Vacant licensed pub with cellar and strong footfall — auction sale, £70,000 guide.
Alcohol licence in place, ready for pub or licensed retail use
A rare commercial opportunity in central Larkhall: a vacant pub unit with an active alcohol licence and a versatile cellar for storage or cellar-level use. Previously let at £800 pcm, the property is being offered at a competitive guide price of £70,000 and will be sold at timed online auction — ideal for investors seeking immediate acquisition and upside.
The ground-floor trading area presents a traditional layout with modern decorative touches and a medium-sized bar/entertainment space. The location benefits from strong passing footfall on a busy street and practical connectivity (excellent mobile signal, fast broadband), supporting continued use as a pub or conversion to a retail or leisure operation.
Buyers should note material drawbacks: the unit is vacant and described as a fixer-upper, so refurbishment and fit-out costs are likely. The wider area is classified as very deprived, which can affect disposable income and long-term footfall patterns. Tenure is unknown and the property will be sold at auction — prospective purchasers must perform their own due diligence and be prepared to bid through the auction process.
For a commercial investor prepared to invest in refurbishment and local marketing, this premises offers clear yield potential at an entry price that reflects its condition and sale route. The alcohol licence, central location and cellar storage are practical advantages for many business models.