Iconic city centre venue. Great trading location in well recognised licensed circuit. A mix of a classical interior with modern twist. Two bar operation with separate entrances. Characterful and cavernous cellar bar. Ground floor “Wee Pub” ideal private functions exclusive use. Fully equipped service areas including kitchen. New FRI lease (5 years). Rent £95,000 pa. Valuable free of tie agreement. Historic and predicted turnover circa £1m. Great opportunity for motivated tenants. Rateable value £82,500.
LEASEHOLD: NIL PREMIUM. Rental £95,000. £15,000 deposit required on entry.
The city of Aberdeen is commonly referred to as the Oil Capital of Europe with a population of 230,000 and is the third largest city in Scotland in terms of population after Glasgow and Edinburgh.
The property occupies a very important city centre location, close to the new Marischal development, as well as the St Nicholas and Bon Accord Shopping centres. This is an excellent city centre trading location ideally positioned for capturing the local market as well as Students and shoppers in this busy city centre locale.
The business and property are offered for sale on a leasehold basis. New FRI (initially 5 years), rent of £95,000 as well as deposit of £15,000 payable on entry. The lease benefits from full free of tie enabling tenants to take full advantage of generous buying and brewery discounts.
The business trades with a public house license with regular extensions as well as class 3 consent.
The availability of the Illicit Still is a superb opportunity for a motivated individual(s) to acquire a well-regarded pub with huge future potential for new enthusiastic operators.
