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Established Community Pub In Motherwell, Lanarkshire For Sale

Motherwell, North Lanarkshire, UK
Asking Price:
£90,000
Turnover:
Available on request
Net Profit:
Available on request

The Brass Button
162A Logans Road, Motherwell, Lanarkshire, ML1 3NY

• Established community public house
• Currently leased out (will be sold with vacant possession)
• Large public bar with pool table and split-level lounge bar at rear
• Current barrelage is estimated to be c. 100
• Surrounded by local amenities in heart of housing estate
• Local Council ground lease £6,400 per annum
• Would suit a first-time buyer
• Next to Community Centre with ample public parking

Freehold : Offers in the Region of £90,000

THE BUSINESS
The Brass Button has been established within this area for many years and has been supported well by the locals in the surrounding area. Under our clients ownership since 1998, it has been leased out for the majority of this time and the business currently has a tenant but will be sold with vacant possession.
Under a new owner it is felt that there is scope to grow the business as the lounge bar/ function area is very rarely used and pub is very much part of the community being the only pub in its locale.
Opening Hours: 11am – Midnight Sunday to Thursday and 11am-1am Friday and Saturday.

Property Information

Property:

Freehold

Location:

The subjects are located on Logans Road within a residential area of Motherwell in North Lanarkshire and is approximately 16 miles southeast of Glasgow City Centre.
Motherwell itself is a former Burgh and is the largest town in North Lanarkshire with a resident population of approximately 50,000 people, supplemented by the surrounding towns and villages including Hamilton, Wishaw and Bellshill. Motherwell is also the administrative centre for North Lanarkshire Council. The pub is surrounded by private and local authority housing, local amenities and primary schools are within walking distance, with a regular bus service running along Logans Road.

Premises Details:

INTERNAL DETAILS

Public Bar – Located to the front of the property is a spacious public bar with large single bar servery and pool table at one end. Seating is a mixture of freestanding bar stools, perimeter seating and free-standing tables and chairs, set on a tiled floor. There are also 2 flat screen televisions and games machine. Male and female toilets

Lounge Bar/Function area – With its own access from the lane, again this is a spacious area laid out on a split level, with curved bar servery and wooden dance floor in the corner. Perimeter seating with additional free-standing tables and chairs with carpet floor covering throughout. Male and female toilets

Ground Lease
The ground lease is payable to the local council in 2 instalments and is £6,400 plus Vat, in total, per annum.


ANCILLARY AREAS

2 x male and female toilets
Extensive back of house areas including office, Cellar, storage, staff room, boiler room and small wash area with sink.

Energy Performance Rating:
G

Business Operation

Years established:
Client has owned the pub since 1998

Other Information

Related Documents: