£15,600 pa
(£10.56/sq. ft. pa)
Pub/bar to let91 & 91A High Street, Wolstanton, Newcastle Under Lyme ST5
1,477 sq. ft
Just added
About this property
Finished to a high standard and offered as a ‘turn key’ business opportunit
NIA: 1,288 sq ft plus outside seating area for customers
EPC: Commercial – Band E (124), Residential – Band C (72)
Estimated Rates Payable: £3094.2
Description
A mid-terraced mixed use property forming part of a
popular parade of shops in the centre of Wolstanton, close
to Newcastle-under-Lyme. The building
constitutes a recently refurbished bar on the ground floor
with internally access living accommodation above offered
as a package. The property was completely renovated in
2023 with the original layout and use comprehensively
transformed. The ground floor has been turned into a cosy
drinking establishment with regular music events whilst the
first floor is now a modern and spacious one bedroom flat to
be used by the licensee or management. The ground floor
comprises a bar area with further seating areas towards the
rear, toilets and a staff office and storage area. The first floor
flat is accessed internally and comprises an open plan
kitchen and lounge along with bedroom, walk in wardrobe
and bathroom. The building benefits from 8 x solar panels
on the roof, hardwood flooring in the bar, air conditioning, CCTV and an exposed brick finish, all to be included on a
repair and replace basis.
Location
The property is located on High Street in Wolstanton, a busy
street of commercial and residential properties. Wolstanton
is around 2 miles from the centre of Newcastle-under-Lyme
and 1.5 miles from the Wolstanton junction of the A500.
Services
Mains electric, gas, water and drainage are connected. Gas
fired central heating is available in the bar with electric
heating in the flat. No services have been tested by the
agents.
Tenure
Available by way of a new Full Repairing and Insuring lease
for a minimum of 3 years and with rent reviews every 3 years
and with each party bearing their own legal costs associated
with the lease.
VAT
The rent is not subject to VAT.
Business Rates
Rateable value
Rates payable
£8,100
£3,094.20 pa (26/27)
Note: If you qualify for small Business Rates Relief you may
be entitled to a 100% rates payable reduction.
Council Tax
91a High Street, Wolstanton – Band A
Accommodation
Ground floor
Bar area: 372 sq ft
Seating and cellar 340 sq ft
Rear seating 82 sq ft
Staff area 278 sq ft
NIA: 1,072 sq ft
First floor
Lounge: 136 sq ft
Kitchen: 96 sq ft
Bedroom: 75 sq ft
Walk-in-wardrobe: 39 sq ft
Bathroom: 59 sq ft
NIA: 405 sq ft
Total NIA: 1,477 sq ft
The Business Opportunity
The business continues to trade daily and generates
profitable turnover figures. The incoming tenant will have
the opportunity of continuing to trade for nil premium. All
of the equipment required to run the business will remain
insitu and the intention is that the day after the landlord
stops trading the new tenant will start, so that there is a
seamless transition. The only cost to the tenant will be stock
at valuation.
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g.
Photographic driving license, passport, utility bill) from the
applicant and a credit check may also be required, the cost
of which will be the responsibility of the applicant. Where
appropriate we will also need to see proof of funds.
A mid-terraced mixed use property forming part of a
popular parade of shops in the centre of Wolstanton, close
to Newcastle-under-Lyme. The building
constitutes a recently refurbished bar on the ground floor
with internally access living accommodation above offered
as a package. The property was completely renovated in
2023 with the original layout and use comprehensively
transformed. The ground floor has been turned into a cosy
drinking establishment with regular music events whilst the
first floor is now a modern and spacious one bedroom flat to
be used by the licensee or management. The ground floor
comprises a bar area with further seating areas towards the
rear, toilets and a staff office and storage area. The first floor
flat is accessed internally and comprises an open plan
kitchen and lounge along with bedroom, walk in wardrobe
and bathroom. The building benefits from 8 x solar panels
on the roof, hardwood flooring in the bar, air conditioning, CCTV and an exposed brick finish, all to be included on a
repair and replace basis.
Location
The property is located on High Street in Wolstanton, a busy
street of commercial and residential properties. Wolstanton
is around 2 miles from the centre of Newcastle-under-Lyme
and 1.5 miles from the Wolstanton junction of the A500.
Services
Mains electric, gas, water and drainage are connected. Gas
fired central heating is available in the bar with electric
heating in the flat. No services have been tested by the
agents.
Tenure
Available by way of a new Full Repairing and Insuring lease
for a minimum of 3 years and with rent reviews every 3 years
and with each party bearing their own legal costs associated
with the lease.
VAT
The rent is not subject to VAT.
Business Rates
Rateable value
Rates payable
£8,100
£3,094.20 pa (26/27)
Note: If you qualify for small Business Rates Relief you may
be entitled to a 100% rates payable reduction.
Council Tax
91a High Street, Wolstanton – Band A
Accommodation
Ground floor
Bar area: 372 sq ft
Seating and cellar 340 sq ft
Rear seating 82 sq ft
Staff area 278 sq ft
NIA: 1,072 sq ft
First floor
Lounge: 136 sq ft
Kitchen: 96 sq ft
Bedroom: 75 sq ft
Walk-in-wardrobe: 39 sq ft
Bathroom: 59 sq ft
NIA: 405 sq ft
Total NIA: 1,477 sq ft
The Business Opportunity
The business continues to trade daily and generates
profitable turnover figures. The incoming tenant will have
the opportunity of continuing to trade for nil premium. All
of the equipment required to run the business will remain
insitu and the intention is that the day after the landlord
stops trading the new tenant will start, so that there is a
seamless transition. The only cost to the tenant will be stock
at valuation.
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g.
Photographic driving license, passport, utility bill) from the
applicant and a credit check may also be required, the cost
of which will be the responsibility of the applicant. Where
appropriate we will also need to see proof of funds.
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