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Commercial Property for sale

Kirkgate, Bridlington, East Yorkshire, YO16

Sold STC £24,950

Property Description

Key features

  • Old Town
  • Leasehold
  • Public House
  • Owners Accommodation
  • Beer Gardens

Full description

A WELL ESTABLISHED public house situated on the edge of BRIDLINGTONS OLD TOWN.

A well established and substantial double fronted Public House business situated on the edge of the historic Bridlington Old Town. One of the premier Georgian streets in the U.K that has been used for filming such as The Royal, Heartbeat and Dads Army. A spacious Public House with a bar and a lounge area which seats approximately 74 in total and a well equipped kitchen. The business is well known for its hearty food and currently offers lunch time and evening meals. The property includes a separate, spacious three bedroomed accommodation on the first floor and a further eight rooms on the second floor. The present vendors have operated this tied house for approximately thirteen years.

Entrance: - Central entrance gives access to both Bar and Lounge-

Bar: - A large bar with a selection of bench style seating, tables, stools etc. A fitted and well stocked bar. Doors give access to the Beer Garden.

Lounge Bar: - Seating approximately 42 place settings with an open fire plus two central heating radiators. Leading off the lounge is a private staircase down into the cellar.

Inner Hall: - Leading from the lounge is the inner hall with ladies and gents w.c. An open staircase leads to first floor accommodation.

Kitchen: - Leading from the Lounge Bar is the kitchen, fully equipped with a commercial six burner hob, oven and two deep fat fryers. A deep stainless steel sink unit plus wash hand basin, dishwasher and stainless steel work units. A walk-in store room with refrigerators. (Note the grill, cooker and dishwasher are on a rental agreement which could be continued). Door gives access to rear.

Beer Garden: - To the rear is a large, pleasant south facing garden with paved patio area with heaters leading to a lower level lawn garden with picnic style benches. Note- there are several outbuilding with power and light for storage and refrigerator purposes etc.

First Floor Accommodation: - An open staircase leading from the inner hall leads to the first floor accommodation.

Kitchen/Diner: - 7.00m x 4.02m (23'0" x 13'2") - A rear facing room with base and wall units, stainless steel sink unit and plumbing for washing machine.

Lounge: - 6.56m x 5.79m (21'6" x 19'0") - A generous size lounge with two central heating radiators.

Bedroom One: - 6.25m x 5.37m plus bay (20'6" x 17'7" plus bay) - A rear facing double bedroom with two central heating radiators and an en-suit with w.c and wash hand basin.

Bedroom Two: - 4.81m x 4.76m max (15'9" x 15'7" max) - A front facing double bedroom with central heating radiator.

Bedroom Three: - 5.10m x 2.57m (16'9" x 8'5") - A front facing double bedroom with central heating radiator.

Bedroom Four: - 3.44m x 2.88m (11'3" x 9'5") - A front facing double bedroom with central heating radiator.

Bathroom: - Comprises of a white suite of panelled bath with shower over, w.c and wash hand basin. Central heating radiator.

Second Floor: - Enclosed staircase leading from the first floor to eight further rooms.

Business - The property is held on a current lease from Punch Taverns.
Turnover for the financial year 2014 exceeds £430,000.
Rent approximately £31,000
(our clients inform us that the expected new rental will be negotiated down from the current payable rental)
The vendor receives 50% of the net proceeds produced by on site gaming machines.
Current lease 15 years from 2005 (5 year rent reviews)
Further details of the business profits and expenses can be obtained from our office to bona fide enquiries only.
supply alcohol from 9-00a.m. To 12-00 midnight Sunday to Wednesday and 9-a.m. To 2-00a.m Thursday to Saturday.

Price: - £24,950. Leasehold to include fixtures, fittings equipment and goodwill. Stock at valuation (approx £5-7,000).
The landlord will also require a security deposit of £9,380.

Notes: - Food hygiene rating- 5

General Notes: - All measurements are approximate and are not intended for carpet dimensions etc. Nicholas Belt (Estate Agency) Ltd have not tested any gas or electrical heating systems, individual heaters, appliances, showers, glazed units, alarms etc. Therefore purchasers should satisfy themselves that any such item is in working order by means of a survey, inspection etc. Before entering into any legal commitment. PURCHASE PROCEDURE: If after viewing the above property you wish to purchase please contact our office where the staff will be pleased to answer any queries and record your interest. This should be done before contacting any Building Society, Bank, Solicitor or Surveyor. Any delay may result in the property being sold to another interested party and valuation fees and legal expenses are then incurred unnecessarily.

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