Description

LOCATION

Hamilton is the main administrative centre of South Lanarkshire Council and lies approximately 12 miles south-east of Glasgow and 35 miles south-west of Edinburgh, within the densely populated central belt of Scotland.

The resident population of Hamilton is in the region of 55,000 persons, although, we estimate the catchment population within half an hour’s drive time, is in the region of 1 million persons.

The Woodside Bar is situated in an excellent trading location on the busy Gateside Street, only minutes’ walk into the core Hamilton town centre and the Regent Shopping Centre, as well as Hamilton Central railway station.

DESCRIPTION

The Woodside Bar is arranged over the ground floor and basement of a three storey and basement, traditional stone constructed building, under a pitched roof, clad externally in concrete tiles.

The premises benefit from an access directly from Gateside Street. There is a return frontage to Woodside Walk, which provides a further customer access. There are windows both to  Gateside Street and Woodside Walk, providing excellent natural light internally.

ACCOMMODATION

The main accommodation internally is as follows:

Public Bar

The public bar has two accesses from the front. Decorations are to a traditional standard throughout and the premises have a first class traditional ambience. Ceiling heights are high. There is a semi-circular timber bar servery. Seating is provided from a mix of fixed back and loose timber tables and chairs, supplemented by high stools. There is seating for approximately 32 persons.  There is a gaming machine and wall mounted colour TVs.

Snug Seating Area 1

Snug seating area, situated off the main bar. There is fixed back seating and loose tables and chairs. There is seating for approximately 8 persons.

Snug Seating Area 2

Further snug seating area with seating for approximately 12 persons from loose timber tables and chairs. There is a drop down screen and projector for TV sporting events, as well as a darts board.

Customer Toilets

Ladies and gents customer toilets.

Service Areas

Manager’s Office and storage area situated to the rear of the bar servery.

Basement Cellar

The cellar is accessed from a hatch to the rear of the bar servery.  Externally there is a drop for deliveries at street level.

RATEABLE VALUE

The premises have a Rateable Value of £16,900.

SERVICES

We understand that the Public House is connected to all mains services, including gas, drainage and electricity. Heating is from wall mounted radiators.

PREMISES LICENCE

There is a premises licence in place, regulated under the 2005 Licensing (Scotland) Act. This will be held by the Landlord with the Tenant providing a designation on-site premises manager.

THE OPPORTUNITY

The Woodside Bar is situated in an excellent town centre trading location, a short walk from the main shopping and offices of Hamilton town centre. The premises are well decorated throughout in a traditional theme and have good quality ambience. This is an excellent opportunity for an owner/operator to develop a first class and profitable business.

The premises are being let as fully equipped, to include all trading inventory.

RENTAL

The premises are being placed on the market at Offers Over £18,000 per annum. A 6 month’s rental deposit will be required from an incoming tenant. There is a Nil Premium to acquire the new lease. An incoming tenant will gain full use of the trading inventory, although this will remain in the ownership of the landlord.

The tenant will also be obliged to purchase draft beer/cider from the Landlord. A significant barrelage discount will be provided to the Tenant.

EPC

The property has an EPC rating of G

ANTI MONEY LAUNDERING

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers.  Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.

VIEWING - STRICTLY BY APPOINTMENT ONLY

For an appointment to view or further information, please contact:

Peter E Darroch

w: cdlh.co.uk

t: 0141 331 0650

Floor Plans

• The Woodside Bar, Hamilton

  

Dataroom

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