Charming Traditional Public House near Dundee City Centre, Close to Stadiums, in Busy Residential Area - FREEHOLD £150,000
City of Dundee, Dundee
- Status
FOR SALE
- Date Submitted:
14/07/22
- Advert ID
298913
- Reference
1491 / Rightbiz
- Call Agent:
- Freehold: £150,000
- Turnover: N/A
- Net Profit: On request
Business Details
Traditional public house located on Hilltown, a short stroll from Dundee city centre.(ref 1491)
Traditional public house. Highly visible corner site. Located close to Tannadice and Dens Park. Heavily populated residential area. Significant recent investment in Dundee. Currently tenanted.
FREEHOLD Guide Price: £150,000 VAT.
The Hill Bar is located towards the northern end of Hilltown, close to where the road becomes Strathmartine Road. Positioned alongside Hilltown Park, the city centre and popular tourist attractions are all within a 15-minute stroll from the property. Dundee is Scotland’s 4th largest city and has seen significant development over the last few years, much of which has happened around the first V&A Museum at the waterfront. The city is very popular with students residing here at the 2 universities.
This public house is currently tenanted thus offers an investment opportunity with the potential for future hands on involvement or development. Located close to both the football stadiums in Dundee to the north-east and Abertay University to the south it enjoys plentiful footfall. The area is also densely populated with a variety of housing nearby.
The property is being sold on a freehold basis with an ongoing lease. The lease ends December 2024 and the current rent is £13,000.
Freehold guide price of £150,000 plus VAT is sought for the heritable interest in the property and all fixtures & fittings pertaining thereto.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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