Summary - YE OLDE FRIGATE BAR, 57, NETHERKIRKGATE AB10 1AU
1 bed 1 bath Pub
Freehold hospitality asset with strong footfall and refurbishment upside for experienced operators.
- Freehold pub in prime city centre location
- Traditional granite façade with period character
- Trading across three floors; multiple function spaces
- Free of brewery tie; high annual barrelage
- Requires renovation and kitchen upgrade for compliance
- EPC rating E
- Located in a busy student/commuter neighbourhood (variable trade patterns)
- Rateable Value £31,500 (from 1 April 2023)
Ye Olde Frigate Bar is a historic, three‑floor freehold pub in Aberdeen city centre, trading independently with high annual barrelage and strong town‑centre footfall. The granite‑fronted building retains period character and multiple trading spaces: a ground‑floor bar (c.50 capacity), a first‑floor function room with its own bar (c.50), a lounge for private hire and a second‑floor room with a small kitchen. All fixtures and fittings included, offering immediate trade continuation.
This is a clear opportunity for an experienced operator or investor seeking a central hospitality asset with scope to increase revenues through refurbishment, upgraded kitchen compliance, and refreshed trading areas. The free‑of‑tie status allows buyers to renegotiate supply and offer tailored drinks ranges to students, commuters and city visitors.
Buyers should note the property needs renovation to modernise operations and the second‑floor kitchen requires upgrading for compliance. The EPC rating is E. The location sits in a very deprived, cosmopolitan student neighbourhood which brings lively footfall but can mean variable daytime trade and demand for late‑night/casual offerings. Business rates reflect a Rateable Value of £31,500 (from 1 April 2023).
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