Entirely let to Stonegate Pub Company Ltd until 2041 (no breaks)
Lease recently extended for a further 10 years
5 yearly rent reviews
Approximately 695.91 sq m (7,491 sq ft)
Includes on-site car parking and outdoor seating area
Lot 20A
Auction 12th February 2026
Rent £68,000 per Annum Exclusive
Status Available
Guide* £675,000+
Sector Long Let Heritable Public House Investment
Auction Venue Live Streamed Auction
Property Information
Location
Miles
13 miles north of Ayr, 24 miles south-west of Glasgow,
Roads
A71, A76, A77, M77
Rail
Kilmarnock Railway Station (ScotRail)
Air
Glasgow Prestwick Airport (8 miles south), Glasgow International Airport (18 miles)
Situation
Kilmarnock is the administrative and commercial centre for East Ayrshire. The town is well served by road connections being located close to the A77, providing excellent communication to the surrounding areas and beyond. In addition, Kilmarnock benefits from regular rail services to Glasgow and Carlisle via Kilmarnock Railway Station, and is within 5 miles of Prestwick Airport which provides a range of domestic and international flight.
The property is situated on the east side of Bank Street in the heart of the town centre with a number of pedestrian links to King Street, the main retailing street in the town.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
13 miles north of Ayr, 24 miles south-west of Glasgow,
Roads
A71, A76, A77, M77
Rail
Kilmarnock Railway Station (ScotRail)
Air
Glasgow Prestwick Airport (8 miles south), Glasgow International Airport (18 miles)
Situation
Kilmarnock is the administrative and commercial centre for East Ayrshire. The town is well served by road connections being located close to the A77, providing excellent communication to the surrounding areas and beyond. In addition, Kilmarnock benefits from regular rail services to Glasgow and Carlisle via Kilmarnock Railway Station, and is within 5 miles of Prestwick Airport which provides a range of domestic and international flight.
The property is situated on the east side of Bank Street in the heart of the town centre with a number of pedestrian links to King Street, the main retailing street in the town.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property consists of two fully inter-connected traditional two storey buildings , with a significant frontage onto Bank Street and providing public house and restaurant accommodation on the ground floor with a modern extension to the rear. The first floor has been almost entirely removed to create aa attractive double height ceiling at the entrance to the property. The service and loading area to the rear is accessed via Nelson Street and this area also provides a rear seating area as well as five car parking spaces
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property consists of two fully inter-connected traditional two storey buildings , with a significant frontage onto Bank Street and providing public house and restaurant accommodation on the ground floor with a modern extension to the rear. The first floor has been almost entirely removed to create aa attractive double height ceiling at the entrance to the property. The service and loading area to the rear is accessed via Nelson Street and this area also provides a rear seating area as well as five car parking spaces
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground
Public House
695.91
(7,491)
STONEGATE PUB COMPANY LTD t/a The First Edition (1)
35 years from 21/12/2006 until 20/12/2041
£68,000
21/12/2026 and 5 yearly
Total
695.91
(7,491)
£68,000
(1) Following the acquisition of EI Group, Stonegate Pub Company is now the largest pub company in Britain with over 4,500 sites. The company operates traditional pubs in both high street and suburban locations, as well as leading branded bars including Slug & Lettuce, Yates, Walk about and Be At One (www.stonegategroup.co.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
