PRIME LOCATION IN POPULAR SEASIDE TOWN
Ardrossan is situated approximately 35 miles to the south west of Glasgow City Centre. The town lies on the North Ayrshire coast in southwestern Scotland. The town has a population of approximately 11,000 and forms part of a conurbation with Saltcoats and Stevenston known as the 'Three Towns'. Communication links are excellent with regular rail and bus services and the A78 road bypass that connects to the M77 and the central belt of Scotland. Ardrossan was, historically a popular tourist destination for the densely populated central belt of Scotland.
The town has been regenerated over the last 20 years and is now a popular commuting town serving the larger towns in the area and Glasgow City. At the heart of the change has been the development around the 280 berth Clyde Marina. As well as the marina attractive new housing has been developed around Ardrossan's large old harbour and there are regular ferries to the Isle of Arran and Campbeltown. Meanwhile the southern end of the town, always the focus of the leisure side of Ardrossan's character, and has an attractive backdrop for the many trippers who find the beach at South Bay. The Castlehill Vaults lies in a good trading position in the heart of the town centre.
The Castlehill Vaults is arranged within part single and part two storey buildings under pitched and flat roofs. There are separate external accesses leading to the public and lounge bars.
With timber bar servery and attractively decorated throughout. There is a mix of fixed back and loose seating to accommodate approximately 30 persons.
Situated to the rear with bar servery and seating for approximately 40 persons including a rear snug which is also used as a customer games area.
Situated between public and lounge bars.
Accessed from the rear of the lounge bar, attractive partly covered beer garden. We would estimate seating for approximately 20 persons.
Beer cellar and stores (including two large stores situated on the first floor).
Rateable Value – RV£14,600
The subjects are currently rates exempt through the Small Business Bonus Relief Scheme.
We understand that the premises are connected to all mains services, including water, gas, and electricity. The heating system has recently been fully upgraded with new radiators and a new gas fired boiler.
There is a premises licence in place under the 2005 Licensing (Scotland) Act.
The premises have been operated by the same tenant for a number of years. However, the current tenant has decided to retire from the licensed trade. The Castlehill Vaults provides a quality, fully fitted licensed premises, within a good trading positing in the centre of the town. This is a first class opportunity for an experienced publican to acquire a licensed premises at very low ingoing costs and develop a quality business.
The premises are available at Nil Premium. The asking rental is £20,000 per annum. A tenant deposit of £10,000 will be required from an incoming tenant.
The property has an EPC rating of E.
VIEWING & FURTHER INFORMATION
For further information or to arrange a viewing, please contact Kevin Hunter at the Glasgow office on 0141 331 0650.
Designed & built by Mucky Puddle