New owner for well-loved bar in Sunderland
Specialist business property adviser Christie & Co has announced the sale of the freehold interest of The Life of Riley, a popular bar in Sunderland, reinforcing its position at the heart of the city’s vibrant hospitality scene.
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Located on Green Terrace, The Life of Riley is known for its lively atmosphere, spacious layout, and central location near the university. The bar has a large open-plan area, a VIP lounge, and modern facilities, and is a key part of Sunderland’s established licensed circuit.
The sale ensures the business’ future, with the current operator, an experienced and successful name in the sector, continuing to run the venue as normal. The venue remains open and fully operational, with all staff retained and upcoming events proceeding as planned.
The sale was handled by specialist business property adviser Christie & Co. David Cash, Director at Christie & Co, commented, “The Life of Riley represents a high-quality investment opportunity in a thriving city centre location. With a strong tenant in place and excellent rental returns, it’s a great example of how well-operated hospitality businesses continue to attract investor interest. We’re pleased to have facilitated a deal that benefits both parties while ensuring continuity for customers and staff.”
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
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