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3/5 Clifton Street, Blackpool, FY1 1JD

£150,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

Pub for sale

Description

A popular modern well appointed bar business located in blackpool town centre. The leasehold premises are fitted and equipped to a very high standard offering an excellent opportunity to maximise profits from the busy all year round business. Top quality music and lighting systems with various mood options. Licensed 7 days a week 11am to 2am. Must be viewed to fully appreciate the opportunity to acquire a first class licensed premises and business in the heart of Blackpool’s entertainment area.

LOCATION
On the southerly frontage of Clifton Street in Blackpool town centre close to all the shops, bars and restaurants. Directly opposite the Premier Inn hotel at Talbot Square opposite North Pier in the popular leisure quarter of the town.

LOWER GROUND FLOOR
Fully chilled beer cellar; Office and store.

GROUND FLOOR
Double fronted bar with flexible high table seating that can be moved to increase capacity with vertical drinking, capacity 200, large fully equipped bar counter; DJ booth with excellent sound system and mood lighting options; private karaoke room with upholstered seating; Disabled toilet; Female toilets; Gents toilets; utility room; rear loading area with roller shutter access.

BUSINESS
The business is fully equipped to a very high standard and a full inventory will be provided prior to completion. The bar counter is fitted to very professional level together with the sound and lighting systems. The business would benefit from hands on owner operators to maximise profits however the current owners fully staff the business with a team of 6 part time staff members. The vendors management figures confirm the turnover to be circa £500,000 with a gross margin of 70%. The vendors will provide and discuss the turnover figures and expenses in more detail with genuine interested parties after viewing.

SERVICES
Electricity and water. Air conditioning.

TENURE
Remainder of a 10 year sub lease dated 21st July 2024. Rent £40,000 per annum plus building insurance. 3 year break causes.

3/5 Clifton Street, Blackpool, FY1 1JD

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.3 miles
  • Blackpool South Station1.4 miles
  • Layton Station1.5 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/

Notes

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Disclaimer - Property reference 011858. 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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