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Sanctuary, 4-13 St. Nicholas Street, Scarborough, YO11 2HF

£1

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Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • 0.2 miles From South Bay beach
  • 60 cover bar & Kitchen
  • Fully renovated, high spec fit out
  • Lease ends in 2031
  • £60,000 rent per annum
  • Energy Rating C
  • Christie & Co Ref: 5455540

Description

Description

Sanctuary Bar is an ideally located, fully fitted out, bar in the centre of Scarborough. Less than a quarter of a mile from the beach front, on a busy high street, this approximately 60 cover bar is the perfect fit for anyone wanting to open their first bar, or add it to an existing portfolio.

Location

The property is situated in a prime location on one of the main streets in the busy tourist town of Scarborough, set amongst a host of other complementary businesses including bars, restaurants and national retail shops.

Scarborough is the largest town on the Yorkshire Heritage Coast and, thanks to its wide range of attractions, it is one of the main tourist destinations in the UK.

Nearby is the North York Moors National Park and the historic coastal town of Whitby, whilst further afield is the world famous City of York.

Internal Details

The ground floor has a long bar against one wall, fully serviced commercial kitchen, pool table, accessible toilets and staff back office area. There is a mezzanine to the first floor which has additional space, mostly booth seating, with a private bar and is ideal for private hire or busy weekend days. The basement houses the customer toilets, store room, staff rooms and beer cellar.

The site had a £400,000 investment in 2018

Fixtures & Fittings

Fixtured and fittings are included with the exception of items that are personal to our clients.

The Opportunity

The Sanctuary offers any new owner the opportunity to work with an high spec template to start their first bar or add one to their existing portfolio. With Scarborough having over two million visitors a year, and being the second most visitor town in the UK, according to Sykes cottages database, the potential for the site is huge. With nil premium in-going, and no fit out costs needed, this site is a one off in the current market.

Trading Information

Turnover Y/E Dec 2023 - £437,780

Trading Hours

12pm - 10pm Sunday to Wednesday
5pm - 10pm Thursday
12pm - 3am Friday & Saturday

9am - 4am Alcohol License for 7 days a week

Tenure

Leasehold
25 Year Lease
Lease Ends 28/09/2031
Rent £60,000pa

Energy Performance Certificates

EPC 1

Brochures

Sanctuary, 4-13 St. Nicholas Street, Scarborough, YO11 2HF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scarborough Station0.3 miles
  • Seamer Station3.0 miles
  • Filey Station6.6 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5455540-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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