8674NG FREEHOLD PROPERTY PREVIOUSLY NIGHTCLUB £250,000
Business for sale
Asking Price:
£250,000
Turnover:
£1
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales is pleased to offer to the market this vacant night club premise, which has been in existence over the last 6 years.During this time it had achieved an enviable reputation and an excellent track record.
The current vendor has been in ownership for the last 5½ years and has been the instigator of its unrivalled reputation but is now reluctantly selling due to the pressures from other business commitments.
The club has a capacity of 450 people in total, 195 on the ground floor and 255 on the first floor.
Regular opening nights were both Friday and Saturday, establishing a pattern for its regular customers.
The club is licensed to serve alcohol Thurs, Fri & Sat until 3am and all other days until 2am.
Regular opening nights were both Friday and Saturday, establishing a pattern for its regular customers.
The nightclub was previously used as a retail outlet & could also be used as residential flats
EXPANSION POTENTIAL
There is fantastic opportunity to develop what was a tremendously run business by including alternative music promotions.
The club could also extend its revenue by adding an element of hot food. The stock room behind the lower bar is already partly fitted out as a kitchen.
The property could be totally altered to suit a new venture not yet listed as it has the potential for many uses.
BUSINESS PREMISES
A two storey building briefly consisting of:
• Main entrance lobby with reception desk with computerised touch screen till.
• Cloakroom and owners office area
• Main bar area with W/Cs and disabled toilets
• Store room
• Drinks chiller area behind the bar
• To front is lower dance floor with DJ booth and some seating
• Upstairs lobby leading to W/C, chill out room with high back leatherette seating and car and main dance area
• Bar and product sales shop
• The dance floor is spring loaded and has a ‘bounce.’
• To rear of dance area is a fire exit, w/c, staff cloakroom and w/c
The mood change in the chill our room differs and is supplied by colour changing down lighting and VA abstract spot lighting.
All rooms are individually air conditioned/heated for the clients’ comfort.
The business is protected by a 9 camera CCTV system, 3 external and 6 internal, recording 24 hours a day on a multi complex hard drive. Both the alarm and fire alarm are linked to Redcare.
All fire doors have push bar closures.
The building has a 3 phase electric supply with separate fuse boards.
To the front is electrically operated roller shutters and 4,400 watt coloured floodlights.
External
Paved to the road at the front and paved to side service road.
TENURE: Freehold
We are advised that the annual business rates are currently: £10,626
