MapGuide price
£150,000Pub for sale
Blackadder Bar, 1 West High Street, Greenlaw, Duns, Berwickshire
Auction
Pub
Features and description
- Tenure: Freehold
- Exciting trading commercial property
- Healthy 11.3% rental yield at Guide Price
- Potential development on upper floors
Bar/restaurant
Impressive bar/restaurant, enjoying prime trading location centrally in the Borders town of Greenlaw. Extending to approximately 279 sq.m (3,003 sq.ft) over three levels, the immaculately presented bar/restaurant is trading on the ground floor, complemented by commercial kitchen/wash area, WC's and keg cellar. The first and second floors offer meeting room/private dining room, office, and an additional six rooms with development potential for letting rooms or owner/manager accommodation. The property is currently vacant, & was previously leased on a 10 year term (to 2031) with a rental income of £17,000 p.a which equated to a healthy 11.3% at Guide Price. The published Rateable Value of £10,100 may qualify for rates relief under the Small Business Bonus Scheme. This a fantastic opportunity for a first venture into commercial rental with income generated from day one, and could equally be a great addition to an existing commercial portfolio. Early viewing is essential.
Greenlaw, nestled in the Scottish Borders, lies in the gentle foothills of the Lammermuir Hills, around 35 miles south east of Edinburgh. Greenlaw's heritage is reflected in its historic architecture, including the fine church built in 1675 on earlier foundations, showcasing corbie step gables—a distinctive feature of the period. Greenlaw is a conservation area ensuring that Greenlaw retains its unique charm and historical significance.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
Impressive bar/restaurant, enjoying prime trading location centrally in the Borders town of Greenlaw. Extending to approximately 279 sq.m (3,003 sq.ft) over three levels, the immaculately presented bar/restaurant is trading on the ground floor, complemented by commercial kitchen/wash area, WC's and keg cellar. The first and second floors offer meeting room/private dining room, office, and an additional six rooms with development potential for letting rooms or owner/manager accommodation. The property is currently vacant, & was previously leased on a 10 year term (to 2031) with a rental income of £17,000 p.a which equated to a healthy 11.3% at Guide Price. The published Rateable Value of £10,100 may qualify for rates relief under the Small Business Bonus Scheme. This a fantastic opportunity for a first venture into commercial rental with income generated from day one, and could equally be a great addition to an existing commercial portfolio. Early viewing is essential.
Greenlaw, nestled in the Scottish Borders, lies in the gentle foothills of the Lammermuir Hills, around 35 miles south east of Edinburgh. Greenlaw's heritage is reflected in its historic architecture, including the fine church built in 1675 on earlier foundations, showcasing corbie step gables—a distinctive feature of the period. Greenlaw is a conservation area ensuring that Greenlaw retains its unique charm and historical significance.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
About this agent
Auction House Scotland - Scotland
Office 2, Craigs Business Centre
Macdowall St, Paisley, Renfrewshire
PA3 2NB
0141 376 7959Auction House Scotland is a robust, respected and experienced company with high service standards. As part of the UK’s leading network of regional auction rooms, we have an extensive database of national and international buyers, and as a result, hold an impressive selling success rate – selling 88% of lots across our 2022 in-room livestream auction sales. Our team include a mix of skilled property professionals with a combined 100+ years of experience in the property industry. With their expertise and honest advice, they can guide you as to the most suitable method of sale for your circumstances. Whether you are buying or selling at auction, our team will be there to guide you throughout the entire sales journey. Regardless of the property type, condition or location in Scotland, our team can help. Get in touch today on [use Contact Agent Button] for free auction advice.