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Description
RARE PURCHASE OPPORTUNITY Popular bar premises located on busy high street. Tenant in situ £15,000 per annum. New 10 YEAR 2026 Lease secured. Fantastic high yielding long term investment opportunity.
The popular bar well-known to locals as Bar 20:10, Comprises a main bar area with ample seating, male and female toilets and cellar with excellent storage space.
*** NEW 10 YEAR 2026 LEASE IN PLACE £15,000pa ***
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION on bury High Street
High Street puts you at the heart of Johnstone — shops, cafés, local businesses, and the civic hub are all within walking distance.
RARE PURCHASE OPPORTUNITY**Popular bar premises located on busy high street. The popular bar well-known to locals as Bar 20:10, Comprises a main bar area with ample seating, male and female toilets and cellar with excellent storage space. The longstanding tenant is looking to wind down the current business, offering an opportunity for the new owner to re-tenant or consider converting for a variety of different uses(subject to planning) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION on bury High Street *** Potential Rental £16,000 PER ANNUM High Street puts you at the heart of Johnstone — shops, cafés, local businesses, and the civic hub are all within walking distance.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2036
Rent: £15,000 per year / £1,250 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Tenant in situ £15,000 per annum. New 10 YEAR 2026 Lease secured.
Maps & Location
Map Street View SatelliteThe High Street area is very active, with a mix of retail, business, and residential use. According to the town-centre vision, High Street and surrounding streets host a variety of business types, supporting both local retail and service sectors. Johnstone remains a “strategic shopping centre,” which supports the long-term viability of businesses in the High Street region. Good transport links: Johnstone is well connected via rail and road, making commuting practical.
Document Downloads
Pricing Information & Bidding
Opening Bid: £107,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
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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 for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 80High Street, Let Hospitality Investment, Johnstone, Renfrewshire