£395,000
(£395,000.00/sq. ft)
Pub/bar for saleAlexandra Road, Northampton NN1
1 sq. ft
Business
About this property
Three storey, corner terrace brick building
Attractive public house & restaurant
Only a short walk from Northampton centre
Front bar, wine bar, snug & function room
Basement cellar & commercial kitchen
Rear courtyard/patio with garage/outbuilding
Location:
The Princess Alexandra is located in the popular county town of Northampton. The town benefits from a number of transport links and is served by multiple junctions of the M1 motorway which connect it to London at its most southern point and to Leeds at its most northern. Both the A45 and A43 link Northampton to the other major towns in the county and beyond. The A14 provides access to East Anglia.
Northampton has a multitude of amenities which include in the region of 50 primary and eight secondary schools, a university, a college, a cinema, a shopping centre, a golf course and professional football and rugby clubs. There are also a number of contrasting retail outlets, supermarkets and fuel stations. According to the 2021 census, the town has a population of 243,511.
The Princess Alexandra occupies a three storey, corner terrace building of brick construction with a pitched slate roof. It is located on Alexndra Road, just a short walk from the centre of town.
Trade Areas
Ground floor
Front entrance porch providing access to the front bar which has seating for 22, flagstone flooring, wooden main bar servery with service area/kitchen behind and a hatch leading down to the basement cellar. The cellar comprises a cool room, a bottle store and a barrel room with external drop. Wine bar with seating for 10, flagstone flooring, an extension of the wooden main bar servery, access to Ladies’ toilets and a rear door to the courtyard. Snug with seating for 30, engineered oak flooring, exposed feature brick walls, feature ceiling beams, log burner and entry to Disabled toilets. Stairs to the first floor.
First floor
Function room comprising two rooms and benefitting from seating for 18, parquet flooring, exposed feature brick walls, self-service bar and entry to the Gentlemen's toilets. Fully-fitted commercial kitchen. Enclosed staircase to the second floor.
Second floor
Split into two rooms; one is utilised as a storeroom, the other as a private office.
External
Rear, enclosed and gated courtyard/trade patio with seating for 20 and a single storey garage/outbuilding utilised as a bin and log store. The surrounding residential areas provide a plethora of on-street parking.
Licence:
A Premises Licence is held permitting the retail of alcohol:
Monday to Thursday: 10:00 - 00:00
Friday & Saturday: 10:00-01:00
Sunday: 11:00 – 00:00
Services:
All mains services are connected. The property benefits from both fire and burglar alarms as well as a 7 camera CCTV security system.
Rateable Value: £11,500. Business Rates Exempt.
Local Authority: West Northamptonshire Council.
Business:
The Princess Alexandra is a popular public house and restaurant. It is currently operated under management with five part time staff members. The business is renowned for its craft beers, open mic nights, quizzes and live music. It also provides a classic food menu which includes pizzas and burgers. We are told the trade is 70% destination/30% local and that the business hosts a number of private events such as birthdays parties. Both whole and partial venue hire bookings are also commonplace.
Accounting detail will be made available to serious parties following a formal viewing. The business is currently supported by a dynamic website and social media accounts which will be passed over to the buyer on completion.
The Princess Alexandra is located in the popular county town of Northampton. The town benefits from a number of transport links and is served by multiple junctions of the M1 motorway which connect it to London at its most southern point and to Leeds at its most northern. Both the A45 and A43 link Northampton to the other major towns in the county and beyond. The A14 provides access to East Anglia.
Northampton has a multitude of amenities which include in the region of 50 primary and eight secondary schools, a university, a college, a cinema, a shopping centre, a golf course and professional football and rugby clubs. There are also a number of contrasting retail outlets, supermarkets and fuel stations. According to the 2021 census, the town has a population of 243,511.
The Princess Alexandra occupies a three storey, corner terrace building of brick construction with a pitched slate roof. It is located on Alexndra Road, just a short walk from the centre of town.
Trade Areas
Ground floor
Front entrance porch providing access to the front bar which has seating for 22, flagstone flooring, wooden main bar servery with service area/kitchen behind and a hatch leading down to the basement cellar. The cellar comprises a cool room, a bottle store and a barrel room with external drop. Wine bar with seating for 10, flagstone flooring, an extension of the wooden main bar servery, access to Ladies’ toilets and a rear door to the courtyard. Snug with seating for 30, engineered oak flooring, exposed feature brick walls, feature ceiling beams, log burner and entry to Disabled toilets. Stairs to the first floor.
First floor
Function room comprising two rooms and benefitting from seating for 18, parquet flooring, exposed feature brick walls, self-service bar and entry to the Gentlemen's toilets. Fully-fitted commercial kitchen. Enclosed staircase to the second floor.
Second floor
Split into two rooms; one is utilised as a storeroom, the other as a private office.
External
Rear, enclosed and gated courtyard/trade patio with seating for 20 and a single storey garage/outbuilding utilised as a bin and log store. The surrounding residential areas provide a plethora of on-street parking.
Licence:
A Premises Licence is held permitting the retail of alcohol:
Monday to Thursday: 10:00 - 00:00
Friday & Saturday: 10:00-01:00
Sunday: 11:00 – 00:00
Services:
All mains services are connected. The property benefits from both fire and burglar alarms as well as a 7 camera CCTV security system.
Rateable Value: £11,500. Business Rates Exempt.
Local Authority: West Northamptonshire Council.
Business:
The Princess Alexandra is a popular public house and restaurant. It is currently operated under management with five part time staff members. The business is renowned for its craft beers, open mic nights, quizzes and live music. It also provides a classic food menu which includes pizzas and burgers. We are told the trade is 70% destination/30% local and that the business hosts a number of private events such as birthdays parties. Both whole and partial venue hire bookings are also commonplace.
Accounting detail will be made available to serious parties following a formal viewing. The business is currently supported by a dynamic website and social media accounts which will be passed over to the buyer on completion.
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Monthly repayment
£1,975 per month
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