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Gentlemen's adult entertainment venue for lease in Devon with leisure facilities and a good reputation

Undisclosed, Devon

CONFIDENTIAL

  • Leasehold: £125,000
  • Turnover: £166,854 (£3,209 per week)
  • Profit: £166,854 (100% Profit margin)

Business Details

GENTLEMEN’S ADULT ENTERTAINMENT VENUE



Destination GENTLEMEN'S ADULT ENTERTAINMENT VENUE complete with LEISURE and licensed BAR facilities. Occupying lucrative central trading position within major SOUTH WEST CITY, at the heart of city nightlife, surrounded by other entertainment, leisure, pub, and club businesses along with several hotels with the city attracting visitors from all over the world. Enjoying easy access with excellent public transport links to include road and rail, along with public car parking facilities.

Unique single level premises of some 4,500 square feet, enjoying a very competitive rent and up to 100% business rate relief available. The premises is able to accommodate more than 100 persons, and licensed until 4.00am at weekends. The subject of a bespoke fit out, now provides reception, bar, lounge, cinema room, locker rooms, sauna, steam room, private cabins, chill area, showers, cloakroom, plant room, store area, office, staffroom, and rest area.

Niche business with no competition in the city and for some considerable distance. Established by the vendors in 2013 after spotting a gap in the market, appealing to a select community, commanding excellent reputation with strong following and a great deal of regular repeat trade, both local and from further afield. First time on open market, easily manageable, can be operated by 1 person, 2 at weekends and when events take place. Income £166,854 ex Vat, low overheads, sound profits, especially if owner operated.

Leasehold £125,000 sav Ref: M37303N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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.

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