FOR SALE CATHEDRAL HOUSE HOTEL 28-32 Cathedral Square Glasgow G4 0AX Offers over 435,000 Glasgow city location, adjacent to Glasgow Royal Infirmary. Close to the M8 motorway network and Strathclyde University campus. Imposing detached attractive building. Large property with bar, restaurant, 8 letting bedrooms and beer garden. Also suitable for use as a guest house with car parking Fantastic opportunity to create and develop a valuable business. CD LH Leisure Hospitality Healthcare www.cdlh.co.uk
FANTASTIC CITY CENTRE GUEST HOUSE / LICENSED OPPORTUNITY Location Cathedral House Hotel is situated at the junction of John Knox Street and Cathedral Square, within the heart of Glasgow s most historic area. The premises lie directly opposite and overlook the Glasgow Necropolis, and adjacent to Glasgow Cathedral and Glasgow Royal Infirmary. In addition, Strathclyde University lies seconds walk away. Other historic buildings within the immediate vicinity include the Glasgow Evangelical Church, an A listed building, dating from 1878 and Provand s Lordship House, a medieval period historic house museum built in 1471. The premises lie within a highly attractive trading area. In particular, there are many business generators to the subjects for accommodation sales and, in particular, from tourists. Description Cathedral House Hotel is arranged within a highly attractive threestorey, attic and basement traditional stone constructed building, which appears to have been erected in 1896. The building itself benefits from architectural features, including stepped gables, turrets and a mix of pitched roofs, clad externally in slate. The ground floor is predominately used as the main bar, with a restaurant/kitchen situated at first floor and letting bedrooms arranged over the second floor and attic.
Accommodation GROUND FLOOR Public Bar Attractive traditional public bar with black and white tiled flooring around the bar servery. There is a timber bar servery, with a variety of seating areas arranged over split levels. We would estimate a total capacity for approximately 50 persons. There is a generally traditional ambience throughout. Customer Toilets Gents and accessible customer toilet situated to the rear of the ground floor. The ladies toilets are situated at mezzanine level between ground and first floors. FIRST FLOOR Restaurant Highly attractive restaurant with windows to the front and side, including a bay window feature. The ceiling height is high with ornate cornicing. The restaurant has a bar servery and the capacity for approximately 40 persons. There is separate external access from ground level. Kitchen Fully fitted commercial kitchen, situated immediately adjacent to the restaurant SECOND & ATTIC FLOORS Letting Rooms Seven double / twin and 1 single en suite rooms (total 8 en suite letting bedrooms). BASEMENT Cellar Keg chill room with external beer drop. Storage Room.
EXTERNAL Beer Garden Large paved beer garden situated immediately adjacent to the main building. The beer garden can accommodate approximately 50 persons. The beer garden is bounded by an attractive red brick walls. Services We understand the property is connected to mains water, electricity, gas and drainage. Heating is provided by a gas fired boiler and radiator heating system. Rates The subjects are entered in the valuation role with a current rateable value, with effect from 1st April 2017 of 22,500. The rateable value is currently under appeal. A new occupier will also have the right to appeal the rateable value. The Opportunity The premises were historically leased out and, therefore, our client does not have access to any detailed profit and loss accounts. The premises benefit from a highly attractive bar. In addition, there is a fitted restaurant with kitchen at first floor level and a total of 8 letting bedrooms on the upper floors. In our opinion, the premises would be ideal to continue with the existing use or, alternatively, conversion of the first floor restaurant/kitchen to additional letting accommodation with further expansion possibilities within the beer garden to the side. The building is substantial and in a prime trading location. This is an ideal opportunity for an owner/operator to develop a high quality first class business.
Alternatively, a purchaser may consider a guest house use only, converting the beer garden to a car park. Price Offers over 435,000 are invited for the benefit of our client s heritable interest in the premises to be sold as a fully fitted hotel/licensed premises. EPC We understand that the property has an EPC rating of G and a copy of the Energy Performance Certificate is available upon request. Viewing & Further Information For further information, please contact the Glasgow office on 0141 331 0650. All enquiries to be made strictly to CDLH only.
Viewing - Strictly by appointment For an appointment to view or further information, please contact: w: cdlh.co.uk t: 0141 331 0650 Kevin Hunter kevin.hunter@cdlh.co.uk Peter Darroch peter.darroch@cdlh.co.uk CDLH 166 Buchanan Street Glasgow G1 2LW T: 0141 331 0650 CDLH and for the Vendors of this property, whose agents they are, give notice that (i) the particulars are set out as a general outline only for guidance of intending operators and constitute that neither the whole or part of any offer or contract; (ii) all descriptions, dimensions, or references to condition and necessary permission for use and occupation of the hotel are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact but should satisfy themselves by searches, enquiries, surveys and inspections or otherwise as to the correctness of each of them; (iii) no person in the employment of CDLH has the authority to give any representation or warranty whatsoever in relation to this property (iv) any trading or financial information is for indicative purposes only, prepared at the time of publication and should not be relied upon and cannot be warranted in any way. Contains Ordnance Survey data Crown copyright and database right 2018