Summary
- Asking price:
-
£280,000
(Furniture / Fixtures included)
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Business closed / Asset sale:
- Yes
Business description
Advent Business Sales is pleased to offer to the market this vacant night club premise, which has been in existence over the last 6 years.
During this time it had achieved an enviable reputation and an excellent track record.
The current vendor has been in ownership for the last 5½ years and has been the instigator of its unrivalled reputation but is now reluctantly selling due to the pressures from other business commitments.
The club has a capacity of 450 people in total, 195 on the ground floor and 255 on the first floor.
Regular opening nights are both Friday and Saturday, establishing a pattern for its regular customers.
The property is licenced to serve alcohol Thurs, Fri & Sat untill 3am and all other nights untill 2am.
ref:8674NG
Property information
- Property:
- Freehold
- Lease terms:
- TENURE: Freehold
We are advised that the annual business rates are currently: £10,626
- Living accommodation:
- BUSINESS PREMISES
A two storey building briefly consisiing of the following:
• Main entrance lobby with reception desk with computerised touch screen till.
• Cloakroom and owners office area
• Main bar area with W/Cs and disabled toilets
• Store room
• Drinks chiller area behind the bar
• To front is lower dance floor with DJ booth and some seating
• Upstairs lobby leading to W/C, chill out room with high back leatherette seating and car and main dance area
• Bar and product sales shop
• The dance floor is spring loaded and has a ‘bounce.’
• To rear of dance area is a fire exit, w/c, staff cloakroom and w/c
The mood change in the chill our room differs and is supplied by colour changing down lighting and VA abstract spot lighting.
All rooms are individually air conditioned/heated for the clients’ comfort.
The business is protected by a 9 camera CCTV system, 3 external and 6 internal, recording 24 hours a day on a multi complex hard drive. Both the alarm and fire alarm are linked to Redcare.
All fire doors have push bar closures.
The building has a 3 phase electric supply with separate fuse boards.
To the front is electrically operated roller shutters and 4,400 watt coloured floodlights.
External
- Paved to the road at the front and paved to side service road.
- Location:
- Our client is located in a very prominent position close to Junction 25 of the M1 motorway. It is well recognised within the dance scene and has customers from all over the country. The location is easy to find and is assured of a strong audience. Its close proximity to the M1 and the city of Nottingham enables customers from Leicestershire, Derbyshire and Nottinghamshire to attend its highly prolific dance promotions with ease.
Its reputation within its residing town makes it one of the top night spots on the local dancing circuit.
Other information
- Expansion potential:
- There is fantastic opportunity to develop what was a tremendously run business by including alternative music promotions.
The club could also extend its revenue by adding an element of hot food. The stock room behind the lower bar is already partly fitted out as a kitchen.
The property could be totally altered to suit a new venture not yet listed as it has the potential for many uses.
- Financing available:
- Please let us know if you require finance for the purchase of a business.
- Related documents:
-
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.