Licensed Leisure Portofino - Realla
Licensed Leisure Portofino 38 Marsh Street, Hanley, Stoke-on-Trent, ST1 1JD Leasehold for sale – £25,000
Prominent town centre restaurant Within Hanley leisure circuit Profitable established business Over 7 years remaining with the right to renew the lease
Savills Manchester Belvedere, 12 Booth Street Manchester M2 4AW
+44 (0) 161 236 8644 savills.co.uk
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Location
Rating
The property is prominently located fronting the A5006 within Hanley town centre and is considered to be within the towns established leisure circuit.
The subject property is listed within the 2010 Rating List with a rateable value of £30,750. The Uniform Business Rate for England and Wales for 2016/2017 is £0.493 in the pound.
There are a range of nearby leisure occupiers with a number of bars, restaurants and nightclubs.
Fixtures and Fittings
Description The property comprises a two storey restaurant situated on the corner fronting the A5006 Marsh Street South and Brunswick Street, with frontage to both streets. Internally the ground floor dining area provides approximately 30 covers, with a ground floor commercial kitchen, prep room and stores. The dining area has been arranged in a traditional format, however provides the opportunity to alter to accommodate a new concept. The first floor is used as additional restaurant space with capacity for a further 30 covers.
The property is available as a fully trading asset and all fixtures and fittings which are owned outright will be included in the sale.
Tenure The property is held leasehold with 7 years remaining at a rent of £30,750 per annum on a full repairing basis. The lease contains tenants right to renew with rent reviews every 5 years.
Trading Further information and barrelage stats can be made available to bonefide parties.
EPC
Licenses The premises have the benefit of a Premises Licence in accordance with the Licensing Act 2003. We understand that the business operates under traditional hours.
Planning There is potential for conversion of the building to suit an alternative concept, subject to planning and landlords consent. All enquiries regarding planning matters should be directed to Stoke on Trent City Council on (01782 234 234).
The property has an EPC rating of D.
Price £25,000 plus VAT.
Savills Private Finance Funding for this transaction can be arranged by Savills Private Finance. Please contact Russell Hall on 0161 2447797 or alternatively email [email protected].
For a viewing, strictly by appointment with Savills. Tom Cunningham +44 (0) 161 244 7709 [email protected]
Pete Scholes +44 (0) 161 277 7227 [email protected]
Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | September 2016
Prominent town centre restaurant Within Hanley leisure circuit Profitable established business Over 7 years remaining with the right to renew the lease
Savills Manchester Belvedere, 12 Booth Street Manchester M2 4AW
+44 (0) 161 236 8644 savills.co.uk
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Location
Rating
The property is prominently located fronting the A5006 within Hanley town centre and is considered to be within the towns established leisure circuit.
The subject property is listed within the 2010 Rating List with a rateable value of £30,750. The Uniform Business Rate for England and Wales for 2016/2017 is £0.493 in the pound.
There are a range of nearby leisure occupiers with a number of bars, restaurants and nightclubs.
Fixtures and Fittings
Description The property comprises a two storey restaurant situated on the corner fronting the A5006 Marsh Street South and Brunswick Street, with frontage to both streets. Internally the ground floor dining area provides approximately 30 covers, with a ground floor commercial kitchen, prep room and stores. The dining area has been arranged in a traditional format, however provides the opportunity to alter to accommodate a new concept. The first floor is used as additional restaurant space with capacity for a further 30 covers.
The property is available as a fully trading asset and all fixtures and fittings which are owned outright will be included in the sale.
Tenure The property is held leasehold with 7 years remaining at a rent of £30,750 per annum on a full repairing basis. The lease contains tenants right to renew with rent reviews every 5 years.
Trading Further information and barrelage stats can be made available to bonefide parties.
EPC
Licenses The premises have the benefit of a Premises Licence in accordance with the Licensing Act 2003. We understand that the business operates under traditional hours.
Planning There is potential for conversion of the building to suit an alternative concept, subject to planning and landlords consent. All enquiries regarding planning matters should be directed to Stoke on Trent City Council on (01782 234 234).
The property has an EPC rating of D.
Price £25,000 plus VAT.
Savills Private Finance Funding for this transaction can be arranged by Savills Private Finance. Please contact Russell Hall on 0161 2447797 or alternatively email [email protected].
For a viewing, strictly by appointment with Savills. Tom Cunningham +44 (0) 161 244 7709 [email protected]
Pete Scholes +44 (0) 161 277 7227 [email protected]
Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | September 2016
