Town Centre Speakeasy / Private members bar
12-14 Waterloo Lane is currently in use as speakeasy / private members bar. Waterloo Lane is easily accessible and can be accessed via Burrard Street or Waterloo Street.
The immediate surrounding area is predominantly mix of retail and residential properties. Nearby occupiers include Awabi, The Cappanina and Pizza Express and several other coffee shops and retail outlets. A brand new residential development is close by due for completion later this year of 149 apartments. It is also a short walk away from Minden Place car park, and beneits from its close proximity to King and Queen Street, Jersey's main retail thoroughfare, as well as being a popular office location.
This unique property has been operated as Project 52 since 2016, the license covers 50 people and can open till 11pm. The unit has been beautifully designed by the current tenant and works well in its current use. The unit is split over two floors consisting of one bar area, a lounge and 3 x female WC and 2 x male WCs on the first floor with two further private lounge areas to the second floor.
The current contents including stocked bar, furniture, fridges, CCTV, ice machine and a sound system all available and subject to separate negotiations.
This is available immediately as a lease re-assignment of internal repairing and insuring style lease, with a current rent of £12,000 per annum expiring in 2026 and will be subject to renegotiation.
The property is connected to all mains services except gas.
Legal - each party will be responsible for their own legal costs associated with the transaction.