Nightclubs for sale in Norwich

View the "Bar - Norwich" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
View More
Leasehold Price: £160,000 Annual Turnover: £223,600
Request Details
Business Description
• Prime city centre location, high level of footfall
• Currently weekly sales average £4,300 approximately
• 7 rentable rooms generating an annual rental income from the accommodation of £48,000pa
• Valuable bar and night F&F, inc lighting and sound system, viewing recommended

Prime trading location Norwich city centre, high levels of footfall. Limited trading at the moment only 2 nights a week. 7 rentable rooms / apartments generating high levels of income. £4,300pw in bar /club. Valuable modern sound system and light equipment included. 44627

This is an exciting opportunity to purchase a well known bar and club, which occupies a prominent trading position within the bustling area of Norwich in Norfolk.

The business is located at the heart of the town centre amongst an abundance of other food and drink outlets, retail shops, commercial and professional outlets. This ensures the area is a hive of activity with continual footfall and activity throughout the day and night.

Due to the location of the business it enjoys a continuous flow of customers as they go from bar to bar. The business currently only trades on a Friday and Saturday at the moment, but there is scope to increase this due to the demand in the area, the turnover could significantly increase.

Having successfully operated for over two years, the business has earned a truly enviable reputation. There is an excellently presented bar lounge area, with a VIP area, a high specification sound and lighting system and a fully integrated music video system that can operate with or without a DJ. The lighting system is also integrated into the music with a range of light options available, depending on the music chosen or is playing.

The substantial and imposing premises also has 3 self-contained one bedroom apartments and four two bedroom apartments. All of which are let on a short term basis and are filled via social media and word of mouth.

This is a thriving and highly lucrative business, yet still offers fantastic scope for future growth and improvement. The hours that the business trades are very limited and trading 4-5 days a week as well as day time trade could increase the turnover further.

These enhancements will significantly increase the weekly takings, whilst ultimately maximising overall profitability.

This is a rare opportunity to purchase a successful business which offers a bright and exciting future and a viewing is therefore highly recommended to avoid disappointment. The opportunity is only offered to the market
Tenure: Leasehold

Listed by: Kings Business Transfer
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...