Substantial freehold former pub in central Perth — renovation project with strong location and value potential..
- Approximately 4,736 sq ft over two levels, substantial floorplate
- Freehold; sold at auction with guide price £50,000
- Requires full refurbishment; heating and insulation need upgrading
- No premises licence included; licence application required
- EPC rating D; published rateable value £21,200
- Excellent mobile signal and fast broadband on site
- Located minutes from Perth city centre; student/commuter footfall
- Buyer’s premium/auction fees payable on completion
A rare freehold commercial opportunity in Canal Street, Perth — formerly the Mucky Mulligans public house — offering around 4,736 sq ft of dual-level accommodation. The property occupies a central, convenient location minutes from Perth city centre in a student-and-commuter neighbourhood, giving clear let or re-opening potential for a hospitality, leisure or mixed commercial use subject to permissions.
The building is sold at auction with a low guide price of £50,000, reflecting its renovation requirement and the absence of a premises licence. Internal layout includes large open bar areas, kitchen, keg/store rooms and a first-floor function room. Services have not been tested; heating is electric room heaters and the stone walls are assumed uninsulated, so buyers should budget for upgrades including heating, insulation, kitchen fit-out and compliance works.
Key practical facts: freehold tenure; EPC D; published rateable value £21,200; buyer’s premium applies at auction. Broadband and mobile signal are reported fast and excellent respectively, supporting modern POS and online bookings. The surrounding area provides strong footfall from students, commuters and nearby leisure attractions, helping a re-opened or repurposed concept achieve traction quickly.
Material drawbacks are clear and important: the property needs substantial renovation, the sale does not include a premises licence, and there is an assumed lack of wall insulation and basic heating. Investors should factor in refurbishment costs, licence application timescales, and auction purchase fees when assessing viability. For those able to invest in works, the size, central location and competitive guide price create tangible scope to add value.