The Hole in the Wa'

1 Argyle Street, Greenock PA15 1XA
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Ref: 6854114
FreeholdOffers Over - £210,000

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Brian Sheldon
Brian SheldonRegional Director

At a glance

  • Traditional Public House
  • Single Bar Operation
  • 100% Wet Sales
  • Well Located within the Townwell
  • Ideally Suited to Private Operator
  • Well Fitted out Internally | Energy Rating B
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The Hole in the Wa'
1 Argyle Street, Greenock PA15 1XA
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Ref: 6854114

The Hole in the Wa'

Description

Occupying the ground floor of a traditional stone building, built from grey/brown sandstone, common in west‑coast towns like Greenock. The pub occupies a mid-terrace position of similarly properties with signage above and entered directly from the street.

Location

The Hole in the Wa' is located within Greenock Town Centre, near West Blackhall Street and close to shops, banks, and other public houses. It is a short walk from Greenock Central or Greenock West train stations. Greenock sits on the south bank of the River Clyde, about 25 miles west of Glasgow. A historic Clyde port town with strong shipbuilding roots, a dramatic hillside setting, and a mix of scenic views and post‑industrial challenges.

Internal Details

A long and narrow pub where the bar servery is located to the right hand side, with perimeter booth style seating to the left hand side. Bar stools surround the bar servery with additional seating to the rear of the premises. Very much a traditional bar with fonts on the servery and fully stocked gantry to the rear. Ladies and Gents WC's and small office are located to the rear of the servery.

Fixtures & Fittings

The public house is adequately furnished and presented in first class order. The majority of fixtures and fittings are owned and a full inventory will be made aware at the time of sale.

The Opportunity

Very much a 'local', the pub has a steady and loyal clientele. The age group varies, a mature local crowd pub with a steady base of regulars, rather than a young nightlife-driven venue. There are actually strong opportunities for a place like The Hole in the Wa’ because pubs like this have something many newer bars don’t: authenticity. A few suggestions could be to introduce one or two craft beers, host music/quiz nights and perhaps more of a social media presence.

Staff

The pub is operated with a full-time member of staff together with minimum part-time staff.

Trading Information

The financial year end for the business is 30 August and turnover to year end 2025 is c.£246,000 Net of VAT. Accounts will be made available to interested parties after formal viewing.

Trading Hours

Sunday to Thursday 11.00am to 11.00pm Friday & Saturday 11.00am to 1.00am

Business Rates

The Rateable Value is £13,000 with effect from 1 April 2026. Confirmation of actual business rates payable should be obtained from the Local Authority.

Regulatory

Premises Licence