Commercial premises for sale by auction – offers over £150,000

A substantial town centre commercial premises extending to approximately 329.2 sq m / 3,543 sq ft, formerly trading as Pulse Nightclub and more recently associated with Vibe Nightclub. The property is offered with vacant possession, providing an exciting opportunity for an owner-operator, investor or purchaser seeking a leisure, hospitality or alternative commercial use, subject to all necessary consents.

Located on Graham Street in the heart of Airdrie town centre, the property benefits from a prominent central position close to surrounding retail, hospitality and transport amenities. The premises have historically operated within the licensed leisure sector and may suit continued use as a nightclub, bar, events venue, private members’ club, studio, leisure facility, hospitality venue or redevelopment opportunity, subject to planning, licensing and statutory requirements.

Key Features

* Auction guide price: offers over £150,000
* Vacant possession
* Approx. 329.2 sq m / 3,543 sq ft
* Former nightclub / licensed leisure premises
* Town centre location
* Suitable for owner-occupier or investment purchase
* Potential for alternative commercial uses, subject to planning
* Previously linked to Pulse Nightclub and Vibe Nightclub
* Vibe Nightclub is listed online at 11 Graham Street with venue capacity shown as 250 on Skiddle, although buyers should verify capacity and licensing independently.

Planning & Licensing Notes

The premises’ historic nightclub/leisure use should be verified by purchasers through North Lanarkshire Council. In Scotland, assembly and leisure uses generally fall under Class 11, which includes uses such as dance halls, discotheques and indoor leisure uses, while some alcohol-led or specialist uses may be treated as sui generis depending on the precise operation.

Any purchaser wishing to operate a licensed venue will need to satisfy themselves regarding the current status, transferability or requirement for a premises licence, personal licence, occasional licence, extended hours, entertainment, late hours catering or any other relevant consent. North Lanarkshire Council provides application routes for premises licences, licence transfers, variations and occasional licences.

Business Rates

Purchasers should confirm the current Rateable Value of £11,800, effective from April 2026, and any rates liability via the Scottish Assessors Association / Lanarkshire Valuation Joint Board. The Scottish Assessors portal provides valuation roll and rateable value information for non-domestic properties in Scotland.

Location

Airdrie is a well-established North Lanarkshire town with a strong local population, town centre services, retail, hospitality and transport links. The property’s central location may appeal to commercial occupiers seeking visibility and accessibility within the town centre.

Important Notice

All planning, licensing, rates, floor areas, services, capacity and permitted use should be independently verified by interested parties and their professional advisers prior to bidding.

Auctioneer comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Settle within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Land and Buildings Transaction Tax (LBTT) and we recommend purchasers to check their liability with their solicitor.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.