11 Scots sites for sale

By Joe Lutrario joe.lutrario@william-reed.co.uk

- Last updated on GMT

Related tags: Public house, Property law

Scottish agent Creevy LLH is marketing a group of 11 pubs located in the west-central area of the country. Creevy is marketing the sites, available...

Scottish agent Creevy LLH is marketing a group of 11 pubs located in the west-central area of the country.

Creevy is marketing the sites, available individually or as a single lot, on behalf

of James Hadleigh & Co, a small privately-owned company specialising in purchasing licensed property and carrying out high-quality refurbishments.

Ten of the pubs are freeholds, with prices ranging from £165,000 to £225,000.

The Brass Button, in Motherwell, is a private, free-of-tie ground lease available for a premium of £175,000 with rent of £8,000 and 80 years remaining on the lease.

The portfolio comprises a mixture of pubs located in town centres, busy arterial routes and in housing estates.

Some of the businesses are run under management and others are available with vacant possession.

Keith McBain, of Creevy LLH, said: "The properties on offer present a wide variety of opportunities - everything from the continuation of high-volume wet-led public house operations to pubs offering the chance to introduce good quality food offers or even conversion to restaurant use.

"Some of the properties within this portfolio are highly suited to long-term development, as they are being sold with sought-after development space, such as large car parks and service yards."

Related topics: Property law

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