Sandeman Perth
Summary
Built in 1898 and once home to the historic Sandeman Library, this beautiful split-level venue is one of Perth’s most iconic hospitality buildings.
Description
Built in 1898 and once home to the historic Sandeman Library, this beautiful split-level venue is one of Perth’s most iconic hospitality buildings. Now operating as a vibrant city-centre pub since 2000, it still retains charming original features – including library shelving tucked away upstairs – giving it a touch of old-world character that locals say gives off a "Harry Potter vibe"!
This spacious site offers huge potential for a food-and-drink-led business and is known for its welcoming, community-led feel. It’s relaxed during the week with food and drink deals Monday to Thursday, and trades until 12:30am on weekends – catering to everyone from locals to students, families to sports fans.
To learn more about our Scottish Turnover Lease click here.
Key Features
• Spacious ground floor with a bright and airy open-plan bar and dining area
• Split-level layout with booth seating, high tables, and loose furniture for flexible zoning
• Commercial kitchen with central cookline, in very good condition
• Last refurbished in 2017, the site remains in excellent condition
• Unused upper floors full of historic charm, including the original library fittings (requiring investment to develop further)
• No outdoor space, but strong indoor trading potential and great natural light
Business & Financial Information
• Estimated ingoings (upfront): £9,545
• Full deposit: £8,750
• Agreement fee: £795
• Guide rent (weekly): £673
• Guide rent (annual): £35,000
• Forecast turnover (weekly): £732,018
• Forecast turnover (annual): £732,017
Ideal Operator
This opportunity calls for a confident and experienced operator with a clear vision for elevating a strong foundation into something exceptional.
You’ll thrive here if you:
Have experience across food, drink, and events
Can confidently lead and inspire a team
Are commercially minded and can manage a high-volume venue
Understand community connection and local engagement
Bring creativity to programming (think sports-led offers, brunches, themed events)
The successful operator will balance the building’s heritage with a modern offer that drives consistent footfall and customer loyalty.
Private Accommodation
There is no private accommodation available at this site.
Regional Manager's Thoughts
The Sandeman is a stunning building with untapped potential. It already trades well, but with the right operator, this could become a flagship venue in Perth. There’s scope to grow food, events and drinks revenue – especially by using the building’s historic features as a backdrop for standout experiences.
I’m looking for a tenant with passion, energy and vision. Someone who understands this building's unique story and knows how to create a modern, social experience without losing its charm. The dream candidate will combine operational excellence with big ideas – someone who can turn a much-loved pub into a must-visit destination.
Surrounding Area
The Sandeman sits proudly on the corner of Kinnoull Street and Mill Street in Perth’s historic city centre – a key junction that sees strong footfall throughout the day. Mill Street is a popular pedestrian route filled with shops, cafés, historic buildings, and local bus stops, making this a natural gathering spot for residents and commuters alike.
Upfront cost
£9,545
Cost type:
Upfront
Key facts
Upfront cost
£9,545
Turnover (annual)
£732,017
Rent
£35,000 (annual)
Location
Sandeman Building, Perth, Perth and Kinross PH1 5EZ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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