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late night bar opportunity in Plymouth

Price:
Leasehold - £50,000
Seller Ref:
L2810
Location:

Devon, Union Street, Plymouth

Business Type:

Pubs

See Other:
Nightclubs for sale in Devon
Bars for sale in Devon
Pubs for sale in Devon
Pubs for sale in Devon
Description:
THE BUSINESS:
Late night bar opportunity in central location on main licensed circuit
Ideally located close to JD Wetherspoon/Lloyds No1, Walkabout, Revolution, Varsity, etc
Offers Australian themed bar with 500 capacity and 6am licence
Location Details:
The Kularoos is located on the upper end of Union Street, Plymouth. Plymouth, with its all year resident population of circa 250,000 persons is known as one of the premier cities in the UK, famous for its historic connections with the Royal Navy and Dockyard, and latterly the University of Plymouth. The city possesses a large and expanding shopping centre which includes the recently created Drakes Circus development. Kularoos is located off Derry’s Cross area of Plymouth which houses many top retailers, banks, etc and off the upper end of Union Street in a prime pitch which includes well known UK brands such as Varsity, JD Wetherspoon, Walkabout, Revolution, Temptations, Varsity, etc. The premises are located on the ground floor of a 4-storey terrace constructed in the 50/60s with direct access to Union Street and Campbell Court car park to the rear.
Lease Terms:
The property is held on a 25 year lease dated 19 June 2002 at a rent of £28,250 pa with 5 yearly rent reviews on fully repairing and insuring terms.
Trading Hours:
6am licence
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