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The Market Bar, Highland

Scotland

£375,000

Listed on 19/05/2026

Property Details

Bedrooms
4
Type
Pub

Description

Situated in a prime location within Inverness city centre, this historically significant property, known as The Market Bar, is well-established as a traditional pub and live music venue. Operating since the 1740s, it has been under the current ownership for nearly four decades, earning a solid reputation among both local patrons and visitors. The premises span three floors and includes a substantial basement, with the ground floor serving as a public bar while the first floor features an active music venue that can host up to 60 guests. Notably, there is untapped potential on the second floor for development into an events space or alternative use, pending necessary approvals. Currently, the establishment operates solely on wet sales, indicating a significant opportunity to expand revenue through food offerings or additional services. The property retains many original features that contribute to its charm while presenting possible avenues for renovation and enhancement. The surrounding area has seen recent developments that have increased foot traffic and attractiveness of the locale. This property not only offers immediate income potential but also invites strategic investment to diversify offerings and fully utilize its spacious layout across multiple levels. With ample scope for reconfiguration and expansion of trading options, this presents an appealing investment opportunity in a resilient market.

Investment Analysis

(IV1 area)
Area Average
£231/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (IV1)

Area prices are falling by -7.5% over the last 12 months
3 year growth: +8.3%
5 year growth: +6.5%
Investment Disclaimer: Analysis based on IV1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Market Bar, Highland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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