Live music venues for sale in Newport

View the "Bohemian Style St Thomas Square Venue" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £0 Price Reduced
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Business Description
• Bohemian style St Thomas Square venue in the heart of popular Newport
• Bar and seating over ground and first floors
• A highly characterful and versatile venue offering live music
• For Sale at Offers Invited for the leasehold, FF, GW + SAV

Property location: Valentine Gray is located in the heart of the Island's county town and arguably one of the best trading areas. Situated in a highly prominent location in St Thomas Square, close to the multi-storey car park in Pyle Street.

The bar enjoys exceptional all year round trade from the location due to the bustling passing trade and the popularity of the square, which is home to several other well-known eating and drinking venues.

This location is particularly popular due to the pavement cafe atmosphere promoted and attracts visitors and Islanders alike in large numbers.

Newport has an immediate population of around 25,000 and drawing trade from across the Island's catchment of 130,000 people, considerably boosted during the now extending summer season. Valentine Gray is very well placed to exploit this.

Description: Stripped wood flooring, timber panelling, exposed brickwork and a cozy working fireplace, all contribute to the unique atmosphere that Valentine Gray promotes. There is some seating in the ground floor Bar, with further comfortable seating to armchairs and settees at first floor level.

The Business: Valentine Gray was opened by our clients in November 2013, immortalising an apprentice chimney sweep who tragically died in 1822. The business continues to be management run presenting an opportunity for a full-time working couple to take the business forward. Detailed financial information is available to bona fide applicants after inspection.

Outside: There are some external covers available to the front of the premises, traded via a Licence from the IW Council. A covered and gated passageway leads to a walk-in freezer of some 2.1 x 1.8m.

Uniform Business Rates: Rateable Value: £14,500 2014/2015: 48.2p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council with regard to any rate liability or rate concession that may be applicable.

The Lease: At the time of print, we await details of the lease document.

Premises Licence: At the time of print we await details of the premises license terms.

Inventory: An indicative inventory is available.

EPC: Awaiting EPC rating.

Terms: For Sale with offers invited for the benefit of the trade fixtures, fittings and goodwill of the business, simultaneous with an assignment of the existing lease, plus stock, glassware and loose catering effects at valuation on completion.

Viewing: Strictly by appointment via Grant Higgs on 01983 640000. Under no circumstances should any direct approach be made as staff will be unable to assist you.
Tenure: Leasehold

Location Details:

Property location: Valentine Gray is located in the heart of the Island's county town and arguably one of the best trading areas. Situated in a highly prominent location in St Thomas Square, close to the multi-storey car park in Pyle Street.

The bar enjoys exceptional all year round trade from the location due to the bustling passing trade and the popularity of the square, which is home to several other well-known eating and drinking venues.

This location is particularly popular due to the pavement cafe atmosphere promoted and attracts visitors and Islanders alike in large numbers.

Newport has an immediate population of around 25,000 and drawing trade from across the Island's catchment of 130,000 people, considerably boosted during the now extending summer season. Valentine Gray is very well placed to exploit this.

Downloadable Documents

Listed by: Gully Howard Technical Ltd
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