Commercial Property
Income-generating, town-centre premises
A stone built, two-storey bar occupying a prominent corner position at the junction of Yorke Street and Ormerod Street. The property has been extensively refurbished since its conversion into a bar in 2019 and comprises an open plan, modern bar seating area to the ground floor and a second bar with a dance floor to the first floor. The property has been fitted to an excellent standard and benefits from dual air conditioning, a multi-fuel stove, modern lighting, a multi feature exposed stone walls, attractive hardwood and laminate flooring and wooden panelled bars to both floors. The property is let to a well established bar operator by way of a new 3 year lease which commenced on 24th June 2025, at a current passing rent of £30,000 per annum.
Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 2.4% of the purchase price (subject to a minimum of £2,400 inc. VAT)
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
