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Pink Nightclub & Millionaires Bar

93 Stafford Street, Hanley, Stoke-on-Trent ST1 1LS
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Ref: 5652065
Freehold£1,100,000

Contact Our Agent

Keith Stringer
Keith StringerDirector - Pubs & Restaurants
+44 7764 241 307keith.stringer@christie.com

At a glance

  • Established City Centre Nightclub & Bar
  • Profits £200,000 – 65% Funding available
  • Main circuit location – 04:30 licence
  • Nightclub (300) Bar/Function (100)
  • Management run on 3 day’s trading
  • 3 bed manager’s accommodation | Energy rating B
View full details Pink Nightclub & Millionaires Bar
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Pink Nightclub & Millionaires Bar
93 Stafford Street, Hanley, Stoke-on-Trent ST1 1LS
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Ref: 5652065

Pink Nightclub & Millionaires Bar

Description

A substantial three storey mid-terrace of colour rendered brick and panelled glass elevations beneath a multi-pitched roofline with single storey trade and ancillary extensions to rear.

Location

Occupying a prime city centre location upon Stafford Street opposite the Potteries shopping centre to the front elevation, whereas Millionaire's has independent access via Foundry Street to the rear, within the main licensed and retail circuit.

Internal Details

Ground floor: Entrance reception, Pink Nightclub (300), air-conditioned trade area with glazed picture windows to the front elevation, large wooden top bar servery to one wall, multiple inset TV's, high bar stools, VIP area, raised stage and DJ booth, wooden dance floor fixed perimeter seating, internal stair case to lower ground floor. Millionaires Bar/Function Suite (100), split-level open-plan air-conditioned trade area with a good sized centrally located 'vibrant' illuminated pink bar servery, wooden flooring, free-standing tables and chairs, entrance and exit on to Foundry Street.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

Ancillary Areas

Ground floor: Reception area, dry goods store, ladies and gents WC, and disabled WC. Lower ground floor: Dry goods store, main cellar, customer WC's

External Details

Externally, the property has a secure gated yard to the rear, and bin storage.

Owners Accommodation

Quality refurbished owner's/manager's accommodation (currently unutilised) situated to the first floor comprising; landing, lounge, three bedrooms, office, dressing room, bathroom, and utility room.

The Opportunity

Pink Nightclub has been long established since 2006 and has successfully traded as an independent nightclub and bar since its inception. The business currently trades Friday to Sunday and is being offered for sale due to our clients looking to move abroad. The business is presently run by our client with a part-time assistant manager and eight part-time staff, but could be run under management. For further details on Hanley's leading party venue, please follow their social media accounts on Instagram and/or Facebook, or via their website: Pink Nightclub

Trading Information

Consistent and impressive annual net turnover with adjusted net profit in excess of £200,000. Full accounts available upon receipt of a signed NDA.

Tenure

Freehold.

Business Rates

The Rateable Value is £21,500 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

The business has a premises licence 7 days a week until 4am.