SOUTH YORKSHIRE - WELL PRESENTED BAR AND RESTURANT TO LEASE

Rotherham, Yorkshire

Ref: 96422

Leasehold £10,000

Key Features

  • Stylish ground floor bar and restaurant (60)
  • Located within a renowned South Yorks hotel
  • Sizeable and fully-fitted commercial kitchen
  • Ground floor, open-plan beer cellar
  • Large car park with ANPR system (150)
  • Front veranda with sheltered seating (30)
  • Location

    The Carlton Bar is situated within the Carlton Park Hotel on Moorgate in the large, South Yorkshire minster town of Rotherham. The town is approximately 7 miles north-east of the steel city of Sheffield, 12 miles south-east of the former industrial town of Barnsley and 13 miles south-west of the racecourse town of Doncaster.

    Rotherham benefits from a range of public transport networks which include: Rotherham train station which provides access to Liverpool Lime Street, Manchester Piccadilly and Wakefield Westgate (via Sheffield); the Sheffield Supertram which runs through Rotherham and stops at numerous locations throughout the area; and various buses which travel to and from other nearby towns in South Yorkshire.

    Rotherham is renowned for being a former coal mining town as well as a major contributor to the steel industry. Historically, it was also known for its glass making and flour milling. As of 2021, the town had a recorded population of 265,800.

    The town benefits from many notable landmarks and nearby amenities which include the historic 15th century Rotherham Minster, the AESSAEL New York Stadium (which has a capacity of just over 12,000 and is home to Rotherham FC who are known as ‘The Millers’) and the Meadowhall shopping complex which is full of entertainment venues and designer shopping outlets.

    Property

    The Carlton Bar is situated within a building of brick construction under a clay roof.

    TRADE AREAS
    - ENTRANCE HALL.
    - LADIES’ and GENTLEMEN’S TOILETS.
    - Open plan MAIN BAR/RESTAURANT with seating for 60, carpet flooring, a fireplace with an electric fire and a wooden bar servery.
    - Fully-fitted COMMERCIAL KITCHEN with a POTWASH AREA.
    - FRIDGE/FREEZER STOREROOM with an external delivery door and three 'walk-in' CHILLERS.
    - Open plan GROUND FLOOR CELLAR with an external barrel delivery door.

    EXTERNAL
    - FRONT VERANDA/DECKED PATIO with sheltered seating for 30.
    - CAR PARK with space for 150 vehicles. Note: the car park is shared with guests of the hotel.

    The Business

    The opportunity is available to lease the Carlton Bar, a dedicated bar/restaurant located within the prestigious Carlton Park Hotel in Rotherham. Our clients have instructed us to find a long-term, enthusiastic tenant to establish the Carlton Bar as one of South Yorkshire’s 'go to' dining establishments.

    The hotel has 36 guest bedrooms as well as meeting rooms and a large function room suitable for wedding receptions. The premises lends itself to a variety of cuisines. Its sizeable commercial kitchen is able to cater for well over 1,000 diners in one sitting and we are informed that it has done so in the past. Our clients have also indicated that there is the opportunity to lease additional areas of the hotel, subject to negotiation.

    Historic trade accounts are unavailable. Prospective purchasers must make their own assumptions as to likely trade levels, having due regard for the location and potential of the site.

    Tenure

    LEASEHOLD: £10,000 plus VAT to include fixtures and fittings.
    TERM: For a negotiable term between 5-20 years
    LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954.
    ASSIGNABILITY: Fully assignable subject to Landlord’s consent.
    DEPOSIT: A bond equivalent to three months' rent in advance.
    RENT: £28,000 per annum plus VAT, paid monthly in advance.
    RENT REVIEW: Subject to rent reviews every third year of the term in accordance with open market assessments.
    REPAIR LIABILITY: Part repairing and insuring lease. This is not a full repairing and insuring lease with the Landlord retaining responsibility for the structure of the building. The Tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
    TIE: Free-of-tie.
    INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
    VAT: VAT will be payable on the Premium and rental payments.

    All negotiation subject to covenant strength. An incoming party will be required to demonstrate sufficient funds to sustain their business model, and will need to demonstrate ingoing capital to cover the premium, rental deposits, stock and working capital as a minimum.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

    Licence

    A Premises Licence is held.

    Services

    All mains services are connected. (Note: the business’s gas and electricity
    costs will be calculated via a sub-meter).
    The venue benefits from a fire alarm.

    Local Authority: Rotherham Metropolitan Borough Council

    Enquire about this listing

    Zaine Lamont
    Eastern Counties