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

£1,100,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Bar or nightclub

Key features

  • Established City Centre Nightclub & Bar
  • Profits £200,000 – 65% Funding available
  • Main circuit location – 04:30 licence
  • Nightclub (300) Bar/Function (100)
  • Management run on 3 day’s trading
  • 3 bed manager’s accommodation | Energy rating B
  • Christie & Co Ref: 5652065

Description

Description

A substantial three 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 prime city centre location upon Stafford Street opposite the Potteries 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 and chairs, entrance and 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 and 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

Quality refurbished owner's/manager's accommodation (currently unutilised) situated to the first floor comprising; landing, lounge, three 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 Friday to Sunday and is being offered for sale due to our clients looking to move abroad.

The business is presently run by our client with a part-time assistant manager and eight 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, or via their website: Pink Nightclub

Trading Information

Consistent and impressive annual net turnover with adjusted net profit in excess of £200,000. Full accounts available upon receipt of a signed NDA.

Tenure

Freehold.

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.

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

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

NEAREST STATIONS

National Rail

Stoke-on-Trent Station

1.31 miles

National Rail

Longport Station

1.93 miles

National Rail

Longton Station

3.07 miles

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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.