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High Yielding Public House Investment In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
Not applicable
Net Profit:
Not applicable

Public House Investment
t/a McNeills, 106 Torrisdale Street, Glasgow, G42 8PH

• Long established public house investment opportunity
• Well performing business. 271 Barrels with draught beer tie
• Strong trading position in Glasgow’s south side
• Just off Victoria Road & adjacent to Queen’s Park Station
• Within busy residential & commercial area
• Substantial licensed premises over 2 floors (Capacity: 303)
• Long standing tenant. Rental income £30,000 p.a. excluding barrelage income

The property has been let out to the same tenant for the last 8 years approximately. The property is held on a full repairing and insuring (FRI) head lease on the following terms:

Tenant: Sergio1969 Ltd
Term: 5-year lease from 7th December 2021
Passing Rent: £30,000 p.a.
There is also a draught beer tie with TCB which a new landlord could benefit from. Current barrelage is 271 barrels.

A copy of the lease can be made available to interested parties.

The existing business is operated by the current tenant and is unaffected by the investment sale.

Property Information




The subjects benefit from an excellent trading position on Torrisdale Street which links Victoria Road with Pollokshaws Road (A77), in the heart of Glasgow’s popular and vibrant south side.

The subjects are situated witjin a densely populated residential area characterised by traditional sandstone tenement style properties, with a good mix of students, young professionals and families etc. It is also an extremely busy commercial area, positioned just off Victoria Road which is an extremely busy commercial thoroughfare with many shops, offices, cafes, bars and restaurants. Nearby operators include Sainsbury’s Local, Boots pharmacy, Savers, Ladbrokes, Bank of Scotland, as well as many independent operators.

The subjects also benefit from their position beside Queens Park railway station with regular services to Glasgow Central. There are also numerous bus routes from both Victoria Road and Pollokshaws Road which are both a short walk away. The subjects are also a short walk from Queens Park Public Park which offer a number of recreational activities.

Premises Details:

The subjects form ground and first floor of this 2-storey terraced property under a flat roof.

Internally the subjects comprise a traditional public bar area on the ground floor with an overall capacity of 126 as well as a first floor function/ live music area with a capacity of 177. Ancillary areas comprise male and female toilets on both levels, beer cellar, kitchen and ancillary storage areas.

Energy Performance Rating:

Other Information

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