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Freehold Old Established Gentlemen's Club

Undisclosed Hampshire
Situated in a parade, main road trading position, expanding area close to Town Centre, HAMPSHIRE

ADVERT NUMBER : 65165
ADVERT IMPRESSIONS : 37,174 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Wine Bars
SALE: Agent Sale

FREEHOLD:

£600000
 

BUSINESS DETAILS:

Features : Outstanding opportunity to acquire a Freehold old established Lap Dancing Club.

The business has been in the same hands for the past 28 years and there are genuine reasons for sale.

Full On Licence

Entrance Fee charged -
Friday & Saturday £5.00 after 8 p.m.
Sunday - Thursday inclusive £3.00 after 8 p.m. increasing to £5.00 after 10 p.m.

Spacious Bar with wooden floor. Licensed for up to 70 persons. The bar has 6 hand pumps, optics, 2 large bottle fridges, glasswasher, sink. 6 bar stools

New stage. Lap Dancing area. 3 Lap Dancing booths

Fully tiled ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. urinal and wash hand basin

Ground floor fully fitted kitchen

Location : Situated in a parade, main road trading position, expanding area close to Town Centre, HAMPSHIRE

Opening Hours : Sunday - Thursday inclusive - 7 p.m. - 12 midnight
Friday & Saturday - 7 p.m. - 1 a.m.

Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending July, 2010 showed in the region of £235,000 inclusive of VAT. The vendor has also stated to us that the anticipated sales year ending July, 2011 should show in the region of £260,000 inclusive of VAT. Included in the turnover is bed & breakfast turnover currently in the region of £25,000 p.a.

Tenure : Uniform Business Rates: £6,00 p.a. approx. + water rates (metered)

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 28 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £600,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation situated on the first floor all recently refurbished, fully CARPETED and with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms (2 very large providing space for 3 beds plus 3 additional double bedrooms). Each of the bedrooms is fully furnished and has a small bottle fridge, microwave and flat screen television.
Bathroom with bath, shower bath, w.c. and wash hand basin
Separate shower room with shower
In addition there is a cloakroom with w.c. and wash hand basin

The first floor accommodation is used for Bed & Breakfast with only a Continental Breakfast being provided. In our opinion there is terrific potential to develop the Bed & Breakfast turnover.

PRIVATE ACCOMMODATION situated on the ground floor, comprises:

Large Bedsitting Room with en suite bathroom with bath, w.c. and wash hand basin

Outside : Yard at rear with parking space for 8 cars

Staff : The business is at present operated by a husband and wife team with the assistance of 3 part time staff plus 1 full time cleaner.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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