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Hummingbird

186 Bath Street, Glasgow, Scotland G2 4HG
Ref: 6854057
FreeholdOffers Over - £900,000
LeaseholdNil Premium
Annual Rent£90,000

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Tony Spence
Tony SpenceDirector - Hospitality
Brochure

At a glance

  • Prime City Centre Location
  • Multi-purpose Licensed Venue
  • Well Decorated and Modern Throughout
  • Would suit a variety of different concepts
  • Outdoor Terrace, Lease available
  • Energy Rating E
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Ref: 6854057

Hummingbird

Description

An excellent opportunity to acquire a quality freehold licensed property in Glasgow City Centre. This fully converted townhouse includes a cocktail bar, karaoke pods and functions spaces over four floors.

Location

The property is situated on Bath Street in Glasgow City Centre. This is Glasgow’s prime office location and there are a number of international, national and local businesses represented in the area. The location comprises a mixture of former traditional townhouses, older style offices and more modern developments. Whilst the predominant use is offices, there are a collection of retail premises, cafes, restaurants and leisure uses servicing the area. The city has mainline railway stations at Glasgow Central and Glasgow Queen Street with connections throughout the UK. In addition, there is a comprehensive suburban rail network with connections to Greater Glasgow and beyond. An underground train system circles the city centre interconnecting with rail at Buchanan Street and Partick. There is a major bus terminus at Buchanan Bus Station.

Internal Details

Basement The Diskoteka can hold up to 100 guests, separated into a bar area with booth seating for c.16, dancefloor and DJ booth. This area leads to a private outdoor terrace. Ground Floor Large bar area with wooden tables and chairs, the spacious room has been tastefully decorated throughout and would suit a variety of different concepts going forward. First Floor The 'Posh Room' is based on the first floor with large windows allowing for plenty of natural light. The room is private and can accommodate for around 25 seated and 35 standing with buffet. Karaoke booths are also located on this floor. A small bar is to the rear with a single door providing access to a private mezzanine with fixed cloth seating and wooden tables and chairs. The mezzanine overlooks a further private bar. Second Floor The Penthouse can comfortably accommodate 40 seated and has been decorated to a high standard. This large room with private bar is perfect for large parties, private dining and special events.

Fixtures & Fittings

A full inventory will be provided to interested parties after a formal offer has been accepted.

External Details

A four storey property of stone construction with a pitched and slated roof. There is a small garden at lower ground for around 10 seated. Metered parking is available on a first come first served basis.

The Opportunity

An excellent opportunity to acquire a freehold licensed business in Glasgow City Centre. The property extends over four floors and includes a cocktail bar, restaurant, karaoke pods and function space. Hummingbird has received significant investment over the years and will require minimum capex from the ingoing purchaser. The property has been tastefully decorated throughout with other uses including cocktail masterclasses, hen parties, meetings and corporate events and baby showers. The business boasts good reviews across Google and TripAdvisor as well as having a strong following of over 20k on Facebook.

Business Rates

The Rateable Value as of 1 April 2023 is £78,000. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence
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