FANTASTIC INVESTMENT OPPORTUNITY

Fantastic Investment Opportunity THE ‘COMMERCIAL’ PUBLIC HOUSE WITH NIGHTCLUB, RETAIL UNIT AND SELF-CONTAINED ONE BEDROOM FLAT. For Sale via auction is the Commercial Public House, somewhat a local landmark within South Bank, Middlesbrough. The large building is not just a public house, it is a complex comprising of the Public House, a nightclub operating as recently as December 2013, separate retail unit plus one bedroom flat. This vast building is essential viewing in order to fully appreciate the size, scope and potential on offer. South Bank is located on the banks of the River Tees, approximately 3 miles from Middlesbrough Town Centre. It forms a major part of Redcar and Cleveland's Greater Eston regeneration project.

Tenure

Freehold

An extensive property that would initially appeal to the leisure business entrepreneur. Covering all aspects of the licensed trade activities with the opportunity to further develop each department. Approximately 15,000 sq.ft. of floor space over three floors which comprises, a large cellar, bar/ lounge, brasserie, offices, a night club and very spacious one bedroom flat. Each area has its own entrance and a fire escape for first floor. Public car parking is adjacent. The business was trading until recently but is being sold as freehold property.

Cellar

Accessed from behind the bar but with a beer drop. Four rooms, giving extensive storage facility but with plenty of headroom.

Ground Floor

Front Lounge: 32-0 X 24-6 Rear lounge: 35-0 x 12-6 Public Bar: 31-0 x 18-3 2 sets of ladies and gents toilets and central bar servery. Two further rooms behind the bar one of which is the beer cellar Brasserie with bar, store room, bar server, changing room and two offices. We are advised that the store room was formerly the kitchen and all services are still in situ although covered over. This area has its own entrance.

First Floor

Street level access and reception/office. There is disabled access via a stairlift to the night club. Substantial entertainment area with D.J. stand and central bar servery, lounge area and separate “chill out” room, ladies and gents toilets.

Directions

From A66 follow directions towards South Bank at the roundabout turn onto Normanby Road. Turn right onto Elm Street, then first right onto Jackson Street, then second left onto Middlesbrough Road.

EPC Rating; Flat –E, Retail Unit –C, Night Club – D & Commercial Public House -G

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Redcar & Cleveland Borough Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.