- Businesses for sale
- Advert Details
- Advert ID: 647369
Soho Nightclub with 3am Licence For Sale
- WESTMINSTER, London, United Kingdom
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- Franchise Terms
- N/A
- Business description
- Basement bar / nightclub.
New 15 yr lease recently agreed.
Prime position near picadilly circus.
Fully fitted with bar, dancefloor cloakroom & comfortable seating
3am licence with m&d.
Ideal for private members club.
Rarley available / confidential sale.
- General information
- Business closed / Asset sale
- Years established:10
- Employees: 4
- Trading hours: 5pm-3am
- Property:Leasehold
- Lease terms:We are informed that the property is held by means of a 15 year FRI lease FROM 2007 and is subject to 5 yearly rent reviews. It is understood that the lease is granted outside the security of tenure provisions of the Landlord and Tenant Act 1954.
- Location:Situated in busy Soho a few hundred metres away from Picadilly Circus and Shaftesbury Avenue.
- Expansion potential:Would make an ideal private members club, piano bar or karaoke bar.
- Competition / Market:This presents an amazing opportunity for a new operator to create something new and exciting in the area as the bar has been under the same ownership for about 10 years. ALternativley one may deceide to continue the business as is.
- Support & training:Support can be provided if required during the handover period.
- Reasons for selling:Getting out of the late night industry
- Financing available?n/a