End terrace house for sale in Cumnock KA18, 2 Bedroom

Reference - 44527

Description
Glens bar and lounge has been owned by the current vendor for over 21 years. The business is now trading on a limited basis due to personal circumstance. The business is being sold due to the current vendor’s personal circumstance. The property offers an excellent potential for development into either residential properties or offers an excellent opportunity for redevelopment of the business. The property is in need of refurbishment and modernisation which is reflected in the asking price.

Situation
Glens bar is well located on Castle, the main street through New Cumnock.
New Cumnock is a town in East Ayrshire, Scotland. It expanded during the coal-mining era from the late 18th century and mining remained its key industry until its pits were shut in the 1960s. The town is 5.7 miles south-east of Cumnock, and 21 miles east of Ayr.

Building Internal
The property is a traditionally built stone semi-detached property. The property sits well within its own grounds, with large grounds to the rear. The main entrance is from the front, which in turns leads into the public bar and lounge/pool room. The public bar is located to the right on entering. The bar area is well presented with a large traditional bar located to the left on entry. The bar can accommodate 80 persons. To the left you will find the lounge/pool room. This room is served via a small bar counter accessed from the main bar.
To the rear there is space for a kitchen, along with ladies and gents’ facilities.
Located above the bar, you will find the accommodation. The flat is accessed from its own door off the front of the property. The flat comprises of two double bedrooms, lounge and kitchen along with a family bathroom.

Building External
The front of the property is straight to street. There is ample off street parking to the rear.

Services
We have been advised that all mains services are fitted.

Tenure
The property is held on the Scottish equivalent of Freehold

Accounts
No figures are available, the business is being sold without any trading figures.

Summary
The sale of Glens Bar and Lounge offers a great opportunity to purchase an excellent redevelopment opportunity.

Tenure
Offers in the region of £119,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, this will be available to all parties wishing to offer.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on .