The Woodcutter Bar
Asking Price £150,000
Freehold Going Concern, MAY LET
127 Merry Street, Motherwell, ML1 1JP
Contact Agent
Mark Jackson
Director
At a glance
The Woodcutter is a long-established pub in the centre of town, the current owner has been in place since 2019 and now looking to either sell or lease the business as a going concern.
Leasehold: Premium offers invited for the business, new FRI lease asking £13,000-£15,000 annual rent.
- Previous owner ran the business for over 50 years
- Wet Only
- Beer Garden to the rear
- Well suited to a multiple operator or hands on owner
- Owner may be willing to lease to an experienced operator
- May be suitable for alternative use STPP
The Opportunity
Situated in Motherwell, a busy commuter town with multiple successful pubs, bars and restaurants. It is home to the popular Strathclyde Country Park, and known in history as one of the main producers for the Scottish Steel Industry. It has a population of over 33,000 and is growing, with many ongoing housing developments within the town and outskirts. 12 miles outside of Glasgow, and close transport links to both Glasgow and Edinburgh.
The property is located on Merry Street, one of the main roads leading into Motherwell from Carfin and Cleland. Ongoing development of similar nearby sites demonstrate a demand for other alternative use classes such as retail/fore-court businesses/residential.
Nearby businesses include popular Chinese Buffett The Hup Lee, Wetherspoons and multiple food takeaway operators.