Freehold former bar with strong rental potential and quick reopening prospects.
Victorian stone building with tall ceilings and period character
A vacant former bar and restaurant in a prominent Ayrshire courtyard, offered freehold and set for auction. The building's Victorian stone frontage and tall ceilings give strong character, and the interior comprises an entrance, main bar, sitting area, storeroom and toilets — a straightforward layout for a restart as a hospitality venue.
The vendor states potential rental income of £15,000–£20,000 per year (c.9–12% yield on the guide price), plus a rateable value of £8,700 which may mean low business rates liability. Broadband and mobile signals are described as fast and excellent, supporting delivery/takeaway or back-office functions. The property is presented as requiring minimal refurbishment to reopen as a bar or restaurant, making it suitable for owner-operators or investors seeking quick income.
Important considerations: the building sits in an area classed as very deprived, which affects local spending power and may influence long-term footfall. The lot will be sold at auction, so buyers should allow time for the auction process and carry out all surveys and licence checks ahead of bidding. The current listing does not specify square footage or current licensing status; prospective purchasers should verify those details and estimate fit-out or compliance costs before purchase.
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