The Vault, Crescent East, Thornton Cleveleys, Lancashire

DESCRIPTION: Kenricks are delighted to offer this rare opportunity to purchase an exceptional leasehold Bar and Lounge business in the heart of Cleveleys vibrant Town Centre.

The business has been operating for a number of years and has become one of the most popular drinking establishments in Cleveleys which is represented in strong trading accounts.

The premises is currently trading as a dual venue with a stylish and exquisitely fitted bar to the ground floor which is licensed for 160 patrons, a well-appointed function room on the first floor which can cater for up to 80 guests and the second floor comprises of a staff restroom, bedroom, lounge and additional space for storage.

Viewing highly recommended.


Ground Floor
Main Entrance leading to:
Open Plan Bar (Approx. 1550 sq. ft.) with fitted stylish and contemporary bar (10 beer lines), Dance Area and Seating Area with mixed seating for approx. 42 patrons.
2 private VIP Vaults/Lounges (Approx. 200.8 sq. ft.)
Rear Exit / Refuse Area.
Ladies Toilet, Men’s Toilet and Accessible Toilet.

Internal Staircase leading to:
First Floor
Function Room (Approx 1063.69 sq. ft.) with fitted stylish and contemporary bar with a range of pumps and optics, tables and chairs and Bi-folding doors at the rear leading to
Enclosed External Seating Area (Approx. 198.11 sq. ft.) with bench style seating, artificial grass and wooden panelling to the surrounding walls.
Storeroom x 2 (Approx 200.8 sq. ft.)

Internal Staircase leading to:

Second Floor
Bedroom / Lounge currently used as Storeroom
Large Double Bedroom
Bathroom with shower, toilet and sink.
Kitchen with fitted wall and base units.

AGENTS NOTES: The property has CCTV, Air Conditioning and is Alarmed.
A full inventory would be supplied to interested parties.
The square footage for all 3 floors is approx. 3,907.3 sq. ft.
The Landlord might consider allowing the premises to be used for alternative uses.

PRICE IS INGOING

TENURE: Leasehold- 5 years remaining on a 10-year lease at a rent of £35,000 per annum.
Incoming tenant may be responsible for the landlord’s and vendors legal fees in this transaction.

VIEWING: By appointment through Kenricks