Leisure/hospitality to let in 145 London Road, Glasgow G1

Public House To Let, The Braemar Bar, 145 London Road, Glasgow G51 5Bs

The property occupies a prominent position at the corner of London Road and Charlotte Street in the Gallowgate area just over 1⁄2 mile from the city centre. This area of the city has seen major transformation through a number of development initiatives, not least through Glasgow City Council’s Calton Barras Action Plan aimed at bringing amenity enhancements, job creation, a programme of community investment and creation of an attractive neighbourhood with a distinctive and vibrant Barras Market. A significant number of modern housing/flatted developments at London Road itself and off Gallowgate, a short distance to the north, provides visible evidence as to the improvements in the immediate area.

As can be seen from the attached location plan and Ordnance Survey extract, the subjects are close to several well known landmarks/ venues with Glasgow Green a short distance to the south, Barras Market and Barrowlands in close proximity to the east and The Merchant City within convenient walking distance to the west.

Description

The subjects comprise traditional licensed public house premises within a two storey and basement building of brick and sandstone construction with a flat platform metal sheeted roof. The public house is situated on ground and basement levels and there are flats situated on the first floor. Adjacent to the property at Charlotte Street, is a ground floor retail unit in different ownership.

The property has entrances at both London Road and Charlotte Street.

The subjects comprise a bar area the approximate layout of which is indicated on the attached layout plan.

There is a basement area utilised as a beer cellar and bottle store accessed via a timber stair from a drop hatch in the floor of the bar servery area. Independent access for deliveries to the cellar is also available from a pavement level hatch off Charlotte Street at the side.
Licence/trading hours
The property trades with the benefit of a premises licence and presently trades:

Monday to Thursday: 11:00am - 12:00am (Midnight)
Friday and Saturday: 8:00am - 12:00am (Midnight)
Sunday: 11:00am - 12:00am (Midnight)
floor areas
The subjects have the following approximate floor areas:-

Floor
Accommodation
sq.m.
sq.ft.

Ground
Bar Area
58.74
632

Basement
Cellar/Storage
48.61
523

Total

107.35
1,155

lease terms
Our clients wish to lease the premises on a Full Repairing and Insuring basis and rental offers over £12,000 per annum are invited.
Energy performance
A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
Rating
The Rateable Value is £10,000 which qualifies for 100% rates relief under the Small Business Bonus Scheme, subject to occupier status.
Legal costs
Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT
The property has not been elected for VAT
viewing arrangements
Strictly by contacting the sole agents.
Make an enquiry
Graeme Todd
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Leah Sellers
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