Substantial Public House and Health & Fitness Club For Sale
The Coal Orchard comprises a four storey building originally constructed in the 1930’s as a cinema. To the rear of the property is a beer terrace currently laid out to provide seating for approximately 50 covers.
Ground Floor: Trading accommodation with bar servery to one side and a variety of tables and seating for approximately 176 covers. A wash up area, two small store rooms and a disabled WC are also provided at this level.
First Floor: Ancillary accommodation including customer WC’s, catering kitchen, beer cellar, managers office, staff changing areas and additional storage
Second & Third Floor: Separately let health & fitness club which comprises two separate gym areas with a kitchen and storeroom at second floor and two
treatments rooms as well as male & female WC’s and changing facilities at third floor level.
The second and third floor is currently let to a local health & fitness club operator on a lease which has recently expired. Terms have been agreed for a new lease for a term of 10 years at a rent of £10,000 per annum subject to five yearly upwards only rent reviews and a tenant break clause at the end of the sixth year of the term.
Rateable Value & EPC
2017 Rateable Value -
Public House - £80,000.00
Gym - £13,750.00
EPC – An EPC is in the course of preparation.
Viewings & Terms:
Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff.
Offers are invited in the region of £450,000 for the benefit of our clients freehold interest.
To see further available JD Wetherspoon Public Houses
across England, Scotland and Wales please visit:
|Floor / Unit||Type||Size||Status|
|Ground||Pub||4437.67 sq ft||Available|
|1st||Pub||4435.52 sq ft||Available|
|Outdoor (Beer Garden)||Pub||956.7 sq ft||Available|