Gloucester - City Centre Music Venue For Sale

Property Information

Property:

Leasehold

Leasehold Type:

Existing

Lease Terms:

LEASEHOLD £45,000 to include goodwill, fixtures and fittings. (the music equipment, pizza oven and coffee machine are not included, however can be available by separate negotiation).

The Thirsty Pine Beer Café is held on a part repairing and insuring lease from a private individual for a term of six years, commencing 1 August 2024. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent is £46,800 per annum paid monthly in advance. The lease is free of all trade ties

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Location:

The city of Gloucester needs little introduction; it is the county town and one of the largest cathedral cities in the southwest of England. It has a population in the region of 150,000 and a large selection of amenities, as one would expect of a city of this size, it being the economic and administrative centre of the area.

The city attracts many tourists and visitors throughout the year. They come not just to see its renowned cathedral and the Severn Valley but also to explore the adjacent Royal Forest of Dean to its west and the Cotswold Hills to its east.

Gloucester’s traditional town centre has been enhanced in recent years with the leisure, retail and residential development of Gloucester Quays which is now one of the area's premier destinations. The subject property – The Thirsty Pine Beer Café – is located just off the popular city centre.

Business Operation

Management type:

This business has absentee ownership.