Leasehold Nightclub with 4AM License and 520 Capacity in High Street, Croydon London
Croydon, London
- Status
FOR SALE
- Advert ID
629075
- Reference
C1208 / Rightbiz
- Call Agent:
- Leasehold: £150,000
- Rent: £60,000 (£5,000 per month)
- Turnover: N/A
- Net Profit: Not Applicable
Key Features
- Established Business
- Prime Location
- Potential for Alternative Use
- New Lease
- Fully Fitted
- Accounts Available
- Offers Invited
- Town Centre location
- Open Plan Trading Area
Business Details
LEASEHOLD LIC. BASEMENT NIGHT CLUB WITH 4AM LIC
WELL ESTABLISHED - 4AM LICENCE - STAFF RUN - TAKING £9,000 - £10,000 PWK - LICENCED FOR 520 CAPACITY
Location
Situated in a prominent position on the High Street, between Whitgift Street and Laud Street, opposite Edridge Road under the flyover (A232) in Croydon town centre. Neighbouring occupiers include; Domino’s Pizza, F45 Gym, Greggs, Sainsbury’s Local, Chicken Valley, Tops Pizza, Coughlans Bakery, Mail Boxes Etc and Cake Box, together with a good vibrant mix of other independent and local traders. East and South Croydon mainline railway, tram and bus stations are both within walking distance, providing services to central London, Clapham, Brighton, Gatwick, Bedford, Wimbledon, Beckenham and East Grinstead. There are also buses serving the area located on the High Street.
Business
Large well established Night Club famous for its ball pit and Karaoke nights. Staff run and currently operating from Thurs to Sun. Fully fitted out to a high standard with a small refit just undertaken (March 2025). The business is staff run offering much further potential for an owner operator to develop. The venue undertakes corporate parties as well as private celebrations . We understand that the premises currently has ‘E’ and Sui Generis Use Classes,
Turnover
We are informed that the business takes £9,000 - £10,000 pwk @ 60% GP.
Hours
10pm - 4am Thurs & Sun
7pm - 4am Fri & Sat
Closed Mon to Weds
Premises
With a bright entrance and doorway from Croydon High Street with neon signage leading to the fully fitted Basement Club 461.25 sq/m (4,965 sq/ft) Comprising bar and games areas, Separate toilet facilities. Parking space to rear.
Tenure
New 20 year lease available. Rent - £60,000 pa. (4 year reviews)
EPC Rating
TBA
Business Rates
£16,900 pa payable.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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