A well-presented public house. Prominent trading location in Wishaw. Walk in condition for new owners. Repositioned Pub business specialising in live entertainment. 230-person licence capacity. Large commercial space on the 1st floor (was formally a 3 bed owners flat). Large pub – 232 square metres. Rateable value £12,000. Great opportunity for hands on buyers.
FREEHOLD Guide price £250,000.
The Waverley Bar is located in the north Lanarkshire town of Wishaw around 15 miles south-east of Glasgow city centre. With a population of just over 30,000, Wishaw is one of the largest centres in North Lanarkshire along with neighbouring Motherwell.
Wishaw has a busy town centre with the Waverley Bar located at the western end of Main Street. This is an excellent trading position to capture passing trade as well as those living and working in the area.
The business is owned by our client but has been run under management for a couple of years. The business is a neat and well-presented public house offering wet sales only and it traded at a very respectable level. Our clients have worked hard in order to reposition the pub as a warm and welcoming pub.
The lounge bar is neatly presented with entertainment by way of televisions, gaming machine and jukebox. To the rear of the lounge bar there is an elevated stage area which is used for live music and entertainment at the weekends.
A doorway at the side of the property leads to large commercial space on the first floor. Our client does not utilise this space but it would be ideal for offices/storage. The 1st floor was formally a 3-bedroom flat and subject to change of use the space could revert easily back to residential use.
Prospective purchasers should be aware that there is an opportunity (subject to planning) to reinstate a staircase in the public house that could turn the commercial space on the first floor into a function room/restaurant.
The premises has the use of the attractive beer garden to the eastern side of the property. There is also undeveloped land at the rear of the property.
Since our clients acquire the business, the property has undergone a sympathetic refurbishment and is offered in an attractive walk-in condition.
