High Grossing City Centre Nightclub For Sale

Business description

St Mary Street Cardiff

T/O Circa £14,000-£16,000 per week

Fully Licensed until 6.30am 7 days per week

Two Bars/ One Club

Superb Position

Property information

Property:

Leasehold

Lease terms:

15 years

Leasehold rent:

£65,000 per annum

Living accommodation:

Hallway/Living Living Room Bedroom 1 Bedroom 2 Bathroom, W/C and Wash Hand Basin

Location:

The nightclub is superbly situated at the southern end of St Mary Street in the heart of Cardiff City Centre. It is located some two hundred meters from the Bus and Train stations, and 500 meters from Queen Street, Cardiff’s main Shopping centre. The lower end of St Mary Street has become a focus for late night drinking establishments, and is ideally located next to Mill Lane, Caroline Street and The Millenium Stadium.

Premises details:

The property was originally built in 1886, and constructed of stone with timber frame frontage and two sets of entrance doors. It is configured with bars on the ground and first floors, with a dance club in the basement. The second floor houses a city apartment, which is currently rented by the club manager.
It was turned from an office to a bar in 1986, and has been run by the current proprietor since 2003. The club has traded in the past as a lap dancing venue, and retains the licence, but currently operates as a more traditional drinking establishment and nightclub. It has the latest alcohol and entertainment licence in Cardiff with 6.30am closing 7 nights per week and licensed capacity for 270 persons at any one time. The club currently opens on a Thursday, Friday and Saturday night with entrance fees being charged on the door. The building is fully compliant to the latest Fire and Disability Discrimination legislation.
COMMERCIAL UNIT

GROUND FLOOR

Bar 45.0 meters square
Customer Toilets– 3.68 meters square
Internal Storage– 4.88 meters square
Entrance/Stairs 22.0 meters square

FIRST FLOOR

Bar 75.0 meters square

BASEMENT

Club 71.0 meters square

Other information

Planning consent:

The unit has planning for A4: Drinking Establishments under the Town and Country Planning (Use Classes) Order 1987. It is fully licensed until 6.30am seven days per week, and has a regulated entertainment licence from 6.00pm to 6.30am daily. It also has a Section 34 Gaming Permit and Lap Dancing Licence.

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