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SOLD - Saints No More, Leasehold

Tenure
Leasehold
Price Variable
Price On Application
Description
Location<br/>The property lies on the eastern side of Nuneaton Town Centre, on the corner of<br/>Newdegate Street and Bond Gate. The property is located on the edge of the<br/>pedestrianised town centre, close to the River Anker. The site is in close<br/>proximity to numerous retail, licensed and leisure occupiers and the Abbeygate<br/>Shopping Centre. Adjacent licensed outlets include the Bierkeller, Alara Bistro,<br/>Fever Club Rooms and Velvet.<br/><br/>Property<br/>The late night bar-nightclub is accessed off the pedestrianised Newdigate Street<br/>Street, in the centre of Nuneaton. The premises comprise the ground floor and<br/>basement of a Victorian brick built four storey property.<br/>Doors from Newdigate Street lead to the open plan trading area, which briefly<br/>comprises the main bar area with a large bar servery, well equipped for the<br/>trade, with part tiled, part wooden parquet flooring, with fixed and free standing<br/>seating. Off the main bar is a relaxed lounge area with perimeter seating and<br/>carpeted flooring; beyond which is the 'Meeting Room' with raised area, curved<br/>seating and D.J. booth.<br/>The basement level houses the Ladies & Gents and W.C.s, the beer cellar, staff<br/>room and store rooms.<br/>Business<br/>The business has been trading as a late-night bar/club and been operating<br/>Thursday to Saturday nights until 3am.<br/>Our client does not possess details of the outlet's previous trading history and no<br/>trade is being sold or represented.<br/><br/>Tenure<br/>The outlet is being offered on a brand new Lease for a minimum term of 10<br/>years. The lease will be completely free of all brewery and product ties. The<br/>lease is based on Internal insuring and repairing terms and 5 yearly rent<br/>reviews. The rent guide is £45,000 per annum exclusive of VAT.
Country
England
County
Warwickshire
Address
Newdegate Street
Under Offer
No
Post Code
CV11 4ED
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