FOR SALE BUSINESS & BUILDING

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FOR SALE THE GRAPEVINE MARKET PLACE POULTON LE FYLDE LANCASHIRE FY6 7AS BAR / NIGHTCLUB PREMISES

BUSINESS & BUILDING • FULLY EQUIPPED & ESTABLISHED TRADE SINCE 2006 • LICENCE CAPACITY APPROX. 360 • ARRANGED ON 3 FLOORS WITH STRONG PROFILE IN THE CENTRE OF POULTON • BREWERY TIE FREE / ACCOUNTS AVAILABLE • ANNUAL AVERAGE T/O APPROX. £390,000 • PART FREEHOLD SALE WITH REAR SECTION LEASED • BEING SOLD AS A GOING CONCERN

ASKING PRICE: £499,950

MARKET PLACE, POULTON LE FYLDE DESCRIPTION / LOCATION

BUSINESS

Established licenced premises with bar and two separate cocktail bars arranged on 3 floors, in the centre of PoultonLe-Fylde. This premises has been fitted out to a good standard throughout. Currently trading Thursday, Friday, Saturday and Sundays only but with substantial scope for introduction of food, café or a coffee bar. Potential for forecourt seating.

Currently wet sales only though potential for the provision of food at ground floor level. Extended licensing hours until 2:00 am on Friday and Saturday. Consistent trade with potential for further expansion. Poulton is a very popular nighttime destination with a number of high quality licenced premises. The Grapevine is centrally located.

Poulton-Le-Fylde is an affluent location which has a very busy nightlife drawing clientele from the whole of the Fylde Coast. The Grapevine is situated in the town centre on the Market Place which is a pedestrianised zone. The front section of the building is 3 storeys in height. In 2010 the floor space was extended by the incorporation of the first and second floors of an adjoining property. It was fully equipped and air conditioning installed. The extension/adjoining property is held on a lease for an initial term of 15 years of which there are 10 remaining at a rental of £10,000 per annum.

TENURE The front building is Freehold and for sale. The rear section of the building is held on a lease and available by assignment.

ACCOUNTS Accounts will be made available on request and following a meeting with the sellers.

RATEABLE VALUE Rateable Value: £18,250 (taken from the VOA website)

ACCOMMODATION GROUND FLOOR Entrance Cocktail bar/wine bar – 34.8 sq m (374 sq ft) 2no. WCs Ladies & Disabled Access to beer cellar

VAT

FIRST FLOOR Mainly open plan with Bar. Free standing, fitted seating and alcove seating – 87.4 sq m (940 sq ft) Store rooms 3 no. WCs

Strictly via prior appointment through Duxburys Commercial on 01253 316919. Under no circumstances is an approach to be made to the staff or owners directly.

SECOND FLOOR Cocktail bar / Party or function suite – 70 sq m (753 sq ft) Equipped kitchen – 13.5 sq m (145 sq ft) Store rooms Office

All prices quoted are exclusive of VAT but may however be subject to VAT at the prevailing rate.

VIEWING ARRANGEMENTS

Disclaimer The sales particulars have been produced with information provided by the owner/occupier or landlord and are made in good faith without any responsibility whatsoever on the part of Duxburys Commercial. It is for the purchaser or as the case may be the lessee to satisfy themselves by inspection or otherwise, as to the accuracy or fullness of the information. They must not in entering into any contract or incurring costs or otherwise rely upon these particulars as statements or representations of facts.

EXTERIOR Potential for Forecourt drinking/dining.

Misrepresentation Act 1967: Duxburys Commercial, as agents for the vendor or, as the case may be, lessor (the “Vendor”) and for themselves, give notice that; (1) These particulars are provided merely as a general guide to the property. They are not and shall not hereafter become part of any other contract. (2) The Statements herein are made in good faith without any responsibility whatsoever on the part of the Vendor, Duxburys Commercial or their servants. It is for the purchaser or as the case may be the Lessee (the “Purchaser”) to satisfy himself by inspection or otherwise as to their accuracy and f fullness, he must not in entering into any contract or otherwise rely upon these particulars as statements or representations of fact. (3) The Vendor does not make or give and neither Duxburys Commercial nor its servants has any authority, express or implied, to make or give any representations or warranties in respect of the property. (4) In the event of any inconsistency between these particulars and the Conditions of Sale, the latter shall prevail. (5) Nothing in these particulars should be deemed to be a statement that the property is in good condition or that any of the facilities are in working order. Note: Duxburys Commercial has not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. The purchaser is responsible in making his own enquiries in this regard.