For Sale
Ashington, Northumberland, England
NORTHUMBERLAND – LATE NIGHT BAR/NIGHTCLUB
Seller Ref:94792
Overview
Seller Ref: 94792
Description
Town centre location
Late night bar/nightclub
Large open plan trade area (200)
Private beer garden
Historical Music Venue
Net turnover of £320,000
Leasehold Terms:
LEASEHOLD £30,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. The property is held on a new, full repairing and insuring lease from a private individual and expires September 2027. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently stands at £31,403 per annum, paid monthly in advance. An incoming party will be required to provide a rental deposit to the Landlord in advance, plus personal guarantees. The lease is TIED on all draught beers and Ciders. Free of tie on Wines spirits, bottled beers and soft drinks. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Location Details:
Bubbles Wine Bar, 58a Station Road, Ashington, Northumberland, NE63 9UJ
Is this business relocatable:
No
Is accommodation included:
No
Is stock included:
NA
Website address:
https://www.sidneyphillips.co.uk/business-detail/94792
Listed By:
