Summary
- Asking price:
- £485,000
- Sales revenue:
- Available on request
- Cash flow:
- Available on request
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Business description
Extensive nightclub and bar premises in Newport town centre comprising a converted former Congregational Church with a modern extension to the side. The nightclub is located in the former church and retains some excellent architectural detailing. The bar areas are located in the modern glazed ground floor and mezzanine level bar and dance areas. Accommodation exceeds 5,000 sq ft. Externally there is courtyard to front with parking for licensee’s vehicle.
New free of tie Lease may be available - Nil Premium - rental offers sought. Inventory at valuation.
Property information
- Property:
- Freehold
- Location:
- The premises are situated in the heart of Newport, the County town of the Isle of Wight, which has a resident population of approximately 136,000 and attracting 2.6 million visitors a year. The club premises are ideally located in the centre of this town to attract trade from all parts of the island.
- Premises details:
- NIGHTCLUB:
Ground floor: Front entrance lobby with reception desk, stairs off and under stairs cloakroom. Main club room extending to 40ft x 38ft 6ins plus raised stage area with DJ booth and second DJ booth to rear. The Club area includes bar servery with bottle fridges, electric tills, optics, glass washer, ice machine.
First floor balcony bar extending to approximately 975 sq ft with bar servery, occasional seating.
Decades Bar/Club Area, 22ft x 36ft on average, with servery, dance floor, seating, air conditioning units.
Ladies cloakroom off with seven cubicles and hand basins.
Gents toilet with two urinal troughs, four hand basins, two separate WCs, ventilated.
Good sized cloakroom.
BAR AREAS:
The bar areas comprise double glazed entrance porch, ground floor bar area with servery extends to 1,375 sq ft, including servery, storeroom off, 10ft x 11ft 9ins.
First floor: Lounge extends to 560 sq ft.
To the rear of the property is a compact beer cellar.
Office on first floor with sky light, extends to 9ft 3ins x 12ft 3ins.
There is a front courtyard with gated entrance and parking for licensee’s vehicle.
- Size in square feet:
- 5,000
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