FOR SALE / TO LET EDGE OF TOWN CENTRE NIGHTCLUB WITH REDEVELOPMENT POTENTIAL Liquid & Envy, Main Street, Rotherham S60 1EJ Prominent 1.965 acre site close to new council offices and the new Rotherham United FC stadium
Rotherham Overview Rotherham, within South Yorkshire, is seven miles to the east of Sheffield, 14 miles to the south west of Doncaster and 25 miles south of Leeds. Road communications are excellent with junctions 33 and 34 of the M1 linking to the town centre and the M18 via junction 1 within four miles drive time. Rail services to London Kings Cross are available in approximately 2.5 hours. Rotherham has recently embarked on what is called the Renaissance Project aimed at delivering new, high quality retail, leisure, office, residential and public space schemes. The project hopes to attract around 2bn in investment, mostly from the private sector over a 25-year period. The site is situated in a prime position to take full advantage of the proposed investment with the new council offices and football stadium already been built nearby.
en Brough Middlesbrough Darlington Scotch Corner Windermere Kendal Thirsk Morecambe A1 Lancaster Heysham York Skipton Harrogate Clitheroe Blackpool Preston Keighley Blackburn Leeds M62 Selby Bradford Burnley Kingston upon Hull Halifax Goole Southport Wakefield Wallasey M1 M18 Sheffield Stockport A1 Gainsborough Widnes M56 Runcorn Macclesfield Buxton Northwich Queensferry Chesterfield Chester Mold Doncaster A630 Rotherham Warrington Birkenhead Barnsley Manchester St Helens Liverpool Scunthorpe M62 Oldham Wigan Bootle Pontefract Huddersfield Bury Bolton Skelmersdale M1 Congleton Lincoln Mansfield Matlock Newark-on-Trent Llangollen Stoke-on-Trent Nantwich Wrexham Ashbourne Nottingham Whitchurch Location Burton upon Trent Stafford Rugeley The site is the corner of Brinsworth Street and the south side Telford Cannock Lichfield of Main Street, close to the Masbrough roundabout junction on the A630 Leicester Tamworth Brownhills Doncaster to Sheffield Road. Wisbech Stamford Oakham Downham Peterborough Corby Birmingham Market Harborough Kidderminster Warwick Redditch Kettering Rugby Coventry Bromsgrove Ely Huntingdon Newmarke Royal Leamington Spa Northampton Worcester Cambridge Bedford Stratford-upon-Avon Builth Wells Evesham M1 Banbury Hereford M50 Stow-on-the Wold Ross-on-Wye Abergavenny M11 M40 Luton Aylesbury High Wycombe Newport Swindon Chippenham M4 Reading Watford Brentwoo Basildon London Heathrow Tilbury Dartford Staines Bracknell Bath Weston-super-Mare M3 Trowbridge Frome Woking Basingstoke Warminster Alton Salisbury Winchester Dorking Reigate Guildford Farnham Shepton Mallet Glastonbury Chath Esher Farnborough Bridgwater C Maidenhead M5 Taunton Harlow Hatfield Cirencester Cwmbran Bristol Stansted Bishop's Stortford Hertford St Albans Oxford Stroud Cardiff Stevenage Cheltenham Monmouth Merthyr Tydfil King's Spalding Melton Mowbray Nuneaton Dudley Gloucester Boston Grantham Hinckley Wolverhampton Brecon Skegness Loughborough Shrewsbury located on Leominster Grimsby Derby Stone Uttoxeter Oswestry Llandrindod Wells Crown Copyright 2010. All rights reserved. Licence number 100020449. Not to scale Fleetwood M25 Sevenoaks Gatwick Crawley Horsham East Grinstead M23 Royal Tunbridg
A6123 A629 New Wortley Road Market Hall A6021 Whamcliffe St Centenary Way Tesco Town Centre Main St The Site Council Offices New York Stadium Hollowgate Wellgate Alma Rd Sheffield Road Situation Main Road which leads up to the town centre is undergoing major regeneration at present. Approximately 200 metres from the site a new five storey 172,000 sq ft office complex called Riverside House has been constructed for the Rotherham Metropolitan Borough Council. Riverside House caters for 2,000 council staff. The New York 12,000 seat football stadium for Rotherham United FC which opened in July 2012 is located to the rear of the site. Just across the road from Riverside House is the All Saints Quarter, which will contain The Old Market, Imperial Buildings and All Saints Building which has recently been developed by Liverpool-based company, Iliad to provide a retail / leisure and residential scheme. Tesco have a store two minutes walk away. Surrounding the site are numerous potential redevelopment sites including the adjacent site which is currently used as a car park.
