Fri, 22 Mar 2019 | BUSINESS SALE
A former nightclub based in Scunthorpe has been put up for sale with an asking price of £625,000, and is being marketed by property consultants PPH Commercial.
The Britannia Bar and Nightclub, fondly known as just The Brit, opened its doors for the very last time to revellers on New Year’s Eve roughly three months ago, and operated as a commercial venue with an 800-person capacity.
A historic building, it first opened in 1907 as a pub and traditional ale house for Melbourne Ales. It was purchased in 2010 by current owner Scott Slingsby and converted into a nightclub then.
The Brit is now open for sale with an earmarked price of £625,000 through PPH Commercial or is also considered for lease with an annual rent of £45,000.
PPH Commercial’s chartered surveyor, Duncan Willey, said: “The Britannia is a highly-prominent landmark at the heart of Scunthorpe, and I’m sure many people will have fond memories of spending fun-filled nights there from when it opened as a bar and nightclub.
“It may have closed its doors for now, but I still believe it has a really exciting future ahead. We just need to find a passionate new owner who has vision and ambition for what is a truly lovely building.”
Plans for conversion were approved in January this year by the North Lincolnshire Council, with designs for offices, a shop, café and even hair and beauty salon considered for the space. The end result is pending on new ownership and their plans for redevelopment.
Willey commented: “Whatever the future holds in store, I’m sure the Britannia will once again play an important role at the heart of Scunthorpe’s high street.”
For more news stories about business sales, click here. For all our business for sale listings, click here.
The Business sells a variety of accessories for the fitness market through Amazon, ebay and its own website. In the financial year 2019-2020 the Business achieved a turnover of £6 million and is currently on track to do sales of £10 million in the cu...
WEB-BASED
Indoor children's soft play centre, laser tag arena, cafe, restaurant and home food delivery service. This life style opportunity has arisen to buy a Children's Indoor Soft Play Centre business in Cornwall with a consistent £470k to £490k turnover th...
FREEHOLD
Well-established company operating for over 14 years. Offers weekend breaks, five-day breaks and summer holidays to the UK and Europe. Provides a door-to-door pick-up service. Prints a range of holiday and excursion brochures.
FREEHOLD
|
04
|
|
Dec
|
BiFab falls into administration after Scottish government withdraws support | ADMINISTRATION
Fife-based renewables engineering firm Burntisland Fabricati...
|
03
|
|
Dec
|
SDI Group acquires lab equipment firm in £5.8 million deal | BUSINESS SALE
Acquisitive science and technology firm SDI Group has bought...
|
02
|
|
Dec
|
Bonmarché falls into administration | ADMINISTRATION
Fashion retailer Bonmarché has fallen into administra...
Sign up to receive our acquisition alert emails to get your FREE guide
|
24
|
|
Feb
|
Clugston Group former headquarters up for sale | COMMERCIAL PROPERTY
St Vincent House in Scunthorpe, which was the headquarters o...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources