Freehold Old Established Gentlemen's Club For Sale

Business description

Outstanding opportunity to acquire a Freehold old established Lap Dancing Club.

The business has been in the same hands for the past 26 years and there are genuine reasons for sale.

Full On Licence held.

Entrance Fee charged -
Saturday afternoon, Sunday, Monday & Tuesday £1.50 increasing to £3.00 at all other times

Spacious Bar with wooden floor. Licensed for up to 60 persons.

Stage for dancing. Lap Dancing area.

Settees plus stools for approx. 30 persons.

Bar with 10 hand pumps, 2 double door glass fronted counter fridges, 2 electronic cash registers, sink, glass washer, music system plus disco lighting.

Fully tiled ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. urinal and wash hand basin

Property information

Property:

Freehold

Lease terms:

Uniform Business Rates: £5,500 p.a. approx. + water rates (metered)

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 26 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

Ground Floor Large Bed Sitting Room with en suite bathroom with bath, w.c. and wash hand basin First Floor Changing room for lap dancers Spacious Double Bedroom with en suite dressing area plus bathroom with bath, w.c. and wash hand basin 4 additio

Location:

Situated in a parade, main road trading position, expanding area close to Town Centre, HAMPSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands, especially as no catering is undertaken at present. (Included in the turnover we understand is approx. £1,000 p.w. in respect of entrance fees).

Reasons for selling:

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £450,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Thursday inclusive - 6 p.m. - 12 midnight
Friday & Saturday - 6 p.m. - 1 a.m.
Sunday 6.30 p.m. - 12 midnight

Financing available:

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT