Description

Location

Peterhead is a large town, situated within Aberdeenshire, with a population in the region of 20,000 persons. The town lies at the east most point of mainland Scotland and is a busy commercial town, focussed around the large, sheltered harbour and the fishing industry.

Specifically, Déjà Vu is situated in an excellent trading position on Queen Street, within the core town centre. JD Wetherspoons is situated across from the subjects and there are a number of national and local retailers situated within the vicinity.

Description

Déjà Vu is formed within a building which was formerly a playhouse and/or cinema. The premises provide a high, most likely, brick constructed building, rendered externally. The main access is directly off Queen Street to the front, leading to a sheltered vestibule and, thereafter, into the main club reception area.

Accommodation

The accommodation is as follows:

Access

The premises are accessed directly from the front. There is a large reception area, with two pay-in booths and a cloakroom counter. In addition, there are large stores situated off the reception area, as well as access to the first floor.

Main Club

The main club has been attractively decorated. There are two bar serveries set to either side, with a large dance floor and raised DJ booth situated to the rear. In addition, there are raised seating areas to either side of the main dance floor. The club has a capacity for 525 persons and there is a mix of fixed back and loose seating for approximately 60.

Customer Toilets

Recently refurbished ladies, gents and accessible toilets situated off the main trading areas.

Ancillary Accommodation

A variety of stores, beer cellar and manager’s office. In addition, there is a first floor, which provides additional storage rooms, as well as the original lower and upper circles serving the cinema/playhouse.

We estimate that the ground floor gross internal area is approximately 4,750 sq. ft. (441.29 sq. m.).

Rateable Value

The Rateable Value of the nightclub is £26,000. A new operator will have the right to appeal the Rateable Value.

Services

We understand that the premises are connected to all mains services.

Premises Licence

There is a premises licence in place. The premises licence will be transferred to a purchaser or new tenant.

The Business

The business has been under the operation of the current occupier for a number of years. The level of revenue, pre-pandemic, was £210,000 net of VAT, excluding door income, which was estimated at a further approximate £52,000 per annum. Historically, therefore, the business generated a good level of revenue. The current operator is concentrating on other business interests and, therefore, will be vacating the business.

The Opportunity

Déjà Vu provides an ideal opportunity for an incoming purchaser or tenant to acquire a large and established town centre licensed premises. The business would also be suitable for a number of alternative uses, which may include a gig venue, children’s play centre, general entertainment venue or for church/religious use.

Price & Rental

The premises have been placed on the market at a reduced price of offers over £135,000 for the benefit of the heritable interest in the premises.

The premises are also available for lease. The rental has been reduced to £17,500 per annum. In addition, a one-off payment for the trading inventory will be required from an incoming tenant.

EPC

The property has an EPC rating of G.

Viewing & Further Information

Strictly no approaches to be made to the property direct. For further information please contact CDLH on 0141 331 0650.

Floor Plans

There are no property floorplans available

Dataroom

There are no property datarooms available