Pool and Snooker Hall

Price:

Freehold - £295,000

Seller Ref:

COM480

Location:

Isle of Wight , Sandown

Business Type:

Entertainment & Leisure businesses, Pubs

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Description:

THE BUSINESS:

Popular pool and snooker hall located in a purposely converted church close to the centre of Sandown

Stone built and dated 1890.

Within the building there are 8 snooker tables, 5 English pool tables and 2 American pool tables located over two floors.

Entrance to lobby from Leed Street. Beer cellar off lobby.

Ground floor bar area with soft seating and drinks tables. Bar with a range of optics, beer pumps and fridges. Licensed until 1 am daily. Dance floor and dart board. 1 snooker table and the pool tables.

Small kitchen, with range of catering equipment, from which is offered a small menu.

Ladies and Gents WC’s.

First floor with lowered ceiling, feature beams and archway. 7 snooker tables.

To the front of the property is parking for 6 cars.

In the past the building has had planning permission to convert in to residential units.

THE BUSINESS

Having originally been converted from a church 30 years age Margrettes has been run for the past 25 years by the current owner who is now looking to retire. Trading figures will be made available to bona fide applicants.

There is great scope to expand the business by offering organised entertainment, functions, wedding receptions etc. in this large flexible space.

Alternatively there is the potential for redevelopment or community use.