Saints No More, Nuneaton

Leasehold for Sale

Leasehold: Upon enquiry

Price: Upon enquiry

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New Free of Tie lease available for town centre late night bar.

Key Points

  • n/a - (n/a)
  • Well presented Late night bar
  • Excellent town centre position with high footfall
  • New Free of Tie lease being offered
  • Late Licence

Location

The property lies on the eastern side of Nuneaton Town Centre, on the corner of Newdegate Street and Bond Gate. The property is located on the edge of the pedestrianised town centre, close to the River Anker. The site is in close proximity to numerous retail, licensed and leisure occupiers and the Abbeygate Shopping Centre. Adjacent licensed outlets include the Bierkeller, Alara Bistro, Fever Club Rooms and Velvet. Nuneaton is the largest town in Warwickshire, with a population of 81,877, at the 2011 census. The town lies on the A444 and enjoys excellent communication links with good accessibility to both the M6 and M69 Motorways. Nuneaton is approx. 9 miles north of Coventry, 20 miles east of Birmingham, 15 miles south east of Tamworth and 17 miles south west of Leicester.

Property

The late night bar-nightclub is accessed off the pedestrianised Newdigate Street Street, in the centre of Nuneaton. The premises comprise the ground floor and basement of a Victorian brick built four storey property.

Doors from Newdigate Street lead to the open plan trading area, which briefly comprises the main bar area with a large bar servery, well equipped for the trade, with part tiled, part wooden parquet flooring, with fixed and free standing seating. Off the main bar is a relaxed lounge area with perimeter seating and carpeted flooring; beyond which is the 'Meeting Room' with raised area, curved seating and D.J. booth. 

The basement level houses the Ladies & Gents and W.C.s, the beer cellar, staff room and store rooms. 

Business

The business has been trading as a late-night bar/club and been operating Thursday to Saturday nights until 3am.

Our client does not possess details of the outlet's previous trading history and no trade is being sold or represented. 

Tenure

The outlet is being offered on a brand new Lease for a minimum term of 10 years. The lease will be completely free of all brewery and product ties. The lease is based on Internal insuring and repairing terms and 5 yearly rent reviews.  The rent guide is £45,000 per annum exclusive of VAT. 

Utilities

We are advised the property is connected to all mains services. 

Rates & Charges

Business Rates
£8,520.00 per annum (based on a Rateable Value of £17,750)
Council Tax
Available on enquiry

47 Newdegate Street
Nuneaton
Warwickshire
CV11 4ED