Walker, NE6 2PR

Opportunity This property is located on Scrogg Road close to its junction with Welbeck Road and in the heart of a densely populated residential area. The premises are currently operating as a venue for various live events including music, sporting and special occasions and was originally a cinema. The premises has an alcohol license in place and can hold up to 500 persons. The ground floor offers a pleasant entrance foyer with separate ladies and gents toilets and then into a bar area with the large performing area and stage beyond. The original cinema seating has been removed to create this open performance and standing space. The two upper floors are accessed by designated stairways and offer gallery seating overlooking the main performance space. There are additional toilet facilities together with a number of offices including the original projector room. There is a secure and dry basement to the rear of the premises and this is accessed from behind the stage. Viewing is recommended as this is a relatively unique opportunity and the premises could be suitable for a Tenure: The premises are to be offered on a new FRI lease for a term to be agreed The rent is £32,000 per annum. Alternatively, an option to purchase the freehold will be considered at £450,000 + VAT Licensed Trading Hours: Monday Sunday Rates: Saturday 09.00 till 23.30 09.00 till 23.00 Rateable Value £10,000