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REF: NE2166

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Comments Arrange a viewing Back to details

 

 

Licensed Events Venue

Walker

Nil Premium (Leasehold)

REF: NE2166

Business Opportunity

 

This property is located on Scrogg Road close to its junction with Welbeck Road and in the heart of a densely populated residential area.

 

The premises are currently operating as a venue for various live events including music, sporting and special occasions and was originally a cinema.  The premises has an alcohol license in place and can hold up to 500 persons.

 

The ground floor offers a pleasant entrance foyer with separate ladies and gents toilets and then into a bar area with the large performing area and stage beyond.  The original cinema seating has been removed to create this open performance and standing space.

 

The two upper floors are accessed by designated stairways and offer gallery seating overlooking the main performance space.  There are additional toilet facilities together with a number of offices including the original projector room.   There is a secure and dry basement to the rear of the premises and this is accessed from behind the stage.

 

Viewing is recommended as this is a relatively unique opportunity and the premises could be suitable for a number of related uses, subject to landlord’s consent.

Tenure:

 

The premises are to be offered on a new FRI lease for a term to be agreed and with a 3 yearly rent review pattern.  The rent is £38,000 per annum. 

 

Licensed Trading Hours:

 

Monday – Saturday       09.00 till 23.30

Sunday                         09.00 till 23.00

 

Rates:

 

Rateable Value £10,000

Rates free incentives subject to status.

 

Fixtures & Fittings:

 

A full inventory would be supplied prior to any letting.

 

EPC:

 

Rating D

 

Money Laundering Regulations:

 

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

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