Pub/bar for sale

Freehold Guide price £95,000 + VAT

The Bank Bar is located on Bank Street in Alloa town centre. Bank Street is located towards the western part of the town centre in close proximity to Alloas 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 is not licensed, if the property was to be purchased for licensed use, the premises licence will need to be reapplied for.

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.

A guide price of £95,000 + VAT is sought for the freehold interest in the property, goodwill of the business and all fixtures & fittings pertaining thereto.