4/17/2018 | Pubs

​Wakefield nightclub Kookoo Cage to reopen with experienced operator

Specialist business property adviser, Christie & Co has completed on the leasehold of the Kookoo Cage, a closed bar, nightclub and events venue situated on the bustling Westgate high street in Wakefield, West Yorkshire. Situated in the heart of Wakefield’s nightlife scene, the business benefits from high footfall in close proximity to Trinity Walk shopping centre and Wakefield College.

The property occupies the ground and first floors of a Grade II end of terrace property, boasting a spacious main bar servery, dancefloor, seating area for 50 covers, DJ booth and private lounge for events and functions on the first floor. The business has previously operated under predominantly wet led sales, with potential to further expand the food offering.

The property has been leased on a 10 year lease to Catelinn Burdon, an experienced operator in the licensed and hospitality sector across Yorkshire, who plans to trade the business as Oscar’s Bar.

Sam Ashton, Business Agent at Christie & Co handled the sale and comments, “Situated on such a busy licensed circuit and a weekend social scene popular among the locals like Westgate, Wakefield, it is no surprise that this empty unit did not last long on the market. I have no doubt the business will be a successful drinks spot amongst other competitors in the area. An affordable food offering could soon be introduced to the business model at a later stage once it becomes more established in months to come.”

Christie & Co sought a leasehold asking price of Nil premium for the leasehold.