Agent expects buyers to swoop on Cumbernauld pub
A CUMBERNAULD pub that’s being marketed on behalf of Spirit Group is expected to attract a high level of interest from potential buyers.
Agent CDLH claims The Kingfisher’s location, in a busy residential area close to the main route into the town centre, coupled with its competitive asking price, is likely to catch the eye of buyers looking to snap up a freehold.
The business benefits from local and passing trade.
“The Kingfisher is a large public house with lounge bar/restaurant plus commercial kitchen in Cumbernauld,” said Alan Creevy of CDLH.
“The unit benefits from local trade in a densely populated residential area off a main arterial route into Cumbernauld town centre.
“We anticipate a great deal of interest in The Kingfisher site which has been placed on the market at a highly attractive price of offers over £225,000.”
CDLH is also handling the sale of the Muirholm Bar and Restaurant in the village of Cardross, near Helensburgh.
The business comprises a traditional public bar with a restaurant and conservatory.
The agent’s Kevin Hunter said the premises is available to buy leasehold on a new lease at nil premium with a minimum of 15 years at an initial rent of £25,000 per annum; or freehold. The freehold is being marked with a tenanted four-bedroom flat located above the restaurant, which has its own separate entrance.
“The Muirholm is an imposing sandstone property in the waterside village of Cardross, minutes’ walk from the main train station which provides good links to Glasgow city centre and the north west,” he said. “We have been instructed to lease the public bar and restaurant or acquire the property in its entirety.“
Images – The Kingfisher in Cumbernauld (top) and Muirholm Bar and Restaurant in Cardross (above) are for sale through CDLH.