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Pink Nightclub & Millionaires Bar, 93 Stafford Street, Hanley, Stoke-on-Trent, ST1 1LS

Offers Over
£1,500,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Bar / nightclub for sale

Key features

  • Long Established & Profitable Nightclub & Bar
  • Main circuit location with 4.30am Licence
  • Ground floor Pink Nightclub (300)
  • Millionaires Bar & Function Suite (100)
  • Extensive 3/4 bed manager's accommodation
  • Consistent & Impressive annualised Profits in Excess of £200,000. Energy Rating B
  • Christie & Co Ref: 5652065

Description

Description

A substantial two storey mid-terrace of colour rendered brick and panelled glass elevations beneath a multi-pitched roofline with single storey trade and ancillary extensions to rear.

Location

Occupying a prominent town centre location upon Stafford Street opposite the Pottery shopping centre to the front elevation, whereas Millionaire's has independent access via Foundry Street to the rear, within the main licensed and retail circuit.

Internal Details

Ground floor:
Entrance reception, Pink Nightclub (300), air-conditioned trade area with glazed picture windows to the front elevation, large wooden top bar servery to one wall, multiple inset TV's, high bar stools, VIP area, raised stage and DJ booth, wooden dance floor fixed perimeter seating, internal stair case to lower ground floor.

Millionaires Bar/Function Suite (100), split-level open-plan air-conditioned trade area with a good sized centrally located 'vibrant' illuminated pink bar servery, wooden flooring, free-standing tables & chairs, entrance & exit on to Foundry Street.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Ancillary Areas

Ground floor:
Reception area, dry goods store, ladies & gents wc, and disabled wc.

Lower ground floor:
Dry goods store, main cellar, customer wc's

External Details

Externally, the property has a secure gated yard to the rear, and bin storage.

Owner's Accommodation

Owner's/manager's accommodation (currently unutilised) situated to the first floor comprising; landing, lounge, 3 bedrooms, office, dressing room, bathroom, and utility room.

The Opportunity

Pink Nightclub has been long established since 2006 and has successfully traded as an independent nightclub and bar since its inception. The business currently trades Thursday to Sunday and is being offered for sale due to our clients looking to relocate.

The business is presently run by our client with a part-time assistant manager and 8 part-time staff, but could be run under management.

For further details on Hanley's leading party venue, please follow their social media accounts on Instagram and/or Facebook.

Trading Information

Consistent & Impressive annual net turnover with adjusted net profit in excess of £200,000.

Full accounts available upon receipt of a signed NDA.

Business Rates

The Rateable Value is £21,500 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

The business has a premises licence 7 days a week until 4am with a requirement for security from 10pm onwards.

Energy Performance Certificates

EPC 1

Brochures

Pink Nightclub & Millionaires Bar, 93 Stafford Street, Hanley, Stoke-on-Trent, ST1 1LS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stoke-on-Trent Station1.3 miles
  • Longport Station1.9 miles
  • Longton Station3.1 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5652065-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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