Ready-to-run bar with food trade, pavement seating and a midnight licence.
Victorian character with large arched windows and exposed brickwork
A traditional Victorian bar in the heart of Middlesbrough’s Bedford Street, offered as a going concern for £60,000. The ground-floor layout provides open-plan seating for 55, a fitted bar, a fully equipped commercial kitchen and pavement seating for a further 16–20 with a licence. Trading currently five days a week with a midnight licence and match-day openings, the business suits a buyer who can extend hours and local trading days.
The property is held on a short lease (£1,300 pcm including VAT) with only 10 months remaining; the landlord is expected to offer a new lease but terms are not guaranteed. Rateable value is £12,250; there may be small business rates relief—prospective purchasers should take independent council advice. Telecoms are strong (excellent mobile, fast broadband) which supports managed bookings and delivery platforms.
Location sits in a cosmopolitan, student-focused neighbourhood with very high local crime levels and a very deprived area classification. These factors suppress some rents and offer opportunity for repositioning, but they also pose operational and insurance challenges. The building’s Victorian character and central position provide scope for refurbishment and growth, though buyers should budget for fit-out and ongoing maintenance.
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