The North East's Top Dealmaker, 2 years running* | The Qube, Windward Way, Middlesbrough, TS2 1QG

Landlords

Popular bar/night club in Town Centre

25 Corporation Road, Middlesbrough, North Yorkshire, TS1 1LP, UK
£ 375,000
Please insert the symbols from the Image to field below.
  I have read and agree to the terms and conditions
Property Description:

Mink Bar is one of Middlesbrough's most popular cafe bars with a reputation as a lively entertainment venue, hosting regular live bands, acoustic sessions, comedy and much more.

Location

The premises is located on Corporation Road opposite Centre North East and the Cleveland Shopping Centre. It is close to the junction with Albert Road and Middlesbrough Town Hall. Nearby occupiers include Turtle Bay, HSBC, Barclays, Charles Clinkard, Bistrot Pierre, Lane 7, Flannels and Soho.

Middlesbrough Town Centre is currently undergoing a multi-million pound transformation with a new 138 bed Holiday Inn Express Hotel just a stone's throw away and with the Town Hall recently completing its very own £8 million refurbishment. The Town Halls' refurbishment will lead to the relocation of the registry office and the creation of a Heritage Visitor attraction.

Description

The property comprises 2 traditional Victorian terraced properties that have been combined and lovingly restored to uncover the building's history, with exposed up-cycled industrial and natural materials throughout.

The ground floor is currently fitted out as a bar area in a rustic style, with various seating areas, an elevated stage for live music performances, a beer store and male/female WCs. The 1st floor is fitted out in a more relaxed style, with a bar area, sofas and additional toilets. The 2nd and 3rd floors are currently fitted out as private accommodation but we easily lend itself to further expansion of the business. On the 2nd floor there is a bathroom, kitchen and seating area. The 3rd floor includes a bedroom.

Accommodation

Ground Floor - 105 sqm / 1,133 sqft
First Floor - 105 sqm / 1,133 sqft
Second Floor - 46.69 sqm / 502 sqft
Third Floor - 31 sqm / 335 sqft

Total Floor Area - 287.69 sqm / 3,103 sqft

Planning

The property currently has planning consent as a drinking establishment, with a Premises Licence allowing the business to operate until 2am, 7 days a week. The Licence allows for a capacity of 180 on the Ground Floor and 150 on the First Floor.

Rates

The Valuation Office website shows a rateable value of £16,750 per annum. 

Terms

The premises are available For Sale or To Let. 

Freehold: offers invited based on £375,000
Leasehold: rent offers invited based on £27,750 per annum for a minimum of 10 years with an upwards only rent review on the 5th anniversary. 

The existing fixtures, fittings and stock are available by way of separate negotiation. 

An inventory is available by request. The sale includes the Mink Bar name and branding, including any associated domain names and social media profiles.

Additional Info:
This superb 4 storey premises contains one of the town's most popular cafe bars. In a prominent location, nearby occupiers include Turtle Bay, Soho, Lane 7 and Bistrot Pierre

Features

General Facts & Features
High pedestrian footfall
Established neighbouring businesses
Close to transport links
Fixtures and Fittings
Utility - Gas supply
Utility - Electric supply
Utility - Water supply

Location

Transport Links

  • Airport: 25 minutes by Car
  • Bus station: 5 minutes by Foot
  • Train station: 5 minutes by Foot
  • Town center: 1 minutes by Foot
Lower running costs (kWH/m)
(< 25) A
(26 To 50) B
(51 To 75) C
(76 To 100) D
(101 To 125) E
(126 To 150) F
( > 151) G
115
Please insert the symbols from the Image to field below.
       
Please insert the symbols from the Image to field below.
  I have read and agree to the terms and conditions
Related properties
pb428, Former Shakespeare Pub to Rent
To Let

Former Shakespeare Pub to Rent

34 Linthorpe Road, Middlesbrough, North Yorkshire, TS1 1RD, UK
pb55, Late Night Bar in Town Centre
To Let

Late Night Bar in Town Centre

12-13 Exchange Walk, Middlesbrough, North Yorkshire, TS1 1RY, UK
pb63, Town Centre retail premises
To Let

Town Centre retail premises

Exchange Walk, Middlesbrough, North Yorkshire, TS1 1RY, UK
pb38, Boho 6
To Let

Boho 6

Linthorpe Road, Middlesbrough, Middlesbrough, North Yorkshire, UK
pb442, Land with approval as Gas & Battery Storage Facility
For Sale/To Let

Land with approval as Gas & Battery Storage Facility

Land at Wembley Gardens, Northumberland, NE22 7DB, UK