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BUSINESS REFERENCE : 7575 / RightBiz LEASEHOLD SNOOKER HALL FOR SALE IN LONDON | | | | | | Snooker Hall Walthamstow, London Busy main road location, Well established business, Busy snooker and pool hall with good size bar area. | | | BUSINESS LOCATION: | Waltham Forest London UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Social Clubs & Snooker | | SALE: | Agent Sale | LEASEHOLD: | £89000 | ANNUAL RENT: | £14000 | | | | | | | | | | | BUSINESS DETAILS: | Location
Embassy Snooker Club is located on the first and second floors of a building on high street, which is which is surrounded by a wealth of complimentary shops and businesses in Walthamstow. There are excellent parking facilities in the public car parks, which are approximately 100m away. Walthamstow is famous for its colourful market, which takes place every Tuesday and Saturday. It stretches the length of High Street and features over 400 stalls, making it the longest street market in Europe. Walthamstow Stadium has brought fame and fortune to the area, a recent newspaper article described the popular dog racing track as 'Las Vegas at the end of the Victoria line'!
Business History
Bag A Business is delighted to offer for sale this thriving snooker club, which was established approximately 30 years ago and has been under the careful ownership of our client since 1982. Set on two levels with the bar and pool hall being on the first floor and the snooker hall on the second. The business is run by our client with the help of two full time members of staff and one part time member of staff. The business enjoys an excellent turnover in the region of £120,000 per annum. The turnover is split approximately half on the bar and half on the tables. As well as the tables, Embassy Snooker Club has numerous televisions for customers to watch including one which projects onto the wall, 5 Gaming machines and 9 dart boards. We believe that this opportunity represents an ideal base for a new owner to build upon and urge early viewing of this busy snooker hall. Walthamstow has a huge range of genuine character pubs and a good selection of restaurants. The area is well served by public transport with mainline rail links and the convenience of the Victoria line's rapid tube connection with Central London.
FINANCIAL PROFILE
W/T: £2,307
OPENING HOURS
Mon - Sun: 12.00pm - 12.00am
PROPERTY DETAILS
First and second floor snooker hall overlooking Walthamstow market.
GROUND FLOOR
Entrance with CCTV entry system.
FIRST FLOOR
Main bar area with brick built bar.
Pool hall with 4 pool tables, 5 gaming machines, 9 dart boards, 2 TV's, ceiling mounted TV that projects onto walls and sound system.
Ladies & gents toilets.
SECOND FLOOR
Snooker hall with 4 snooker tables.
Toilet.
Store room with access to roof space.
Store cupboard.
TENURE
Tenure: Leasehold *
Original: 12 years
Remaining: 7 years
Review every: 5 years
Rent: £14,000 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7575 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
