Inverness’ The Market Bar, a hidden gem best known for hosting Billy Connolly and The Proclaimers, now up for sale
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The Market Bar, loved by locals and tourists alike, has hosted many debut performances of some of the best performers in Scotland, including: Paolo Nutini, Amy MacDonald, The Proclaimers and even Billy Connolly.
Local commercial estate agents, ASG Commercial, have confirmed that the much-loved Inverness institution is on the market, inviting offers at £415,000 — complete with the bar’s trade contents.
The fact that the current owners have successfully run this Inverness institution for nearly 40 years speaks for itself — the pub has excellent bar sales with an easy-to-operate business model. ASG Commercial believes that The Market Bar has the foundations to generate exceptional adjusted profits going forward.
This hidden gem is located on a pedestrian access route on Church Street in the heart of the Highland Capital, benefitting from its close proximity to the recently renovated Victorian Market.
Built in the 1740’s, The Market Bar is also one of the oldest pubs in Inverness, with three floors and a spacious basement. Trading elements of the business and the characterful bar are on the ground floor, with a popular music venue on the first floor. Although the second floor is currently unused, it benefits from development potential.
One of the most attractive features of this traditional bar is its ability to cater to two types of customers concurrently; those wanting to embrace the music scene and others wanting a quiet social drink. With a combination of good ales and traditional service, The Market Bar is an incredibly popular venue for locals and visitors alike.
With a very loyal local support, and proving to be highly popular among tourists, the iconic bar has strong management in place and is open seven days a week.
Commercial sales director at ASG Commercial, Leslie Callander said: “This property is a hidden gem, but it’s also the most revered pub in Inverness”
“When the current owners bought it in 1982, it was undervalued and they have invested heavily over the years to make this the great opportunity it is today, being on the market at a very attractive price. The owners are only selling because they wish to retire.
“This is an outstanding opportunity to purchase an iconic bar in the heart of Inverness city centre.”
ASG Commercial is widely regarded as the Highland market leader for commercial estate agencies. With the slogan “Our business is selling your business,” ASG Commercial is dedicated to giving professional advice on all aspects of buying and selling any type of commercial property.
To book a viewing for The Market Bar on 32 Church Street, contact ASG Commercial on info@asgcommercial.co.uk or 01463 714757.
View the online listing for The Market Bar here.
