Johnston’s Bar & Bistro and the Cooks of Stirling in Falkirk as an attractive investment opportunity and a licensed development site in Stirling, Scotland.
Johnston’s Bar & Bistro in Falkirk, situated at the bottom of the old Lint Riggs, is favourably positioned on the town’s high street surrounded by shops and stores. The three storey sandstone building consists of 45 covers on the ground floor and 40 covers on the mezzanine level.
Cooks of Stirling, a tastefully designed hotel and restaurant in Stirling’s city centre boasts an open plan over the ground and first floor levels with a separate private dining area for functions and inclusive of 7 boutique styled en suite letting rooms.
A development site on King Street in Stirling presents tremendous opportunity, comprising of a mid-terraced three storey building including a basement. Initially acquired with the development plans for a licensed lounge and restaurant with a dance floor in the basement level and letting rooms on the second floor, planning permission and the building warrant were obtained for the construction of a licensed venue.
Brian Sheldon, Regional Director at Christie & Co who is handling the sale comments; “We expect to see strong demand for the three properties and have already received ‘notes of interest’ on behalf of regional operators and investors whom are keen on the properties. Offers will be considered on an individual basis or as a package, and we expect a closing date for offers to be set after an initial marketing period.”
Christie & Co is seeking £325,000 for the freehold of Johnston’s Bar & Bisto, £550,000 for the freehold of the Cooks of Stirling and £495,000 for the freehold of the licensed development site.