Set amidst a Licensed Bar & Restaurant circuit Pedestrianised Precinct
Unrestricted capacity comfortably holds 300/400 people with some separated secluded booths, totally refurbed to a high standard
Flat screen TVs, SKY SPORTS Pool
Large traffic restricted frontage with pavement tables & chairs – long & short stay car parks
Private renewable 10 year lease FREE of TIE - currently “lock up”
LOCATION (DE14 1AN)
The popular bustling town of Burton upon Trent has a population of circa 73,000 and lies on the banks of the River Trent at the boarders of Derbyshire & Staffordshire and mentioned within the Domesday Book. The business sits at 6-8 Station Street at the junction with High Street with the Market Square adjacent. Known as the Brewing Capital of the World, an industry which was established due to the quality of its waters. It is a popular Retail centre & hub, with Coopers Square, Octagon Centre & Worthington Walk close by. An outdoor market is held every Thursday, Friday & Saturday along with a popular Farmers Market. The river attracts an annual regatta attracting visitors from afar. Within a short drive along the A38 you will find St Georges Park & The National Football Academy, a further attraction is that the town is set within the National Forest, 200 acres covering, Staffs, Leics & Derby’s with 7.8 million annual visitors spending £314million with local business’s. Within 100 Yards of the business is Burton & Derby College which has University status with 13,000 students.
The property is of 3 stories with the business offered on its ground floor. It benefits from a glass double front with canopy directly onto a limited vehicle access pedestrianised precinct and is mid-terrace amid retail shops/offices/commercial properties. The property was once a local department store (Ordish & Hall) being converted to a Pub in 1998. This is a large single roomed bar with some secluded booths, dance area & stage. Flat screened TVs are located all around the trading areas & there is a long bar servery offering Bright ales, Trendy Lager’s & imaginative back fittings. Furnishings by way of assorted tables & dining chairs, bucket seats & Chesterfields set on partly carpeted & stripped wood floors. The public areas have disability friendly access & facilities include Ladies, Gents & Disabled. Professional Catering Kitchens & Beer cellars are also to the ground floor.
Currently operated as a “lock up”.
The business benefits from being situated on a traffic restricted pedestrianised area from 8am till 7pm providing a popular outside drinking area & smokers solution. Local Council Car Parks hold in excess of 1,000 vehicles with Coopers Square & Burton Place being free from 3p till 8am the following day. Restricted parking is also available to the rear of the property
We are advised that the business has a premises license for dispensing Alcoholic beverages from 9am till 2am all week. & Serves food 8am-9pm Sun-Mon-Thurs with 8am till 6pm Friday & Saturday. Our training Associates can assist with Personal License Training.
We are instructed by our private clients to offer by way of assignment of a Private 10-year lease commencing October 2015. The lease provides for Free of all Ties FRI, Landlord & Tenant Act (54) protected therefore renewable at no further premium & under no less favourable Terms. Current Rent £57,200 pa.paid Monthly reviewed in 2020 then set for the remainder of the lease.
We are advised that the business benefits from connected mains of electric, water, sewage & gas with central heating by Gas. Business payable are advised as £42,000 p.a.
The current lessee has several other licensed businesses’ which are in need of his attention therefore has decided to assign this one. Early trading is showing circa £12,000 p/w Inc. vat on a 50/50 split wet to dry. The locale is well suited for an Entrepreneur or Branded operator to take full advantage of this opportunity which we believe should trade around the £1 million mark
IT IS OUR RECOMMENDATION TO SERIUOSLY CONSIDER THIS OPPORTUNITY BEFORE A COMPETITOR SNAPS IT UP.
To secure this business a deposit of £5,000 will give you exclusivity on this business giving you a lock-out agreement with no further viewings or marketing taking place.
Limited Accounts information will be made available to interested parties after viewing.
Our panel of financial experts are here to help; call for referrals: 01530 414140.
The Property was viewed by Graham Allman who will be delighted to discuss the opportunity with you 7 days a week on 07765 251 208.
Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.
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