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Bar / Nightclub for sale

Unit 4, Nelson Square

Offers in Excess of £275,000

Property Description

Key features

  • Town centre bar premises
  • Situated in the heart of Bolton's main leisure circuit
  • Nearby occupiers include JD Wetherspoon, Yates's Wine Lodge and Levels Nightclub
  • 600 person capacity
  • Regular shaped retail unit with offices and WC's at first floor
  • May suit other uses STPP - retail, restaurant, cafe bar or residential

Full description

Location
The subject property is prominently located upon Nelson Square and
occupies a superb corner position adjacent to Levels Nightclub and
opposite The Bar. The property is situated on Nelson Square which is
part of the main leisure circuit in Bolton Town Centre, surrounded by
other Bars, Pubs and Restaurants including JD Wetherspoons and
Yates’s Wine Lodge.
In addition, there is residential and student accommodation directly
opposite.
Services
We understand that the mains services connected to the property
include water supply, electricity supply, and of course mains drainage.
Please note that Lamb & Swift Commercial have not tested any of the
service installations or appliances.
Rates
We have been verbally advised by the Local Rating Authority that the
subject property has a Rateable Value in the sum of £32,500.
The Rates Payable for the 2016/17 is £16,153.
Interested parties are advised to verify this information direct with
Bolton Metropolitan Borough Council.
Description
Formerly the “Square Lounge”, the subject property comprises a
prominent retail unit which is regular in shape and predominantly
arranged over ground floor (Bar) plus offices and customers WC’s at
first floor level.
The Unit is located in the heart of Bolton’s evening leisure circuit and
is situated adjacent to J2 Nightclub which is a popular destination
within Bolton’s leisure customers.
Internally, the property has a centrally located Bar with seating area
and dance floor situated around its perimeter. There are separate
male and female WC’s at first floor, together with ancillary storage and
office accommodation.
There is also a small kitchen at its ground floor rear, together with
disabled WC facility.
USE
Permitted use as a Nightclub and premises. The property may suit suit
other uses STPP, such as retail, restaurant, cafe bar or even
redevelopment for student accommodation.
ACCOMMODATION
In accordance with the RICS Code of Measuring Practice, (6th
Edition) we have calculated the following Net Internal Areas:-
Sq M Sq Ft
Ground Floor Bar 292.49 3,148
First Floor 28.36 305
TOTAL 320.85 3,454
Legal Costs
Each party are to be responsible for their own legal costs involved in
the transaction.
EPC
We have commissioned and lodged an EPC for this property, and a
full copy of the EPC and Report will be made available upon request.
VAT
VAT is applicable at the prevailing rate.
Viewing
Strictly by appointment with sole agents:
LAMB & SWIFT COMMERCIAL
Contact: Daniel Westwell or Andrew Kerr


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