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Old established NIGHTCLUB

Price:
Leasehold - £95,000
Turnover:
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Seller Ref:
R1897
Location:

Cambridgeshire

Business Type:

Pubs

See Other:
Pubs for sale in Cambridgeshire
Other pubs for sale in Cambridgeshire
Nightclubs for sale in Cambridgeshire
Wine bars for sale in Cambridgeshire
Pubs for sale in Cambridgeshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Listed Building

We undertand the premises have a Full On Licence plus Entertainments Licence, in our opinion the Nightclub offers terrific potential as it is situated in a large student area.

Ground floor entrance to RECEPTION AREA with space for storage of customer's coats.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom room with 3 urinals, w.c. 2 wash hand basins
Storage area

2 wide staircases to BASEMENT NIGHTCLUB (1,200 sq. ft. approx.), woodstrip floor. 2 air conditioning units. Dance floor area with DJ consul, full music system with speakers. Coffee tables, bench seating providing seating for approx. 30 persons. We understand the Nightclub is licensed for up to 120 persons. Bar with marble top, electronic cash register, double door glass fronted drinks fridge, optics, 2 enclosed coolers, soft drinks dispenser. CCTV system with 3 cameras plus monitor and recording.

Rear wash-up area with sink and drainer, ice machine, glass washer, wash hand basin
Rear store

WE ARE INFORMED the turnover averages £3,500 p.w. (wet sales only), in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx. Included in the turnover is the entrance charges which range from £3-£6 per night.

We understand the premises are held on a secure renewable lease, the present lease expiring in 2016 at a rental of £17,000 p.a. plus VAT, exclusive of rates for the next 1 year, with rent to be agreed thereafter. (The present tenant does not anticipate an increase in the rent at next rent revision).

Uniform Business Rates: £5,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, densely populated residential and commercial area, close to main railway station and CAMBRIDGESHIRE
Trading Hours:
At present 3 evening per week. Thursday, Friday & Saturday
Thursday - 9 p.m. - 1 a.m.
Friday
Accommodation:
Parking space for 1 car at rear
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