We are pleased to bring this popular leasehold bar to the market on behalf of the current owners. Bar2b has a cult following and is located on the main drinking strip within the town and only comes to the market due to the current owners other business commitments. This is a rare business opportunity for a buyer to take over the running of this profitable and well established bar. We feel there is huge scope to increase turnover by increasing the opening hours opening hours and to take advantage of the food trade.
Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: Ons and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast, attracting an estimated 7 million visitors a year.
Harcourt Place lies within the heart of the town centre and on a well-recognised drinking route.
The property comprises a successful town centre bar spread across the ground and first floor of this mid terrace building. The bar is accessed via double doors from the street leading to generous openplan bar area with fixed perimeter seating together with a number of tables and stools. A timber servery is located to the mid section with prep area/store behind whilst to the rear lies a dj stand, raised stage area and both male and female toilets. The first floor is fitted out as an attractive gin bar sea views.
We understand that the property has an A4 (Drinking Establishment) use, in terms of the Use Class Order 1987.
The business has traded successfully since 2002 and is recognised as one of the towns most popular bars. Due to the current owners other business commitments, the bar currently only opens a handful of days a week and therefore there is huge scope to increase sales. Accounts are available to view to seriously interested parties who have viewed the premises.
Fixtures And Fittings:
An inventory of fixtures and fittings to be included in the sale is being prepared by our client and will be available to view to seriously interested parties who have viewed the premises.
Energy Performance Certificate:
The bar is rated for Business Rates as follows: Rv - £15,250
We would recommend that prospective purchasers make their own enquiries with regard to business rates payable directly with Scarborough Council.
A 20 year lease was granted in 2005 to our clients and we understand the current rent payable is £27,000pa. Please note that Sections 24 to 28 of the Landlord and Tenant Act 1954 have been excluded from the lease. This effectively means there is no security of tenure.
The full lease is available to view at our offices to seriously interested parties who have viewed the premises.
All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.
By appointment only via the Sole Selling Agents:
Cph Property Services 19 St. Thomas Street Scarborough North Yorkshire YO11 1DY
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