Gentlemen's Club in Norfolk For Sale

Situated in a Parade, prominent trading position, residential, office and commercial area, NORFOLK.

Turnover £ 7,000
Price £95,000

Features

Gentlemans' Club

4 DAYS OPENING

FIRST FLOOR

Reception desk, EPOS till.

Lap dancing club spread over 2 floors. Fully equipped CCTV System, Tables and chairs providing seating for 100 persons. Benefiting from an Alcohol licence till 04.00 am & Sexual Entertainment Venue (SEV) LICENCE.

BAR 2 EPOS tills, equipped with fridges, freezers.

VIP Champagne Bar, EPOS till, equipped with fridges, freezers

Ladies' & Gentleman's toilet with w.c. and wash hand basin

SECOND FLOOR

Bar equipped with fridges, freezers.

Ladies' & Gentleman's Toilet with w.c. and wash hand basin.

Staff Room

Changing Room
Staff Toilet
Office
Stock Room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w.

Staff

The business is at present operated by a Manager with 3 full time staff employed plus 15 dancers all self employed, door staff on self employed contracts.

Trading Hours

4 Day week (7 DAY LICENCE)
WEDNESDAY - SATURDAY 9 p.m - 4 a.m

Outside

Rear yard

Tenure

The private landlord owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 15 years full repairing and insuring lease with rent reviews every 5 years with a starting rent of £24,000 p.a.

Business Rates from April 2023 £15,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote