THIRD bar in Scunthorpe town centre put up for sale
Schnapps Bar is on the market for £200,000
By Scunthorpe Telegraph | Posted: 14 May 2018
There are clear signs that Scunthorpe town centre is losing its appeal for the licensing trade.
First, the Britannia on the High Street was put up for sale at £650,000, followed by the nearby Penny Bank for £200,000.
Now it has been confirmed the leasehold of the Schnapps bar on Frodingham Road is also on the market for £200,000.
Owner Chris Mappouras, who bought the property in 1996, said: "At present, I am testing the water."
Mr Mappouras said the two-storey disco-bar and games room could be divided into two or three units for smaller operators.
The Britannia in Scunthorpe is also up for sale
The 700-capacity venue was originally opened at a cost of £250,000 by Turkish businessman Ethem Alcan as the town’s first German-beer keller.
The building started life as Healds drapery store, but in the Eighties was converted into a restaurant initially called The Italian Garden and then Silvanos.
The Penny Bank pub in Scunthorpe has been put up for sale
Cyprus-born Mr Mappouras, who has lived in Scunthorpe for more than 50 years, has run a string of pubs in the town including The Desert Rat, the Tavern, the Foundry Arms and the Encore.
The loss of popularity for bars in the town centre has been blamed on dense concentration and a reliance on vertical drinking and little variety.
Anti-social behaviour has also made it a no-go area for many night-time revellers.
Hull to benefit from 4m Northern Powergrid investment in bid to prevent blackouts