Glasgow’s iconic First & Last pub is on the market, seeking either a hands-on owner-operator, or an investor or existing pub group looking to add to their tenanted portfolio.
Long-established on the main thoroughfare of Maryhill Road, the First & Last is so named because it is the first pub encountered coming in from the suburbs of Milngavie and Bearsden – and the last Glasgow pub available on the road out of the city.
There is a public bar and lounge bar, giving an overall capacity of 154. The business is known as good ‘locals’ pub, with a loyal and regular clientele, but has a reputation for being welcoming, showing live sport on three big screens, and hosting regular karaoke nights.
It enjoys a prominent corner trading position, on the north side of Maryhill Road at its junction with Duart Street, opposite Maryhill Railway Station, approximately three miles to the north-west of the City Centre.
The neighbourhood is a busy residential area with a variety of housing types, from traditional tenement properties to modern developments, alongside a number of shops, trading estates, offices, pubs, restaurants and takeaways, ensuring the area is busy throughout the day and evening.
The pub will be made available with vacant possession – however it has been leased out for the last few years, achieving a rental of £25,000 per annum. The subjects are entered in the current valuation roll as having a rateable value of £24,100.
The First & Last is on the market for offers over £150,000, freehold, through Smith & Clough Business Associates.
