Sanctuary

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 POA