Large four‑storey former pub with redevelopment potential, offers invited over £95,000.
Prominent Lochnell Street town‑centre frontage with immediate trading potential
Large mixed‑use footprint across four storeys plus separate rear store
Category C listed — consent constraints and listed‑building costs likely
Requires full modernisation throughout; internal condition unconfirmed
Qualifies for 100% Small Business Rates Relief (subject to occupier status)
No flood risk; mobile signal excellent, broadband average
Limited external amenity — small paved rear yard/courtyard only
Located in a very deprived area — impacts on local demand and turnover
A substantial town-centre mid-terraced building currently trading as a traditional public house with four floors of accommodation and a detached rear store. The property occupies a prominent high‑street position on Lochnell Street with immediate frontage and short walk to local amenities, offering straightforward continued use as a pub or scope for conversion into residential or commercial units (subject to required consents).
Key value drivers include the building’s size and mixed-use layout: ground floor trading space, first-floor function/kitchen area and upper‑floor rooms plus attic storage, together with a separate rear store. The rateable value qualifies for 100% Small Business Bonus Scheme relief (subject to occupier status), and there is no flood risk noted for the site. Mobile signal is excellent, useful for operators and short‑term lets; broadband speed is average.
Important constraints are equally clear. The property is Category C listed which will restrict alterations and may add complexity and cost to redevelopment or refurbishment. The building requires modernisation throughout and external redecoration/repairs are evident; internal condition is not shown and renovation costs should be allowed for. The town is classified as a very deprived area with an outer‑city hardship profile, which may affect demand and turnover should the property continue as a leisure business.
This is a hands‑on opportunity aimed at investors or developers comfortable with refurbishment and listed‑building processes. Offers are invited over £95,000 for the heritable interest; interested parties should allow for legal and consent costs and carry out their own surveys to confirm condition and scope for change.
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