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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 5,250 TIME(S)
BUSINESS REFERENCE : M2589 / RightBiz

MULTI-FUNCTIONAL ENTERTAINMENT VENUE

 

 
The premises have a Full On Licence plus Entertainments Licence. Total building area in the region of 5,800 sq. ft. Large Bar Spacious Pool Room plus separate Snooker Room. In addition a spacious Function Room, which in our opinion could accommodate up to 200 persons. Large shared car park for 30/40 cars. In addition there is a large car park opposite, which we understand is free during the evenings. The premises are at present used for Snooker, Pool, Poker, Salza classes plus private functions. Front Entrance. Bar area with laminated strip floor. Large Bar. 6 stools, tables, chairs plus settees providing seating for 30 persons. 5 hand pumps, optics, 2 double door glass fronted counter fridges, electronic cash register, mirror-backed shelving. Level kitchen with ceramic tiled floor. Glasswasher (on rental), microwave oven, double deep fryer, 4-burner gas cooker with double oven, griddle, extractor unit etc. Middle spacious room with 5 poker tables, ample chairs, 3 pool tables (on rental). Rear Snooker Room with 3 large snooker tables Spacious Funtion Room with laminated strip floor plus carpeted area. Bar with double door glass fronted fridge, mirror-backed shelving Ladies' cloakroom with w.c. and wash hand basin Gentlemen's cloakroom with urinal, w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Bedfordshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Other

SALE:

Agent Sale

LEASEHOLD:

£120000
   
 
   

BUSINESS DETAILS:

Location Close to Railway Station, BEDFORDSHIREOpening Hours Sunday - Thursday inclusive - 4 p.m. - 1 a.m.
Friday & Saturday - 4 p.m. - 2 a.m.Turnover WE ARE INFORMED the turnover averages 2,000 p.w. in our opinion offering tremendous potential for further development in the right hands. 2 fruit machines (on rental), 1 roulette machine on a 50/50 basis plus 1 games machine on a 60/40 basis providing additional revenue. We are further advised that the sales year ending June, 2008 should be in the region of 110,000/120,000.Tenure We understand the premises are held on a secure renewable lease having approximately 6½ years unexpired at a rental of 22,000 p.a. exclusive of rates for the next 1½ years, with rent to be agreed thereafter.

Uniform Business Rates: 9,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Large shared car park 30/40 carsStaff The business is at present operated by the vendor with the assistance of part time staff when required.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

M2589 / RightBiz

ENQUIRIES:

 
 
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