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5 Star Events Space In Middlesbrough For Sale

Middlesbrough, Teesside, UK
Asking Price:
£90,000
Turnover:
On request
Net Profit:
On request

A multi-use Independent venue with a unique and rare offering situated in The Historic Quarter of Middlesbrough, an area of redevelopment.

Currently in. long term lease with an option to renew at £13,000 + VAT Per Annum.

Due to the bars location in The Historic Quarter there is no business rates payable at the property.

The sale includes a Premises Licence which is completely incident free and covers the main bar plus our two shipping containers which are also fully licensed, along with a Pavement Licence which has doubled in size since 2023.

The outdoor area has recently had a 25 metre branded fence put in along with an extra 36 brand new six seater picnic benches. The two 20ft shipping containers have been fully converted and renovated to match the main bar, viewing is highly recommended.

5-Star Hygiene Rating

8+ years of history and excellent reputation

Google Listing (4.5 Star Reviews)

Facebook Page (5k+ Followers)

Twitter Page (1k+ Followers)

Instagram Page (3.5k+ Followers)

£15k was invested in 2021 to install utilities under the street from the main building to the shipping containers with the potential to power future growth in mind.

Featured in The Telegraph, ITV 1, NARC Magazine, Teesside Live and more recently on BBC 1, BBC Tees & Hits Radio

High profile gigs over the last year alone include The Lathums, The Sherlocks & Jamie Webster

Euro 2024 Fan Zone - Hit The Bar were the only venue in Teesside to be given permission for an outdoor big screen event due to the offering, our reputation and the event plan itself.

They are primarily an event based venue only opening for Middlesbrough FC Home Games, private hires and gigs but there is untapped potential for extra opening as the area continues to grow with Stack, Bloom, The Riverside and our prominent position outside the newly renovated Train Station all promoting footfall.

All 3 bars have recently been fully renovated with 4 new remote coolers, 4 new heat dumps, & 21 new taps.

Property Information

Property:

Leasehold

Leasehold Type:
Existing