BAR/TAPAS RESTAURANT TO LET – BRIDGE OF ALLAN

To Let

• PRIME TOWN CENTRE LOCATION

• FULLY EQUIPPED LICENSED BAR

• 45 COVERS

• 1,292 SQ FT

• OFFERS OF £22,000 PER ANNUM

• GOOD LEVELS OF NEARBY PARKING

• 100% RATES RELIEF (subject to qualification)

LOCATION

Bridge of Allan is a town in the Stirling council area in Scotland, just north of the city of Stirling. It lies on the Allan Water, a northern tributary of the River Forth, built largely on the wellwooded slopes of the Westerton and Airthrey estates, sheltered by the Ochil Hills from the north and east winds. Most of the town is to the east of the river; the bridge is part of the A9, Scotland’s longest road, while the railway line and the M9 pass to the west of the river. Bridge of Allan railway station is on the Edinburgh to Dunblane Line.

The subjects are located on the northern side of Allanvale Road in close proximity to its junction with Henderson Street. Henderson Street forms the main arterial road through the town leading to Stirling and as such benefits from a high level of passing trade.

DESCRIPTION

The subjects form the basement floor of a traditional end terraced four storey property of stone construction.

The restaurant provides seating area incorporating a mixture of traditional table and chairs and more relaxed seating providing 40-50 covers. The floor is of solid wooden construction whilst the walls are exposed stone. The front serving area provides a bar with coffee machine, refrigeration and storage unit.

The kitchen area is fully equipped with stainless steel appliances, basins, extraction system and refrigeration.

There are three storerooms and a large cellar which provides 6 pumps, chiller and extractor.

There are separate male and female w.c’s provided together with a disabled toilet.

THE BUSINESS 

The business formerly traded as “The Crook Bar” the establishment formed a popular bar and tapas restaurant within Bridge of Allan Town Centre.

The business closed due to the current owners retirement from the industry. The business was performing very well with good turnover and profit.

The fit out is to a high and modern standard and is ready for immediate occupation.

The bar offered a menu that was well received within the local community. (Copy of menu provided in above image).

We are happy to discuss the accounting information with seriously interested parties.

PROPOSAL

Offers of £22,000 per annum are sought for a new FRI lease. There will be a premium to include all inventory, trade fixtures and fittings and goodwill.

FLOOR AREAS

Basement (Bar/Restaurant) 120m2/1,292ft2

PLANNING

The subjects benefit from appropriate planning permission for their existing use as a bar/restaurant. All queries in relation to planning permission and use class of the subjects should be addressed to Stirling Council Planning Department.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale of the property.

RATING 

The Rateable Value of the property is £13,700.

The property is below the threshold for small business rates relief and as such qualifying occupants may benefit from 100% rates relief. Please contact local rating office for further information.

EPC

G.

 

PUBLICATION DATE 13/07/2020

Price:Offers of £22,000 per annum
Address:The Crook Bar
City: Allanvale Road
County:Bridge of Allan
Postcode:FK9 4NU
Floors:1
Square Feet:1,292
Parking:Nearby
Property Type:Bar/Tapas Restaurant
Lot size:1,292
Tagged Features:

Location Map