TypeTrack Sport venues · Nightclubs / Clubs / Banqueting · Bars/Pubs · Restaurants · Leisure & Hotel Investments
TenureFor sale
Freehold investment for sale on behalf of the joint fixed charge receivers
The Property comprises a two storey detached brick-built building, with a two storey addition to the front, which sits beneath a pitched slate covered roof and flat roof.
The total site area extends to 0.26 acres.
Ground Floor: The ground floor provides a central bar servery and seating for 150 customers with standing space surrounding the snooker tables. Ancillary areas include customer WCCCs and a ground floor cellar.
Lower Ground Floor: The basement floor provides a function room for 150 customers with a stage area and dancefloor. Ancillary areas include disabled WCCCs, customer WCCCs, managerrrs office, commercial kitchen, and stores.
Externally: To the side there is an enclosed ground floor drinking terrace for approximately 120 covers.
Tenure
The Property is held freehold (title numbers SYK399964 and SKY399965).
Tenancy
The entire Property is Let to Hotel Van Dyk Limited (company number 07922515) on a 4 year lease from 2020 to January 2024 at a passing rent of £70,000 per annum which is subject to annual RPI increases. The rent payment dates are 25 March, 24 June, 29 September, and 25 December.
Services
We understand all main services are connected. However all interested parties should make their own enquiries to the relevant authorities regarding the suitability, capacity and exact location of services.
Fixtures and Fittings
No fixtures and fittings will be included in the sale unless agreed. Any third party items, such as gaming machines, dispense equipment, sound systems etc, will also be excluded.
The subject Property is entered in the 2023 Rating List with a Rateable Value of £29,750.
The Property has been granted a Premises Licence in accordance with the Licensing Act 2003.
Situated fronting onto Bank Street just off the A6023 in a central location of the South Yorkshire town of Mexborough, which lies on the River Don. Mexborough is located approximately 8 miles west from Doncaster and 10 miles south east of Barnsley.
The immediate locality is predominantly commercial with mainly small independent retailers fronting Bank Street and retail corporations such as Greggs, Poundland and B&M based on the High Street. The Property is situated only 0.2 miles north of Mexborough train station and 0.3 miles east of the local bus station.
Snooker club investment
Let to Hotel Van Dyk Ltd
Income £70,000 pa
Lease expires Jan 2024
Site size 0.26 Acres
Outside Terrace