Summary - 3, CLIFF STREET YO15 2NJ
1 bed 1 bath Bar / Nightclub
Large events‑ready venue with strong scope to grow food and bookings.
Large multi‑room trading layout with first‑floor function room
Close to seafront and town amenities; strong footfall potential
Food trade and private‑hire events offer uplift potential
Leasehold: £29,000 pa rent; £30,000 ingoing premium
Interior is dated and requires modernization and redecorating
Area records very high crime and very high deprivation
Excellent mobile signal; broadband speeds average
Upper floors provide small residential accommodation (1 bed/1 bath)
A substantial town‑centre licensed premises with large trading areas and a first‑floor function room, offered as a leasehold opportunity. The property occupies a central street frontage close to the seafront and town amenities, providing immediate footfall from both local residents and visitors. The layout supports wet sales, events, and a clear opportunity to grow food trade and private‑hire income.
The internal fit-out is traditional and dated: carpeted and vinyl floors, paneled bar, suspended ceilings and feature mirrors. That makes this a sensible acquisition for an operator prepared to invest in modernization to lift food offer, lighting and decoration. Full inventory, fixtures and fittings can be supplied on request, enabling a rapid reopening for an experienced publican or hospitality investor.
Material considerations are straightforward and should inform any business plan. The site is leasehold with an annual rent of £29,000 and an ingoing premium of £30,000. The immediate area records very high crime levels and very high deprivation; this, together with the local demographic classifications, may affect late‑night trading patterns and customer mix. Broadband speeds are average but mobile signal is excellent.
In short: a large, well‑located public house with events and food potential, priced for a tenant operator willing to invest in refurbishment and build on an existing local following. The premises suit an experienced operator or investor targeting growth through improved catering, entertainment programming and private‑hire bookings.
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