Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Busy Pub In Heart Of Paisley Licensed Circuit For Sale

Paisley, Renfrewshire, UK
Asking Price:
£115,000
Turnover:
Available on request
Net Profit:
Available on request

• Well fitted pub in heart of busy licensed circuit
• Being sold with sitting tenant
• Single bar operation (50) with mezzanine level (30)
• Established live music venue
• Walking distnce to all amenities and University of Paisley main campus
• Ideal investment opportunity
• Would also suit multiple operator

Freehold : Offers in the Region of £115,000

The Cave has established itself well over the years with both local and student clientele, due to its prominent location within the busy licensed circuit and proximity to the University. Previously trading as The Yard, our client has owned the property for 14 years and has been rented out for the majority of this time and is presented well both internally and externally. Paisley has a busy nightlife and The Cave fits well within this and has built up an excellent name for live music. Currently the property is leased, with 2 years left on the existing lease and offers an excellent investment opportunity for a multiple operator to add to their portfolio with an experienced sitting tenant in place. Being within walking distance of all local amenities there is also an abundance of passing trade.
Opening Hours: 11am – Midnight Sunday to Thursday and 11am-1am Friday and Saturday.

Property Information

Property:

Freehold

Location:

The Cave (formerly The Yard) is situated on the south side of New Street, between the junctions of Shuttle Street to the west and Causeyside Street to the east within the popular town of Paisley.
This is an excellent trading location within the bustling Causeyside Street/Shuttle Street licensed circuit of bars and restaurants. The University of Paisley and the High Street with all its local amenities are within walking distance.
Paisley is Scotland’s largest town and is situated 11 miles west of Glasgow city centre and 2 miles from Glasgow International Airport, offering excellent commuting via M8 motorway and public transport/ rail links. With a population of circa 74,000 this can be enhanced by the students attending both the University and West College Scotland.

Premises Details:

The property is formed within a semi-detached two storey stone building under a pitched tiled clad roof, with a standard external render finish. Presented well throughout the property trades mainly over ground floor, with a mezzanine level. Further benefits include gas central heating.

Estimated Gross Internal Area:
Ground – 123.55 sq m / 1,329 sq ft
Mezzanine – 31.60 sq m / 340 sq ft

INTERNAL DETAILS

Public Bar – This welcoming public bar is fitted out to more of a modern design incorporating wood panelling and exposed brick effect wall coverings adorned with St Mirren Football Club memorabilia and varying prints, with a large feature traditional timber bar servery along one wall with a mirrored gantry. Seating is provided by a mixture of fixed, loose and freestanding bar stools set on a tiled and hardwood flooring. The bar is popular with live music and has a slightly raised stage area for bands. The room extends to the rear underneath the mezzanine level offering more seating with further benefits including flat screen televisions on the wall and games machines. This area can accommodate approximately 50. The ornate iron staircase leads directly to the mezzanine level.

Mezzanine Level – Accessed via the staircase to the front of the public bar, offers a pleasing area to sit, overlooking the bar. Seating for approximately 30 by way of freestanding wooden tables and chairs, with ornate railings and stripped wooden floorboards.

ANCILLARY AREAS

Male & Female toilets
Cellar
Store

Energy Performance Rating:
G

Business Operation

Trading hours:

Opening Hours: 11am – Midnight Sunday to Thursday and 11am-1am Friday and Saturday.

Years established:
Client has owned it for 14 years

Other Information

Related Documents: