Summary - 54, WOOD STREET FY8 1QG
1 bed 1 bath Restaurant
Central fitted premises ready to reopen for experienced operators or investors.
38 covers inside with contemporary Scandinavian-style fit-out
A well-equipped modern bar & bistro in the heart of St Annes, positioned directly behind M&S Food Hall and adjacent to the busy town square. The main dining room seats 38 with Scandinavian-inspired décor, a corner bar, open-pass commercial kitchen, walk-in fridge and chilled beer cellar. A paved forecourt with a retractable canopy adds about 30 al fresco covers and outdoor cooking capability.
The premises come ready to trade with a full inventory to be provided on sale and 3-phase electricity already installed. Practical features include a glass display wine cellar, staff and customer toilets, office and store rooms on the lower ground floor, and mains services throughout. The landlord is reported willing to negotiate a new lease, giving scope to secure longer tenure.
Important drawbacks are clear and material: only about 12 months remain on the current lease and lenders will likely refuse mortgage finance on this leasehold interest. The property sits in an area rated very deprived with a high local crime level, which may affect insurance, staffing and some customer perceptions. Prospective buyers should factor lease renegotiation, operating costs, and locality risks into any offer.
This opportunity suits an experienced restaurateur or investor ready to act quickly: if you can agree terms with the landlord or fund the purchase without standard lender mortgage support, the fitted setup and central, high-footfall location present fast re-opening potential.
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