Public house with flat above

Going under the hammer is this exciting business/development opportunity in the Raploch area of Stirling, approximately 1.5 miles from the city centre. Extending to approximately 2,400 sq. ft (223 sq. metres) over two levels, the property comprises a non-trading public house on the ground floor, with a spacious four bedroom flat on the upper level. The main bar area of the pub has been water damaged and requires an extensive programme of works to revive the business potential. There would also be the option to consider conversion to residential or alternative business use subject, of course, to the required consents. The flat on the upper level offers its own separate access from the rear, and some repair and upgrade would make this ideal for owner’s accommodation or as a standalone rental unit. The competitive Guide Price is sure to attract interest from a range of developers/investors and early viewing is essential to appreciate the value and huge potential on offer.

Tenure

Freehold

Area

Drip Road is within the Raploch area of Stirling, approximately 1.5 miles from the city centre. The historic city of Stirling offers a mix of cultural heritage and modern facilities, including Stirling Castle, Wallace Monument and the popular Thistles Shopping Centre. Public transport, both bus and train services, are well served in the area, and road links provided by the nearby motorway network.

Local Authority

Stirling Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.