The ground floor and basement of the landmark Bank Chambers building in Stockport, Greater Manchester has been let to local pub operator Yacoub Naber by real estate advisors Colliers International.
Mr Naber, who also operated Hardy's Well Pub in Manchester, has taken a lease within the prominent building that was originally a bank, subsequently a Yates’s Wine Lodge and most recently Bambooza bar.
The Grade II listed three-storey property in Market Place, which has separate office accommodation on the first and second floors, includes period features, a 2,340 sq ft bar area with mezzanine seating and a large basement.
Mr Naber’s business Live Stockport Ltd signed the lease for the ground floor and basement at Bank Chambers, with Colliers International acting as agents on the letting and a private pension fund as landlord. Impey & Co were joint agents.
He said: “Live Stockport Ltd intends to renovate the premises and trade it as a sports bar / live music venue with the broadcast of live sports and live music evening shows throughout the week and one major attraction each month.
“We will focus on cask ales with a minimum of 10 brands on offer at any one time. Non-traditional and craft beers both draught and bottled will also feature strongly.
“The Old Market area of Stockport is undergoing a regeneration and will hopefully be revived to become a bustling night life circuit as it was a few years ago with Live Stockport a major contributor.''
Colin Siebert, director, licensed and leisure at the Manchester office of Colliers International let Bank Chambers to Mr Naber on behalf of the landlord and said: “Yacoub’s investment reflects increasing levels of interest from professional operators in licensed properties in prime locations and we fully expect Bank Chambers to play a pivotal role in the rebirth of the Old Market area.”