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.
Now available to the market is this highly regarded, traditional country pub situated in North Lincolnshire. Under current ownership since 2017, the pub has gone from strength to strength, offering premium quality food and drink as well as comfortabl...
FREEHOLD
Excellent margins across stock. Strong relationships with key suppliers. Approved supplier of recognised brands. Minimal overheads. Relocatable opportunity. The business is now available on a relocatable basis due to the current owner’s other busines...
RELOCATABLE
Highly profitable business offering the region’s widest range of non-surgical facial treatments. Established over 15 years ago, the business delivers a premium service and has a strong recurring customer base. Gross margin in excess of 70%, £350k pro...
RELOCATABLE
|
09
|
|
Dec
|
Scunthorpe construction group call in administrators | ADMINISTRATION
Scunthorpe-based Clugston Group and Clugston Construction ha...
|
06
|
|
Dec
|
KPMG agrees to sell pensions arm | DIVISION SALE
Professional services network KPMG has announced that it has...
|
05
|
|
Dec
|
What a Labour government would mean for UK entrepreneurs | BUSINESS NEWS
Private business mergers and acquisitions expert Sue Green o...
Sign up to receive our acquisition alert emails to get your FREE guide
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