Description This prominent 0.795 ha (1.965 acre) site is located at the south western end of Main Street, which was formally operated as the Liquid & Envy nightclub. The club traded on one level and provides approximately 22,000 sq ft of internal space. The property is a detached single storey brick building under a shallow pitched corrugated panelled roof. The western half of the site is used as open car parking. The site currently has approximately 150 spaces. Internally the nightclub has two separate, but interconnecting club rooms. Both have separate entrances from the front of the building. One leads into Envy, the smaller of the two clubs, with the reception pay desk leading through to an inner lobby and cloakroom with ladies and gents WCs to the side. The dance floor is in the centre of the room and there are two bar serveries and booth seating around the sides. Doors lead through to Liquid, a much larger nightclub area with a raised bar area and servery. Steps lead down to the main nightclub which again has a large central dance floor and three bar serveries and a stage. This club is served by an additional two sets of ladies and gents WCs and a disabled WC. Back of house staff changing rooms, offices and cellarage and stores are in the far right hand corner of the building. There is a small smoking terrace area to the rear in addition to the front terraced external seating area. Floor area 22,000 sq ft approx. Ceiling heights range from 2.7m-5.5m. All measurements are subject to verification. Capacity 2,120 Tenure The premises are held freehold. There is an electricity substation within the existing building. This is subject to a 60-year lease from 25 March 1965 at a rent of 1 pa. The car park is currently managed by a private operator on behalf of the owner.
Site area 0.795ha / 1.965 acres Posts Club 9a 9b Ward Bdy 6a MAIN STREET Posts Subway Subway CENTENARY WAY BRINSWORTH STREET Holmes Tail Goit Crown Copyright 2010. All rights reserved. Licence number 100020449. Not to scale Town Planning This site is allocated in the Rotherham Unitary Development Plan (1999) as a Mixed Use Area (MU20). The saved policies confirm that a variety of land uses will be acceptable in principle, including small scale retail (A1), restaurant (A3), Offices (B1), Hotel (C1), non-residential institution (D1) and/or leisure uses (D2). The site could also hold potential for an element of residential development (as part of a mixed use scheme), subject to detailed design and layout that can demonstrate a suitable residential environment can be achieved, within the site s context. Purchasers should make their own enquiries of the local planning authority Rotherham Borough Council. Tel. +44 (0)1709 382121
Business Rates 2010 RV is 91,000 Energy Performance Asset Rating E 110 CO 2 emissions, copy of full assessment available on request Historic licence The Premises Licence permitted trading from 10.00am to 3.00am a copy of the Licence is available on request. The club previously traded on Thursdays from 10.30pm to 3.00am, on Fridays 10.30pm to 3.00am and Saturdays from 10.30pm to 3.30am and on Sundays from 10.30pm to 2.30am Historic trading excl. VAT Y/E Mar 2009 Y/E Mar 2010 Y/E Mar 2011 Sales 2,060,913 1,289,840 943,093
VAT The property has been elected for VAT. VAT will be payable in addition to the sale price unless the property is to be sold as a transfer of a going concern. The proposal On behalf of The Luminar Group Limited we are instructed to seek offers, subject to contract, for the benefit of the freehold interest. Alternatively, Luminar will also consider proposals to let the premises. Offers are invited, either on a conditional or unconditional basis. Interested parties should contact Gerald Eve LLP to discuss access arrangements for viewings and to receive a bidding form for submission of offers and details regarding bidding dates. This brochure is subject to General Terms and Conditions as identified at the bottom of this page and the following page. Contact For further information or to arrange a viewing please contact sole retained agents: Gerald Eve LLP Chris Ford cford@geraldeve.com Tel. +44 (0)7836 696530 Ross Bettridge rbettridge@geraldeve.com Tel. +44 (0)20 7333 6404 +44 (0)20 7493 3338 geraldeve.com Conditions under which these particulars are issued All details in these particulars are given in good faith, but Gerald Eve LLP for themselves and the Vendors/Lessors of this property for whom they act give notice that:- 1. These particulars do not and shall not constitute, in whole or in part, an offer or a contract or part thereof, and Gerald Eve LLP have no authority to make or enter into any such offer or contract. 2. All statements contained in these particulars are made without acceptance of any liability in negligence or otherwise by Gerald Eve LLP, for themselves or for the Vendors/Lessors. 