Popular Music Venue In Staffordshire | | Hednesford Staffordshire | | Music Venue and Bar, Hednesford, Staffordshire T/O: £156,000 GP 65% Scope to increase turnover Only open 2 nights per week Well-equipped Owner's living accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62327
ADVERT IMPRESSIONS : 20,395 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Nightclubs | | SALE: | Agent Sale | FREEHOLD: | £450000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Tackeroo music venue is located on a prominent corner position on the edge of a residential estate, overlooking the picturesque Cannock Chase in Hednesford, Staffordshire. The business is situated in Brindley Heath and lies between Cannock and Rugeley, surrounded by the famous Cannock Chase Park. The premises benefits from its own ample car parking for approximately 20 vehicles, nearby bus routes and also Hednesford Railway Station, which is 1 mile away. This popular venue lies 6.6 miles away from junction 12 of the M6 motorway, and is less than 1 mile away from the A1460.
Business History
Preferred Commercial is pleased to offer for sale a leading and most popular music venue, which was established in 1950 and has been in our client's careful hands since 1997. The business has only now been placed on the market due to our client's wish to retire. The venue is currently run at a pace that suits our client, opening just 2 nights per week, hosting the best tribute bands in the UK. There is currently a website in place containing information on location, facilities and forthcoming gigs. The business generates a turnover in the region of £156,000 per annum with a gross profit of 65%. We feel that turnover could be increased by extending the business hours and, if desired, there is scope to expand the live bands or introduce a comedy club. There is potential to offer cycle rental which could be made available on the forecourt for visitors to Cannock Chase. The premises come free of tie and the leasehold is available. The premises are also suitable for change of use subject to planning regulations and would be ideal for use as a spacious restaurant, set in a large catchment area, on the 'Gateway to Cannock Chase'. Early negotiations with Preferred Commercial come highly recommended.
Financial Details
T/O: £156,000 approx.
GP: 65%
Opening Hours
Mon: - Thurs: Closed
Fri: 7.00pm - 12.00am
Sat: 7.00pm - 12.00am
Accommodation Details
Well-respected and popular detached music venue in an imposing corner position with car park to the side and marquee with seating to front.
Ground Floor
• Main venue room flooring with non-slip floor with capacity for 200 persons, bar area with 14 points of dispense, 3 x double chillers, 3 x electronic cash registers, DJ and control booth fitted with state-of-the-art equipment
• Corner stage area with tables and seating all round to suit, with integrated lighting and sound systems
• Ladies and gent's WC
• Store room and ground level cellar
• Double bedroom
• Kitchen with fitted units and tiled floor
• Bathroom, WC, washbasin and shower
• Lounge with patio doors leading to car park
External
• Car parking space for approximately 20 vehicles cars and further on-street parking
• Outside marquee with seating area
Tenure
Advised freehold
Leasehold option available £115,000 + SAV
New lease to be negotiated
Rent: £52,000 per annum
| | | | | | FOR SALE | | | | | REFERENCE: | 2267a / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
