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10 Park Road, St Annes, FY8 1QX

£99,500

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

Restaurant for sale

Description

A spacious leasehold pub, tapas and cocktail bar located in St Annes town centre. The premises are decorated and furnished in a fun and eclectic style providing 68 covers inside plus 28 outside. Well equipped central bar counter and cocktail station plus full fitted commercial kitchen with extraction and open pass. In addition to the traditional beers, wine and spirits the business has a popular and extensive cocktails menu together with a small plates and tapas menu. Approximately 40% food sales and 60% wet sales. The business trades all year round with a regular customer base plus a boost from visitors during the holiday season. Viewing recommended.

LOCATION
On the Westerly frontage of Park Road in St Annes town centre immediately off the the main square.

GROUND FLOOR
2 shop premises combined to provide a double fronted corner bar and dining area with approximately 68 seats inside; Central bar counter and cocktail station; ladies and gents toilets; Open pass to kitchen with full extraction; 2 beer cellars.

EXTERIOR
Outside pavement area with seating for approximately 24.

BUSINESS
Premises licence 10am to Midnight.
Current opening times: Wednesday, Thursday, Friday 3pm to 9pm. Saturday and Sunday 12noon to 11pm.
The Business currently trades 5 days a week by choice offering excellent scope to increase the opening hours if required.
The vendor confirms the average turnover levels are £6,500 a week gross.
Full accounts and further figure will be discussed with genuine interested parties after viewing.
The business is fully equipped and an inventory will be provided by the vendor prior to completion. However please note some of the pictures, photographs and ornaments are personal to the vendor. These will be discussed by the vendor at the point of viewing.


SERVICES
Electricity and water connected.

TENURE
The premises are held on two separate lease's both for 7 years from the 1st July 2022. The current combined passing rent is £26,500 per annum. £4,125 rent deposit lodged with the landlord.

10 Park Road, St Annes, FY8 1QX

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Annes-on-the-Sea Station0.1 miles
  • Ansdell & Fairhaven Station1.6 miles
  • Squires Gate Station2.0 miles

About Kays Peake Properties Ltd, Blackpool

227-229 Church Street, Blackpool, FY1 3PB

Established in 1948 KAYS Commercial Estate Agents have been selling businesses and hotels across the Fylde coast, Blackpool and the surrounding areas of Lytham, St Annes, Thornton Cleveleys, Fleetwood, Kirkham, Garstang and Preston.

As business transfer agents we specialise in the sale and leasing of hotels, guest houses, bed & Breakfast accommodation, cafes, restaurants, retail businesses, self-catering holiday apartments, care businesses together with commercial premises including shops, warehouses, offices and industrial premises.

KAYS have a wide range of experience and expertise in dealing with residential, commercial and mixed use investment properties in Blackpool and the surrounding area. In addition we offer a full management service for landlords from acquisition, disposal, management and maintenance with the aim of maximizing yields and investment returns.

Whether you are looking to buy a business or premises for your own use, a first time investor or a landlord looking to add to your existing portfolio KAYS can offer you a friendly, professional, effective and efficient service.

KAYS also provides a full residential and commercial management service within Blackpool and further surrounding areas. The ultimate goal is to maximise the value of the asset through effective property management strategies which will maximise the long term value of the property. By listening to our clients and their tenants we ensure that we are continually evolving and improving our service.

Meet the team: https://www.kaysestates.co.uk/our-team/

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Disclaimer - Property reference 011625. 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 Kays Peake Properties Ltd, Blackpool. 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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