For Sale By Auction | 14:00, 31 January 2019

2-8, St Germain Street, Mauchline, East Ayrshire, KA5 6RH

*Guide | £30,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 31/01/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Portfolio of public house and three bedroom house

Under £45,000!!! On offer is a rare opportunity to buy this public house over two floors AND a terraced house attached!. This is a fantastic opportunity to purchase this former public house and three bedroom terraced property offering separate owners accommodation in the popular village of Catrine. The public house comprises entrance vestibule which leads to the open public bar, adjacent games room, cellar and ladies and gents toilets. On the upper floor is a lounge which needs upgrading but could make a great function hall or may be converted to residential accommodation (subject to relevant planning consents). The terraced house has its own front and rear entrance and is in need of refurbishment throughout but would be perfect for someone looking to run the pub again as a business. The accommodation comprises on the ground floor lounge, dining kitchen, under stairs storage and on the upper floor are three double bedrooms and shower room. This would make the perfect opportunity for someone looking to open their own business and maximise its potential by upgrading the upper floor of the public house and maybe offering meals, functions etc. No other pub in the Village offers food at the moment. Previously the property was rented out for £13,000 per annum and is exempt to rates. Arrange a viewing now to be sure not to miss out.

Tenure

Freehold

Rental potential of £13,000pa (previous tenant)

Exempt from rates

Great potential for development

Upstairs lounge

Prominent trading position

Attractive Guide Price

Area

The Corner Bar is situated in the East Ayrshire village of Catrine approximately 15 miles east of Ayr and close to Mauchline, Cumnock, Auchinleck and the larger town of Kilmarnock. The Corner Bar enjoys a prominent trading position in the heart of the village in a visible trading area to capture passing trade, as well as to serve the local community. The village is also served with a post office and primary school.

Local Authority

East Ayrshire Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

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