Buy a Freehold Nightclub business for sale in Newport on BusinessesForSale.com

  • Advert ID: 187169
  • (Seller ref: 2316)

Freehold Nightclub For Sale


Location:
Category:

Listed by:

Asking price:
£2,200,000
Sales revenue:
£1,300,000
Net profit:
Available on request


Bag a Business Ltd is delighted to offer for sale this very attractive Nightclub and bar. The nightclub was established 14 months ago in a converted church. The bar has been established five years. Since the nightclub opened our client has built an impressive list of top names DJ's. The club was featured in 'Ministry' magazine as club of the month. There has also been a 3-page article in 'Night'. The bar is open all day and has a fully fitted kitchen but is not currently serving food. The club is only open 4 nights a week. Throughout, there is a state of the art sound system as well as CCTV in all areas including the toilets. The club boasts a 5am dance and refreshments licence.
The business is in an enviable position as no more are being sanctioned by the council. The premises also has outline planning permission for 55 flats including, 50 x 1 bedroom flats, 5 x 2 bedroom flats and 3 x ground floor shop units. Our client is selling due to other commitments. Viewing is essential.


Property:
Freehold
Location:
This attractive Nightclub and bar is situated right in the heart of Newport’s bustling town centre. Newport is situated in the centre of the Isle of Wight, which is just of the south coast and easily accessible from the mainland by the regular ferry services. The Isle of Wight is a very popular tourist destination attracting visitors from all parts of the UK.

For more information about this business for sale, click the Contact Seller button.

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