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Romford Town Centre Nightclub

Price:
Leasehold - £110,000
Seller Ref:
MarketPlace
Location:

Essex , Essex, Romford

Business Type:

Pubs

See Other:
Bars for sale in Essex
Nightclubs for sale in Essex
Public houses for sale in Essex
Wine bars for sale in Essex
Pubs for sale in Essex
Pubs for sale in Essex
Description:
THE BUSINESS:
Confidential. Staff Unaware
8 Years Unexpired/ Renewable
A4 Bar Use With 04:00am License FRI and SAT
5,000 Sq Ft (Gross Internal Area)
Rent: £70, 300 pax
Premium: £110,000 pax
Scope For Outside Seating
2 Self Contained Bars

The premises are laid out over ground and first floors both trading floors benefit from very high ceilings. The ground floor is fully fitted with a large bar, DJ station, sound system and light show together with dance floor.
There is a large forecourt outside the front of the premises that subject to license that would be looked upon favourably, plenty of seating can be placed for al fresco dining. To the rear of the ground floor there is a fully fitted, large and functioning kitchen, with plenty of storage and office space. The first floor is fully fitted with a large bar area, DJ booth, dance floor and light-ing.
Location Details:
The premises are centrally located in Romford, Essex. Nearby occupiers include Edwards (Mitchels & Butler), The Place (Mitchels & Butler), 131 Bar (Luminar), Pizza Express, Outback, Pizza Hut and many other retail, restaurant and bar High Street multiple occupiers. Romford train station is within easy walking dis-tance and there is a brand new development of 400 one and two bed apartments that have just been built in the immediate vicinity therefore attracting plenty more people to the area.
Lease Terms:
The property is held by way of a 10 year FRI lease that commenced on August 06th 2009, subject to 5 yearly up-ward only rent reviews. The lease is granted inside the se-curity of tenure provisions of the landlord and tenant act 1954, part 2, as amended.
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