Nightclubs for sale in Wolverhampton

View the "Thriving Bar & Club in Wolverhampton, West Midlands For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Imran Ahmed (Nov 2014)
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Leasehold Price: £125,000 Turnover: £454,916 Gross Profit: £196,069
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Business Description
Hilton Smythe is delighted to welcome to the market this well established Bar and Club business in Wolverhampton City Centre, West Midlands. The business was established by our clients` in 2011 and is only now being offered to the market due to our clients` other business interests. The business is open 6 days per week and generates a turnover in the region of £454,916 per annum, with a gross profit of approximately 43%.

The concern occupies a former hotel over three floors and is one of Wolverhampton`s most popular boutique wine bars and clubs. The business benefits from a large outside heated seating area and our clients` have recently introduced an outside bar and stage/marquee area. The venue can be split to hold two events at the same time.

Several events are hosted throughout the year and previous artists include Miss Dynamite and Gorgon City. Each floor of the property is individually heated and the club capacity is 1,000 persons. The premises are fully licensed for outdoor music and live bands, with two music events being held per month.

We feel the turnover could be increased by extending the opening hours as the business is currently licensed until 7.00am. The business would also benefit from a modest marketing campaign to promote the business and the events scheduled. There is also scope to re-introduce food sales back into the business and market the potential, as well as hiring out areas for private functions such as birthdays and weddings.

Our clients` currently advertise on the social media websites Facebook and Twitter, as well as videos to promote the business on You Tube at We feel this is an excellent opportunity for a new owner to take this thriving and very profitable concern to the next level; therefore early viewing must come highly recommended.

The Prince Albert Bar and Club occupies substantial grade II listed, three-storey premises in the busy city centre of Wolverhampton in the West Midlands. The business is located in a much sought after location and benefits from a vast amount of footfall and passing trade. The premises benefit from ample public parking in the area and are surrounded by a range of complementary shops, businesses and amenities. In the 2011 census, Wolverhampton had a population of 251,462 residents, making it the second largest component of the West Midlands Urban Area, which makes it the 12th largest city in England outside London.

Wolverhampton is a large city and a desirable place in which to live and work, with excellent shopping facilities, restaurants and bars. The area is well served by the public transport system with the main bus station within easy walking distance of the property. The nearest railway station is just a 5 minute walk away. The area is also well served by the A-road system with the A4150 Ring Road very close by, which links to the vast A-road and motorway networks. Walsall is approximately 7 miles away and Birmingham is 17 miles away.

Multi-fronted detached property within a city centre location, briefly comprising:

Ground floor:

Main bar area with:

Access from car park and rear courtyard.

Wooden flooring.

Perimeter seating.

4 x booth seating areas.

Sash windows.

Chandelier light fittings.

DJ booth.

Premium integrated sound and light system.

Bespoke leather and wooden bar servery with several points of dispense, exposed brickwork, optics display, EPOS system and large wall mounted wine rack.

Ladies and gents WCs.

Lower ground floor with:


Store room.

First floor:

Club area with:

Large dance floor.

Premium integrated sound and light system.

DJ booth.

Large wooden bar servery with 9 x points of dispense, 2 x EPOS systems, bottle chillers and optics display.

Wooden flooring.

Ladies and gents WCs.

Chill out room with:

Wooden flooring.

Leather sofa`s.

Chandelier light fitting.

Feature fireplace.

VIP room with:

Wooden panelled walls.

Leather and wooden bar servery with EPOS system and optics display.

Carpeted flooring.

Feature fireplace.


Third floor:

8 x large rooms (currently unused with potential for living accommodation).

External with:

Large rear courtyard with heated seating area, 2 x marquees – outside bar and outside stage/events area.

Outside seating area to front of premises.

We are advised Leasehold:

Original lease length: 20 years

Remaining lease length: 18 years

Rent: £15,000 per annum

The business is open:

Monday – Thursday: 12.00pm – 11.00pm

Friday – Saturday: 12.00pm – 3.00am

The business is owner run and managed with 10 x staff members.

The business generates a turnover in the region of £454,916 per annum, with a gross profit of approximately 43%.

Tenure: Leasehold

Listed by: Hilton Smythe
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