Nightclubs for sale in Watford

View the "BUSY BAR & GRILL FOR SALE – REF: RB407" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

BUSY BAR & GRILL FOR SALE – REF: RB407

Watford, Hertfordshire, England

  • Leasehold Price: £325,000  Price Reduced arrow_drop_down
  • Annual Turnover: £15,000
Seller Reference: 407
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 407
Request Details
Business Description
RIGHT BUSINESS ARE DELIGHTED TO OFFER FOR SALES THIS POPULAR LATE-NIGHT GRILL & BAR IS FOR SALE SITUATED IN A BUSY TOWN AREA. THE PREMISES IS A 300 CAPACITY VENUE COMPRISING OF TWO ARENAS.SITUATED IN A HIGHLY-POPULATED AREA WITH A VERY HIGH FOOTFALL IN THE DAY TIME. THE PREMISES HAS THE POTENTIAL TO LAUNCH A NIGHTCLUB AND HAS THE APPROPRIATE PREMISES LICENCE. IT IS THE ONLY VENUE OF ITS SIZE IN THE LOCALITY.

ALL FIXTURES AND FITTINGS ARE INCLUDED IN THE SALE AND ARE TO INCLUDE: SOUND, LIGHTING, FULLY FUNCTIONING AIR CONDITIONING SYSTEM, CCTV SYSTEM, FIRE ALARM SYSTEM, FRIDGES AND FREEZER ETC.

Turn Over: WE ARE INFORMED THE TURNOVER CURRENTLY AVERAGES £15,000.00 PER WEEK IN OUR OPINION OFFERING TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
ANY PERSONS WISHING TO DISCUSS THE SALE OR MEET THE VENDORS ARE REQUESTED TO DO SO IN CONFIDENTIALITY WITHOUT DISRUPTING THE CURRENT BUSINESS AND ITS STAFF. CONTACT SHOULD BE MAKE VIA EMAIL INFO@RIGHTBUSINESSES.CO.UK OR PHONE TO OUR CUSTOMER RELATIONS MANAGER MR JOSEPH ON 07714615076 / 02033023040 Advert Ref: RB407

PLEASE NOTE: THESE PARTICULARS PROVIDE A GENERAL OUTLINE ONLY. IT IS ADVISED THAT PROSPECTIVE PURCHASERS MAKE THEIR OWN ENQUIRIES. THESE DETAILS DO NOT CONSTITUTE ANY PART OF AN OFFER OR CONTRACT. ALL STATEMENTS OR DETAILS CONTAINED WITHIN THESE PARTICULARS ARE WITHOUT ANY RESPONSIBILITY ON ANY PART, TO RIGHT BUSINESS. RIGHT BUSINESS CHARGES A FEE OF £300 AS ADMIN FEE FROM PROPOSED BUYER. A HOLDING DEPOSIT WILL BE REQUIRED TO SECURE THE PROPERTY.
Trading hours:
TUE TO SUN: - NOON TO MIDNIGHT
Number of employees:
10
Tenure:
Leasehold
Competition:
No
Support and Training:
Yes
Location Details:
SITUATED IN A PARADE, EXCELLENT TRADING POSITION.
Leasehold Term:
THE PREMISES ARE HELD ON A SECURE RENEWABLE LEASE, THE PRESENT LEASE HAVING APPROXIMATELY11 YEARS UNEXPIRED AT A CURRENT RENTAL OF £100,000.00 P.A. & BUSINESS RATES – £40,000.00 P.A
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