Old Established Nightclub | | Undisclosed Cambridgeshire | | Situated in a parade, busy road, densely populated residential and commercial area, close to main railway station and CAMBRIDGESHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 53289
ADVERT IMPRESSIONS : 40,524 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Wine Bars | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Listed Building
We undertand the premises have a Full On Licence plus Entertainments Licence, in our opinion the Nightclub offers terrific potential as it is situated in a large student area.
Ground floor entrance to RECEPTION AREA with space for storage of customer's coats.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom room with 3 urinals, w.c. 2 wash hand basins
Storage area
2 wide staircases to BASEMENT NIGHTCLUB (1,200 sq. ft. approx.), woodstrip floor. 2 air conditioning units. Dance floor area with DJ consul, full music system with speakers. Coffee tables, bench seating providing seating for approx. 30 persons. We understand the Nightclub is licensed for up to 120 persons. Bar with marble top, electronic cash register, double door glass fronted drinks fridge, optics, 2 enclosed coolers, soft drinks dispenser. CCTV system with 3 cameras plus monitor and recording.
Rear wash-up area with sink and drainer, ice machine, glass washer, wash hand basin
Rear store
Location : Situated in a parade, busy road, densely populated residential and commercial area, close to main railway station and CAMBRIDGESHIRE
Opening Hours : At present 3 evening per week. Thursday, Friday & Saturday
Thursday - 9 p.m. - 1 a.m.
Friday & Saturday - 9 p.m. - 2 a.m.
It will be appreciated upon inspection that there should be a demand for additional evening openings, if desired.
Turnover : WE ARE INFORMED the turnover averages £3,500 p.w. (wet sales only), in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx. Included in the turnover is the entrance charges which range from £3-£6 per night.
Tenure : We understand the premises are held on a secure renewable lease, the present lease expiring in 2016 at a rental of £17,000 p.a. plus VAT, exclusive of rates for the next 1 year, with rent to be agreed thereafter. (The present tenant does not anticipate an increase in the rent at next rent revision).
Uniform Business Rates: £5,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Parking space for 1 car at rear
Staff : The business is at present operated with a manager plus staff on a rental basis and the present tenant receiving £500 p.w. It will be appreciated upon inspection that the overheads could be reduced with an active husband and wife team operating the business. | | | | | | FOR SALE | | | | | REFERENCE: | R1897 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
