Description

LANDLORD INVESTMENT BEING UNDERTAKEN AT CIRCA £100,000 TO CREATE A SPORTS BAR IN WALK-IN CONDITION

LOCATION

Tokyo Joe is situated on West Burn Street, within the centre of Greenock. The premises lie only seconds walk from one of the main entrances to the Oak Mall Shopping Centre and are conveniently located with easy access from the main road, leading through Greenock Town Centre.

There is on street car parking immediately to the front.

DESCRIPTION

Tokyo Joe is arranged within a large single storey building. The building appears to be of brick outer walls, under a pitched roof, clad externally in corrugated sheeting. There is attractive lead work to the frontage, as well as a central access door and ample room for good quality signage.

ACCOMMODATION

Internally, the accommodation is as follows:

INTERNAL

Access

The access is direct from an attractive doorway to the front of West Burn Street. This leads into a lobby area and, thereafter, the main trading areas.

Front Bar

Contemporary decorated front bar area. There are glazed windows to the front, providing good quality natural light.  Seating is provided from a mix of booth style seating and fixed back seating, supplemented by loose timber tables and chairs. We would estimate total seating for approximately 50 persons. An attractive bar servery with marble top and tiled gantry to the rear, is situated to one side.

Rear Seating

There is an attractive rear seating area. This has a mix of booth and fixed back seating, supplemented by tables and chairs. We would estimate seating for approximately 30 persons.

Customer Toilets

Ladies, gents and accessible toilets.

Kitchen

Full commercial kitchen with commercial extraction. The kitchen is situated between the front and rear bar areas.  There is a general cooking area and a variety of preparation areas.

Call Service Area

Situated adjacent to the kitchen. With refrigeration units and preparation areas.

Service Areas

Store situated off kitchen. Large store and beer cellar situated to rear of bar servery.

Side Fire Exit

Leading from the front of the premises to rear beer garden.

EXTERNAL

Yard Area

With timber shed.

Beer Garden

Accessed directly from the rear bar. Attractive enclosed beer garden, with seating for approximately 60 persons from a mix of timber garden tables and loose garden tables and chairs.

SERVICES

We understand that the property is connected to all mains services, including water, gas, electricity and drainage.

RATEABLE VALUE

The premises have a Rateable Value of £29,500, effective from 1st April 2023.

PREMISES LICENCE

There is a premises licence in place, regulated under the 2005 Licensing (Scotland) Act.

THE OPPORTUNITY

The premises currently trade as Tokyo Joes, a popular town centre licensed premises, providing both food and wet sales. The premises were built as a purpose built licensed establishment around 2010 and are in a first class condition throughout.

The subjects are available with vacant possession on a new lease. The level of sales historically were excellent, trading in the region of £17,000 to £18,000 per week.

The premises are situated within an excellent trading position and are in a walk-in condition. The premises would be ideal for use as a sports bar with food.

ASKING PRICE

There is a £NIL premium. The asking price is offers over £30,000 per annum for a new lease. The tenant will be obliged to purchase beer products from the landlords, although a good discount will be provided. 6 months rental deposit will be required from an incoming tenant.

EPC

The property has an EPC rating of G.

ANTI MONEY LAUNDERING

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, came into force on the 26th June 2017. This now requires us to conduce due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence.

Floor Plans

• Tokyo Joe Floor Plan

  

Dataroom

There are no property datarooms available