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Fitted public bar and lounge bar at ground floor level and function room at first floor level (separate entrance). Prominent corner site on the main retailing street within Port Glasgow.
GROUND FLOOR - Public Bar. At ground level, there is a large public bar and smaller lounge bar area, with ancillary customer toilets, storage area and cellar.
FIRST FLOOR - Function Suite. At first floor level there is a large function room, which has its own dedicated bar area, dance floor, seating, customer toilets and kitchen facilities.
The property is located at the junction of Princes Street and Huntly Terrace, very close to the Comet roundabout to Greenock Road, providing access to all main arterial routes.
The Sutherland Bar is a local bar and function facility, although has been closed for some time. The property remains fully fitted as a lounge and public bar at ground floor and function room at first floor. The Sutherland Bar is at the heart of Port Glasgow town centre, just a short walk from Port Glasgow train station. Port Glasgow itself has a population of approximately 16,000 persons and has seen significant investment in recent years, with a large retail development virtually adjacent, which includes Tesco Extra, Marks & Spencer and Next. Rateable Value The premises have a Rateable Value of £16,500, as at the 1st April 2023. A new occupier has the right to appeal the rateable value. Services We understand the premises are connected to mains water, electricity, gas and drainage. We understand that heating is from a gas fired boiler, although no warranty can be provided in relation to the condition of the services.
Full Address: 67-69 Princes Street, Port Glasgow, PA14 5JQ
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Pricing Information & Bidding
Opening Bid: £95,000
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
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Auction Details
Type: Timed Online Auction
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