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Former Vibez

24 St John Street, Coatbridge, Scotland ML5 3EJ
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Ref: 6854065
Leasehold£10,000 Key money
Pacht p. a.£17,500

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Tony Spence
Tony SpenceAssociate Director - Hospitality

Auf einen Blick

  • Bar
  • Well Positioned in Town Centre
  • New Lease Available
  • Premises License
  • Large Beer Garden / Smoking Area
  • Energy Rating G
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Former Vibez
24 St John Street, Coatbridge, Scotland ML5 3EJ
Ref: 6854065

Former Vibez

Beschreibung

A great opportunity to lease a licensed bar in Coatbridge town centre, the property is currently vacant with our client now offering a new lease for the right operator. The property is licensed for 250 and had previously served food.

Lage

The former Vibez bar is located on St John Street, in between Muiryhall Street and Main Street within the town centre of Coatbridge, North Lanarkshire. Glasgow City is around 11 miles to the west via the M8. Coatbridge Sunnyside Train Station is a short 10 minute walk and offers a service to Glasgow Queen Street, with the journey taking around 20 minutes. This line runs from Edinburgh Waverley to Helensburgh Central.

Innenräume

The main entrance is to the front of the property and leads to a large lounge area with fixed leather wall mounted seating. A small staircase leads to a further lounge with a large bar to the right and wooden/leather booths to the left. Seating on both floors can comfortably accommodate around 60. Customer toilets are to the right with a small seating area to the rear leading to the beer garden which can comfortably seat around 50. A snug is also situated to the rear with fixed seating to accommodate around 20. Within the main bar area is a DJ booth which could remain or alternatively be altered to provide additional floor space. The beer cellar and ample storage is located behind the bar and is accessed via a single door.

Ausstattung und Inventar

The ingoing tenant will benefit from the use of the existing F&F.

Außenbereich

A traditional ground floor property of stone construction with two extensions to the rear leading to a large beer garden / smoking area.

Das Objekt

A great opportunity to lease a licensed property in the heart of Coatbridge town centre. Our client purchased the property in 2024 and has now instructed Christie & Co to secure an experienced tenant on new terms. The former Vibez previously operated as a pub/bar often hosting club nights via Skiddle and FIXR. Coatbridge town centre has a popular leisure circuit to include bars, clubs and restaurants. There is existing fixtures and fittings within the property however, prior to reopening will require some capex. This is mainly cosmetic. The site would benefit from an experienced operator who is keen to be hands on in the running of the business, it could also easily fit into an existing portfolio.

Personal

The property is being let with vacant possession.

Besitztitel

New lease to be agreed.

Grundsteuer

According to the Scottish Assessors, the property qualifies for 100% rates relief under the small business bonus scheme.

Lizenzen/gesetzliche Bestimmungen

Premises License