Large open plan pub premises (currently closed). Situated in a prominent trading location in central Alloa. Ground floor level only. Premises licence. Would suit a variety of different uses including retail, coffee shop, office, restaurant, childrens nursery etc. Rateable value £13,600 as per April 2017 (rates exempt). Large open plan bar.
FREEHOLD Guide price £130,000 + VAT*. (*LEASEHOLD OFFERS CONSIDERED)
The Bank Bar is located on Bank Street in Alloa town centre. Bank Street is located towards the western part of Alloa’s town centre in close proximity to Alloa’s civic buildings, ASDA supermarket, the main town centre tourist area and set amidst a variety of retail shops, offices, as well as licensed and leisure businesses.
Alloa is the centre of the Clackmannanshire region and is home to an estimated 20,000 residents. The town has gone through significant development in recent years with additional residential housing on the outskirts as well as the arrival back to the town of the railway and railway station for the first time since the 1960s. Alloa is connected easily by a train service on the Stirling to Bathgate line connecting with both the Edinburgh and Glasgow lines at these points. The town is equidistant between Glasgow and Edinburgh, close to larger central Scotland towns located close by including Stirling and Falkirk.
The Bank Bar traded as a successful town centre pub for many years. Whilst owned by our clients it has been leased out to a number of tenants during their period of ownership. The property is a non-core asset in terms of our clients businesses, therefore the property has been placed on the market for sale.
At present, the premises holds a Premises License suitable for public house/ restaurant use. It is thought that options in terms of property uses is wide and varied including coffee shop, restaurant premises, childrens nursery, offices, as well as a variety of other retail uses.
Freehold. Leasehold offers may be considered – more details on request.
A guide price of £130,000 + VAT is sought for the freehold interest in the property, goodwill of the business and all fixtures & fittings pertaining thereto.