3. None of the statements contained in these particulars is to be relied on as a statement or representation of fact or warranty on any matter whatsoever, and intending purchasers must satisfy themselves by whatever means as to the correctness of any statements made within these particulars. 4. The Vendors/Lessors do not make, give or imply, nor do Gerald Eve LLP or any person in their employment have any authority to make, give or imply, whether in these particulars or otherwise, any representation or warranty whatsoever in relation to the property. The statement does not affect any potential liability under the Property Misdescriptions Act 1991. Particulars issued April 2014
General Terms and Conditions On behalf of The Luminar Group Limited ( Luminar ) Gerald Eve LLP ( Gerald Eve ) are pleased to offer the sale of the freehold premises ( the Property ) referred to within this brochure or the letting of the Property. The details contained within this brochure are believed to be correct, but they do not constitute an offer, or any part of a contract. All descriptions, details and plans are in general terms only and may be liable to variation or adjustment. Intending purchasers/ tenants should not rely on them as statements or representations of fact, but must satisfy themselves by carrying out the appropriate searches, or otherwise to ascertain the correctness thereof. Gerald Eve s marketing and subsequent sales will be subject to the following: Conditions 1. All negotiations will be subject to contract and also to the final formal approval of the Luminar board. 2. Any sale will be structured as a property asset transaction and no warranties will be given within the sale contract. 3. Luminar reserves the right to withdraw the Property from the market at any stage without liability to any prospective purchaser/ tenant or third party. Financial information 4. Trading information has been supplied to Gerald Eve by Luminar. Turnover figures are net of VAT. Annual turnover is for the twelve (12) months period ending in late February/ early March each year. VAT 5. The purchaser/ tenant shall be liable to Luminar for any VAT payable in connection with the sale/ letting. Trade Inventory 6. Contracts for goods and services at the Property will be terminated on the completion date and the purchaser will need to make other arrangements in this regard. Intellectual property and de-branding 7. The Property is previously traded under the brand names Liquid and Envy. These and any other Luminar brand names and trading style names are excluded from the sale as are all trademarks and domain names associated with them. A purchaser/ tenant will be obliged to operate these venues under other brands that have no association with Luminar. 8. Luminar will remove all branded signage and other branded material from the Property on or before completion. Sale process and offers 11. The Property is being offered for sale by private treaty. Rental offer will also be considered. 12. A date may be set for the submission of informal tenders/ rental offers, details of which will be advised. 13. For a trade sale the contract will apportion the sale price between Land and Buildings, Fixtures and Fittings and Furnishings and Effects. If any, Luminar will retain the benefit of any capital allowances. 14. Preference will be given to purchasers that are companies or LLPs able to confirm that they have secured their board approval for the bid being submitted. 15. A 10% non-refundable deposit will be required on exchange of contracts for any freehold sale. 16. Any letting shall require a rental deposit of 6 months of the headline annual rent. 17. Purchasers/ tenants will be required to provide appropriate proof of their ability to fund any acquisition/letting. Please, therefore, submit letters from your banks and any equity partners with your bid. Preference will be given to purchasers that are companies or LLPs able to confirm that they have secured adequate funding. Viewing arrangements 18. By prior appointment by contacting Gerald Eve. Searches 19. The purchaser will be expected to reimburse the vendor the full costs of all Local Authority, Utility, Common Land, and any other required searches that Luminar s solicitors have been instructed to obtain to assist with the sales/ letting process and that are still valid at the date of exchange of contracts/ lease. Licences 9. For a trade sale/ letting Luminar will use its reasonable endeavours to transfer any applicable licences relating to the Property but shall not be held liable if a licence cannot be transferred. 10. It is a requirement of the Licensing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers should seek appropriate specialist advice.