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37 New St 1,851 SF Retail Building Stevenston KA20 3HD $464,715 ($251.06/SF)



Investment Highlights
- Popular, well-established & presented inn
- Public bar, large patio and beer garden
- Large self-contained 4 bed owners flat
- Completely refurbished 2014 (full kitchen added)
- Good reputation for food (c.40%)
- T/O for y/e April 23 is c. £400k net of Vat
Executive Summary
The Pop Inn is very deceiving from the outside due to its narrow façade and extends largely to the rear. Having had a refurbishment in 2014, the property is presented well throughout with the public bar and dining areas offered on an open plan basis, with a well-stocked bar gantry along one wall. Seating is by way of free-standing tables and chairs, perimeter seating and additional bar stools. Food is served throughout the day and can accommodate c. 30 covers with direct access from the side of the pub directly to the beer gardens and al fresco dining facilities at the rear, which can accommodate a further 30 covers. There is additional garden at the far end of the outside area. The kitchen to the rear of the property is accessed directly from the open plan bar. There is also a staircase leading to the owner’s flat which runs up the side of the building.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
1,851 SF
Building Class
C
Year Built
1960
Price
$464,715
Price Per SF
$251.06
Tenancy
Single
Building Height
2 Stories
Building FAR
0.04
Lot Size
1.00 AC
1 1
Nearby Major Retailers
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37 New St
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