26047 Norfolk Coastal Town Fun Pub & Lap Dancing Club | | Great Yarmouth Norfolk | | • Prime seafront location opposite beach & pier • Large fun bar, music bar & table dancing club • Excellent trading position on promenade • Close to the town centre, external seating • 6.00am licence, Revenue y/e 12/10 £796,000 pa | | ADVERT NUMBER : 64468
ADVERT IMPRESSIONS : 26,726 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Licenced / Leisure | | SALE: | Agent Sale | FREEHOLD: | £750000 | | | | | BUSINESS DETAILS: | Situation
Occupying one of the best locations in Great Yarmouth, fronting Marine Parade and Regent Road which is the main pedestrianised tourist route linking the town centre with the seafront. The property is directly opposite the beach and Britannia Pier.
Great Yarmouth is a traditional holiday resort with a broad base of local commercial businesses. The local economy has recently been boosted with the completion of the outer harbour development scheme, designed to service both passenger and container ships throughout the year.
Great Yarmouth is an all year round popular tourist resort located on the east Norfolk coast with Norwich approximately 19 miles via the A47 and Ipswich 55 miles via the A12.
The Property
Occupying the ground/lower ground floor of this prominent Edwardian property. The upper parts of the property trade separately as the New Beach Hotel.
Public Areas
Long Bar: A large air-conditioned bar with around 65 ft of servery counter. There is a dance floor with DJ booth and various TV monitors, plasma screens showing satellite channels. There is eating and ample standing room.
Hot food/burger bar: facing onto the seafront providing bar meals and also serves passing trade.
Family room: Located to the side and rear of the Long Bar, providing arcade games, pool and TV’s.
Bar X: A 70’s themed bar, this air-conditioned bar provides a dance floor and DJ booth, plasma TV’s with a featured octagonal servery.
Angels Gentlemen’s Club: Situated within the lower ground floor area with its own self contained entrance, the main club area provides a raised dance area with poles, bar servery and DJ booth. A private dance area leads off to the side with further lounge area used for private hire.
Ladies and gentlemen’s WCs are provided throughout the property.
Ancillary Areas
There are ample storage facilities provided throughout the property for facilities such as cellarage, spirit store, storage, staff changing room and office.
External Details
There is an outside seating area to the front fronting Marine Parade.
The Business
This business has been under the current family owners control for the past 10 years and is one of the most dominant businesses in the town. The bars trade throughout the year with extended opening hours during the summer. Presently, the table dancing club is the only one of its kind in the town.
The property provides approximately 14,000 sq ft of trading accommodation and currently trades at around 1,000 barrels per annum. The various trading elements have undergone refurbishment in recent years and general the property is in good order. There is the genuine possibility of generating rental income if an operator wanted to let out Bar X and the food kiosk which the
current owner has done in the past.
This is an excellent business opportunity which we recommend is viewed at the earliest opportunity.
Trading Information
Management accounts for the year ended 31 December 2010 indicate that revenue was in the region of £796,000 per annum inclusive of VAT.
Full detailed trading information will be made available to interested parties following a formal viewing of the business.
Trading Hours
Times for the different activities vary but the permitted opening times are 10.00 am to 06.30 am daily. | | | | | | UNDER OFFER | | | | | | | | | | | |
