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5 Gilcomston Steps - Gilcomston Bar 2,310 SF Retail Condo Unit Offered at $161,531 in Aberdeen AB25 1UW
Investment Highlights
- Established and Well-Known Public House within Central Aberdeen
- Traditional Bar with Character Trading Areas and Loyal Local Customer Base
- Prominent Position in the Popular Gilcomston Area, Close to City Centre
- Attractive Opportunity for Owner-Operators or Investors within the Licensed Trade Sector
Executive Summary
This property comrpises retail accommodation of masonry construction.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
Gilcomston Bar is an established and well-regarded public house situated within the popular and densely populated Gilcomston district of Aberdeen. The
property benefits from a central urban location, close to the city centre, with strong surrounding residential catchment and good connectivity to local amenities,transport links and employment hubs. The bar has traded successfully for many years as a traditional community public house, offering a
welcoming environment and consistent wet-led trade. The business is well known within the local area and benefits from repeat custom and a loyal customer-base. The property presents an excellent opportunity for a new owner to continue operating an established bar business, with scope to develop the offer through extended opening hours, enhanced food provisions (subject to consent), events, live sport or entertainment. The business is being offered with a tenant in place or with vacant possession, due to the owner’s decision to pursue other interests.
property benefits from a central urban location, close to the city centre, with strong surrounding residential catchment and good connectivity to local amenities,transport links and employment hubs. The bar has traded successfully for many years as a traditional community public house, offering a
welcoming environment and consistent wet-led trade. The business is well known within the local area and benefits from repeat custom and a loyal customer-base. The property presents an excellent opportunity for a new owner to continue operating an established bar business, with scope to develop the offer through extended opening hours, enhanced food provisions (subject to consent), events, live sport or entertainment. The business is being offered with a tenant in place or with vacant possession, due to the owner’s decision to pursue other interests.
Sale Notes
The units are set on the ground floor of a traditional tenement building. The property also has a cellar in the basement.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit BSMT & Bar | 2,310 SF | Retail | $161,531 ($69.93/SF) | - |
Unit BSMT & Bar
| Unit Size |
| 2,310 SF |
| Condo Use |
| Retail |
| Price |
| $161,531 ($69.93/SF) |
| NOI |
| - |
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Unit BSMT & Bar
| Unit Size | 2,310 SF |
| Condo Use | Retail |
| Price | $161,531 ($69.93/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| Gilcomston Bar is an established and well-regarded public house situated within the popular and densely populated Gilcomston district of Aberdeen. The<br> property benefits from a central urban location, close to the city centre, with strong surrounding residential catchment and good connectivity to local amenities,transport links and employment hubs. The bar has traded successfully for many years as a traditional community public house, offering a<br> welcoming environment and consistent wet-led trade. The business is well known within the local area and benefits from repeat custom and a loyal customer-base. The property presents an excellent opportunity for a new owner to continue operating an established bar business, with scope to develop the offer through extended opening hours, enhanced food provisions (subject to consent), events, live sport or entertainment. The business is being offered with a tenant in place or with vacant possession, due to the owner’s decision to pursue other interests.</li></ul> | |
| Sale Notes | |
| The units are set on the ground floor of a traditional tenement building. The property also has a cellar in the basement.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,310 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,155 SF |
| Property Subtype | Bar | Year Built | 1885 |
| Building Class | B | Tenancy | Single |
| Total Building Size | 2,310 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Bar |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 1,155 SF |
| Year Built | 1885 |
| Tenancy | Single |
Amenities
- Storage Space
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5 Gilcomston Steps - Gilcomston Bar
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