Trading public house

New to auction is Budds Bar, a trading Public House close to the ever popular Ayr town centre. Well-presented throughout and enjoying strong local trade, the premises extend to approximately 97 sq. metres, and offer well-stocked bar area with small kitchen, open lounge offering pool and darts, and female and male WCs. The property has been tenanted from 2023 with the lease extending to November 2033, with the tenant being an experienced publican. Current rental income is £150 per week (£7800 p.a ) which represents an outstanding 15.6% rental yield at Guide Price, with rent reviews scheduled in each of 2026, 2028 and 2030. The published rateable value is £7600 which may qualify for relief under the Small Business Bonus Scheme. This would be an ideal addition to an existing commercial portfolio or a fantastic first step onto the commercial investment ladder. Early expression of interest is recommended.

Tenure

Freehold

Area

The popular seaside town of Ayr offers a wide range of national and local retail and leisure options, all set within an area rich in history, and enjoys strong demand from locals and tourists alike. The nearby A77 provides excellent transport links to Glasgow and further afield, with local bus and rail links also available.

Local Authority

South Lanarkshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.