Bar / Nightclub for sale

Fuel Nightclub, 39-41 Snig Hill, Sheffield, England, S3 8NA

Offers Invited

Property Description

Commercial information

  • Business for sale

Key features

  • City centre lease, held until 2023
  • Licensed until 6am
  • First floor premises
  • Office, kitchen & cloakroom space
  • Adjacent to Premier Inn hotel
  • Energy Rating G

Full description

Tenure: Leasehold

Description

The property is a four storey, semi detached building of brick and concrete construction beneath a flat roof. The business was let on separate leases for each floor, the lease for sale comprises the first floor only.

Location

The former Fuel nightclub site is located in Sheffield City Centre at the junction of Castle Street, Bank Street, Angel Street and Snig Hill. Directly adjacent to the site is a Premier Inn on Angel Street, a busy shopping street in the city.

Internal Details

The two floors were formerly trading as a single nightclub. We are now looking to assign the upper floor lease. The first floor consists of a trading area with a bar, dance floor area and further seating. Several rooms provide storage, office space and the possibility of accommodation if refurbished.

There is also a vacant shop/office unit as part of the upper floor lease which, if sublet, the proceeds are to be split 50/50 with the landlord.

Fixtures & Fittings

We have been advised that the majority of the fixtures and fitting are owned out right and will be included in the sale, subject to an inventory. Third party items or items personal to our clients will not be included.

Tenure Details

The lease runs for a period of 10 years from October 2013 - 2023, at a rent of £15,000.

The Opportunity

Our clients are bar and club operators who are seeking to focus on other businesses within their estate. The businesses traded successfully for a number of years but is now closed. The lease represents a great opportunity for a city centre site with a notably affordable rent.

Trading Information

There is no trading information available for the site as it is currently closed.

Business Rates

The rateable value is £16,250 (Rates payable for 2015/2016 £7,832.50).

Regulatory

Premises licence


More information from this agent

Nearest stations

  • Shalesmoor (0.3 mi)
  • Cathedral (0.4 mi)
  • Castle Square (0.4 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Shalesmoor (0.3 mi)
  • Cathedral (0.4 mi)
  • Castle Square (0.4 mi)
Distances are straight line measurements from centre of postcode

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