Salloway has been appointed to sell the Mechanics Arms - an Irish pub located near the junction of Mansfield Road and Huntington Street in Nottingham. Any excuse for a pint.
The pub has a long standing association with the Irish community and covers a total of 5,344 sq ft. It has a long established trading history and continues to trade successfully today.
Owned by local businessman Brendan Minihane, the ground floor pub provides additional avenues of income through the rent of the upper floors which are ideally configured for residential or student lets.
Marc Ballard of Salloway said: "This property presents an opportunity for income through the trading public house and potential uses available to the upper floors. Being close to existing student accommodation and a large residential area, the premises has a large population from which to draw revenue from.
The existing layout of the pub is a traditional bar and lounge format. Recent improvements have been made to the fire alarm and CCTV systems in order to comply with new licensing regulations.
We are open to discussing a wide range of opportunities which might be put to the premises including its development or conversion for alternative uses."
Brendan Minihane said: "With the ever increasing expansion of the City Centre, and the proposed major expansion of the Victoria Centre, the Mechanics Arms is perfectly situated close to the Trent University campus and the City Centre.
The Mechanics Arms is a free house, and could be occupied by the new owners, staff and residents thus substantially increasing the income and profits."
The premises are located at 373 Alfred Street North, Nottingham NG3 1AA and interested parties should contact sole agents Salloway for further information or to arrange a viewing.