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Description

NIGHTCLUB/BAR PREMISES (NOT TRADING) LINEKERS BAR PROMENADE BLACKPOOL ASSIGNMENT OF A LONG LEASE. EXPIRES MARCH 2078 EFFECTIVE FULL REPAIRING & INSURING TERMS PEPPERCORN RENTAL PREMIUM IN THE REGION OF £200,000, PLUS VAT.

Location.
Promenade location in the Palatine Building, a landmark island site, on the corner of Adelaide Street West, two blocks south of Blackpool Tower. Not far from North Pier, the Golden Mile, Coral Island Amusement Centre and the main retail areas including the newly extended Hounds Hill Shopping Centre.

Description.
Prominent corner ground floor entrance, with wide staircase leading to the main club and bar area, at basement level.

Accommodation.
Basement level gross internal area totalling approx. 541m2 (5,825sq.ft.) Two bars, dancefloor with DJ area and fitted seating. Ladies and Gents wc’s, beer store, kitchen, managers office etc., There is also a plant room at second floor.
The premises have previously had a permitted capacity of 300. This would be subject to

Services.
All mains services are connected, or available in the locality.
A service charge is payable in respect of maintenance and repair of common areas and external parts and other services of the Palatine Building.

Business Rates.
The premises have a Rateable Value of £38,750. Business Rates Payable 2012/13 £17,747.50

Planning & Licensing.
The premises were last used as a nightclub. Interested parties should make their own enquires in respect of Planning and Licensing at Blackpool Council.

Lease.
The premises are held on a long Lease for a term expiring March 2078, on full repairing and insuring terms, by way of service charge.

Service Charge.
An on account service charge of £2,000 per quarter is payable, in addition to the rent, in respect of maintenance of all common parts and other services in respect of the Palatine Building. The service charge balance is calculated annually.

VAT.
The rent and service charge as quoted above are exclusive of, but liable to the additional charge of VAT, at the standard rate.

Legal Fees.
The Tenant will be responsible for all reasonable legal costs incurred in the transaction.
Viewing.
By appointment with Preston & Bedford.
Notes.
1. Measurements have been made in accordance with the RICS Code of Measuring Practice.
2. We have not tested any services, systems, appliances at this property and no warranty can be given as to their condition.
3. Any photographs and plans attached to these particulars were correct at the time of production a
and are for reference rather than fact.