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Former K Bar, 16 Hurst Street, Birmingham B5 4BN CONTACT US LEASEHOLD BAR OPPORTUNITY Former K Bar, 16 Hurst Street, Birmingham B5 4BN CONTACT US Prominent location close to Birmingham Hippodrome Viewing is strictly by prior appointment with Colliers International, through: An established bar and nightclub location Paul Hands Offering accommodation at ground and first floor Licensed & Leisure +44 121 265 7517 [email protected] Property Ref: 19782 Colliers International Eleven Brindleyplace 2 Brunswick Square Brindleyplace Rent - £50,000 p.a. plus VAT, if applicable BIRMINGHAM B1 2LP +44 121 265 7500 www.colliers.com/uk/leisure Former K Bar, 16 Hurst Street, Birmingham, B5 4BN LOCATION First Floor The property is located at Hurst Street, close to the junction Function room area with bar servery (currently unused). with Smallbrook Queensway, adjacent to Birmingham’s China Catering kitchen with dumb waiter to ground floor. Rear Town, Birmingham Hippodrome Theatre and the Arcadian hallway with ladies and gents toilets and beer cellar, having Centre and is also within a few minutes walk of the Bullring goods delivery lift from rear service yard. Shopping Centre and New Street Station. The immediate surrounding uses are a combination of bar/restaurant and Second Floor entertainment venues with a Chinese restaurant Mint Bar To manager’s office and storeroom. being adjacent and the Oceana Nightclub opposite. Other Service Area leisure uses in the area include the Circus Casino, Chung Ying There is a delivery service yard giving access to the rear of the Gardens Restaurant, as well as the Ibis, Holiday Inn and premises with a bottle store area. Radisson Hotel. RATEABLE VALUE DESCRIPTION The property is listed on the 2010 Valuation List as having a The property forms part of a multi-let building of steel and Rateable Value of £30,000. concrete construction, having glazed elevation and is arranged over ground, first and second floors. There is delivery access LICENCES to the rear. We have been informed that the property currently benefits from a Premises Licence with permitted hours from Monday to ACCOMMODATION Saturday 10.00 am – 6.00 am and Sunday Midday – 6 .00 am. The property is laid out as follows:- TENURE Ground Floor The property is held on a lease for a term of 35 years from 21 Glazed entrance doors leading into main open plan bar with August 1998 at a current rent of £50,000 per annum subject to part raised flooring having tiled floor covering. Bar servery to five yearly upward only rent reviews. the right hand side with wash-up/prep area (having dumb waiter). DJ booth. Manager’s office. Ladies, gents and PRICE disabled WCs. Rear fire escape, off which is a store/electrical Rent - £50,000 p.a. switch room. Former K Bar, 16 Hurst Street, Birmingham, B5 4BN TERMS LEGAL COSTS Offers invited for the leasehold interest Each party is to be responsible for their own legal and professional costs incurred in this transaction. FIXTURES AND FITTINGS No fixtures and fittings will be included in the sale. Any third FURTHER INFORMATION AND VIEWING party items, such as gaming machines, dispense All viewings must be made by appointment through sole equipment,sound systems etc, will also be excluded. agents, Colliers International. VAT Not what you're looking for? Why not visit our website at VAT, if applicable will be payable in addition to the purchase www.colliers.com/uk/leisure and view details of other price. properties we are marketing. Misrepresentation Act Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 30/01/2012 Colliers International is the licensed trading name of Colliers International UK plc. Company registered in England & Wales no. 4195561. Registered office: 9 Marylebone Lane, London W1U 1HL. 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