Well-known hospitality venue on South Shields seafront changes hands
Specialist business property adviser Christie & Co has announced the sale of the long lease for The Rattler, an established restaurant and bar business on the South Shields coastline.
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The Rattler takes its name from the Marsden Rattler train, which used to run from South Shields to destinations such as Tynemouth, Boldon and Sunderland. The converted train carriages now form part of the restaurant and bar, offering a unique dining experience.
Occupying a prime position on Sea Road, The Rattler comprises a bar, restaurant and conservatory, as well as an outside bar and terrace overlooking the beach. It has long been a fixture in the local community and forms part of the popular circuit of licensed venues.
The long leasehold of the building has been sold by owner Cameron’s Brewery, while the operating business remains under its current management and will continue to operate as normal.
This acquisition highlights continued investor confidence in the hospitality sector, particularly in well-established locations. “We’re delighted to have concluded the sale of this iconic property,” said Marslie McGregor, Business Agent – Pubs & Restaurants at Christie & Co. “The Rattler is a much-loved venue with a strong trading history, and this deal ensures its continued operation while offering the purchaser a secure, long-term investment.”
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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