it has been leased out for the majority of this time and
the business currently has a tenant but will be sold with vacant possession.
Under a new owner it is felt that there is scope to grow the
business as the lounge bar/ function area is very rarely used and pub is very
much part of the community being the only pub in its locale.
Opening Hours: 11am – Midnight Sunday to Thursday and 11am-1am
Friday and Saturday.
Due to the properties size and location it would suit a
variety of uses (STP) with previous suggestions for retail especially.
Ground Rent
The ground rent is payable to the
local council in 2 instalments and is £6,400 plus Vat, in total, per annum.
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