Property briefs
- Chesterton has been appointed by the Spirit Group to identify and acquire up to 40 sites for its Two for One, Wacky Warehouse and Bar Room Bar concepts. The agent is looking for sites in Cornwall, Devon, Somerset, Dorset, Avon, Gloucestershire, Wiltshire, Hampshire, South Wales, Cumbria, Lancashire and North Staffordshire. Spirit has already identified 26 suitable locations for the outlets, 23 of which would be roadside sites for Two for One and Wacky Warehouses and the rest urban locations for its Bar Room Bar pizza brand.
The famous Marquee music venue in Islington, North London, is up for sale. The business which went into administration on January 20 was resurrected in September last year and has a number of famous acts booked until March. The 1,200-capacity venue has a bar and grill, a turnover of around £500,000 and employs 40 staff. BDO Stoy Hayward Business Recovery is handling the sale of the business.
Robert Barry & Co has sold the Station Inn at Ribblehead, near Ingleton, North Yorkshire, for an asking price of £275,000. The pub was built at the height of the Victorian railway boom in 1874 to service the adjacent Settle to Carlisle railway. The traditional inn has separate bunkhouse accommodation which sleeps up to 32 people and a two-bedroom apartment for the residential owners.
The Sheriffmuir Inn in Sheriffmuir, Perthshire, is flanked by the Ochil Hills. It is three miles from Dunblane and a couple of minutes drive from the Stirling to Perth dual carriageway. The pub has a lounge bar, restaurant and a fitted catering kitchen. It also has four letting rooms which could be transferred into owner's accommodation. The current owners have a planning application in progress to build a house, function suite and 10 more bedrooms within the inn. Offers in excess of £650,000 are being sought for the freehold interest. Christie & Co is handling the sale. Call 0141 352 7300.
The Lord Cecil pub in Hackney, London is situated on the Lower Clapton Road near a heavily populated area of mixed residential, retail and light commercial use. The site has an open plan traditional style bar, timber floor, eight bedroom living accommodation, large trade kitchen and a small staff kitchen. The property is held on a 20-year lease which started in June 1994 with a rental of £34,000 per annum. Fleurets, who is handling the sale, is looking for offers in excess of £69,000 for the leasehold interest - inclusive of the trade inventory plus stock valuation. Call 0207 636 8992.
Newmarket pub the Crown is a favourite with racegoers in the Suffolk town. The pub which is over 300-years old has an open bar on two levels, five-bedrooms and a good size trade kitchen with the opportunity to develop a food trade. The property is available on a 21-year lease from 2000 at a figure of £84,950. Fleurets is handling the sale. Call 01787 378050.
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