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62 High Street
Elgin, Moray
IV30 1BU
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Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
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Technology House
9 Newton Place, Glasgow
G3 7PR
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63 Almada Street, Hamilton, South Lanarkshire, ML3 0HH

£50,000

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Newly Refurbished
For Lease/ May Sell
Fully Licenced Restaurant
High Footfall Location
Roof Terrace
Excellent Condition Throughout
On Street Patio
165 Covers in total
OIRO ÂŁ50,000

Description

The restaurant extends over two levels with a roof terrace and on-street patio currently facilitating around 165 covers. Previously operating as a popular restaurant and offering a turnkey opportunity to own and run a restaurant/bar in one of the highest populated towns in central Scotland. Early viewing is highly recommended.

Situation:
Hamilton is home to excellent shopping facilities, sports amenities including golf courses, swimming pool, gyms, and parks. Hamilton racecourse is within walking distance of the hotel. There are several highly regarded schools as well as the nearby Hamilton College. The town of Hamilton has a wide variety of restaurants, bistros and pubs and is home to South Lanarkshire Councils headquarters which is located directly opposite the property. For those commuting by public transport there are regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow, and Edinburgh. Hamilton. The nearby M74 motorway provides excellent road links throughout the west of Scotland.

Property:
The property has been recently fitted out to the highest standard and offers a modern environment to enjoy family meals and cocktails in the sun. Entrance to the property is through the on-street patio area and into a traditional vestibule which gives access to a modern, recently fitted restaurant/bar area with room for 90 covers, well-equipped commercial kitchen and ladies, gents, and accessible WC. Access to the first floor is from an exquisite spiral staircase, through a modern glazed door into the upstairs restaurant/bar area which leads to the roof terrace. The property has a modern yet traditional feel throughout with the exposed stone walls, candle lit fireplaces and modern furniture its easy to see why it was such a popular place to socialise.

External:
Externally the Property offers additional seating areas externally. On the first floor you will find a part covered roof terrace with patio heaters, parasols, tables, and chairs facilitating 26 covers. On the ground floor there is an ‘on street’ fenced patio area giving the opportunity to offer an additional 20 covers. To the rear of the property there is a convenient storage area.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ263 /mo.25 Years, 5% Interest
Loan
ÂŁ45,000
Total Repay
ÂŁ78,920

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ0

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