1000 Capacity Leicester Landmark Live Nightclub Sports Bar For Sale

Business description

The freehold and business has been operated by the same owner for 15 years who is now looking to sell the freehold and business (may consider leasing or a management partnership) and focus on other interests. It has a very good repuation in the city with the public and an umblemished record with the Police and council. The building is open to any type of promotioed clubnights or events as it is known as a generic safe venue as the owner has not entertained lower end events.


The building is on three floors.
ground floor is a function room nightclub
first floor is a pool hall and bar open every day and becomes part of the nightclub at weekends.
second floor is the main large nightclub and function room with large stage.

Total capacity 1000
License till 6am
Separate cellar and cold room
Separate office
Free of any brewery tie
Full gas central heating
All three floors have good nightclub sound system
Toilets on all floors
Large stage on second floor
Separate kitchen
Parking for 5 staff cars
External smoking area
Exterior all secure with bars and metal doors
Pool room has 10 amercian pool tables
Fixed seating and nightclub furniture included
Sharp epos system with back end
Full cctv system with online viewing
Three fully operational bars with equipment


There is tremendous opportunity for the right person or company to develope this location. The current owner has operated the venue under full management and does not take an active day to day role.

Food, more clubnights, greater marketing for functions , lower overheads are just some aspects of the business which can be capitalised upon.

Property information

Property:

Freehold

Lease terms:

negotiable

Leasehold rent:

£75,000 per annum

Location:

it is on the main inner ring road leicester city centre in a very prominent location. we are constantly being approached by other companies and advertising firms to sell some hoarding space.

Premises details:

A floors brick and slate building. very good state of repair.

Size in square feet:

12,500

Business Operation

Expansion potential:

in need of ownership who can focus on the business.

Reasons for selling:

owner needs to focus on core business and cannot offer the business attention it needs going forward.

Trading hours:

pool hall 12-12 daily
nightclub floors ground and second nightclub hours

Employees:

12

Years established:

1997

Other information

Support & training:

owner will ing to offer assistance and some staf willing to stay

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

negotiable

Leasehold asking price:

£400,000 (Furniture / Fixtures included)