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Bar / Nightclub for sale

Kinmel Bay

£399,950

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

SUPERB SOCIAL/MEMBERS CLUB WITH STATIC CARAVAN SITE - NORTH WALES
Superbly presented spacious 4 bed owners accommodation
Advised turnover of 114,002pa with gross profit of 59,977
Free house with 7 day a week license to 2:00am
Popular tourist seaside town of Rhyl
Early viewing highly recommended
450 person capacity in club
8 static caravan plots
FREEHOLD


Location

This long established social club/static caravan site is located on the Foryd Road within Kimmel Bay approximately 1 mile to the west of the popular North Wales seaside holiday destination of Rhyl. It sits in a prime location and is within a short 2 minute walk of the beach, within close proximity of over 11 other caravan parks which increases the potential tourist custom to the club. The business is on route to the main funfair which ensures a constant stream of passing tourists and potential trade. Rhyl is a coastal town in the county of Denbighshire, it has long been known as a popular tourist destination and is very popular with residents of Wales and northwest England. European funding, secured by the Welsh Assembly Government, has produced millions for the development of Rhyl's seafront. Kimmel Bay is easily accessible as the Foryd Road is the main A548 coast road linking Rhyl to Abergele and provides access to the main A55 North Wales expressway linking to the UK's major motorway network via the M56.


Business History

Meridian Business Sales are delighted to offer to the market this superbly located, social and members club/static caravan park which has been in the careful hands of our client since 1982 and has been established since 1953. The only reason this rare opportunity is being offered to the market is due to our client's desire to take retirement due to ill health. During our clients stewardship they have continued to maintain and refurbish the business meaning it is in full walk in and trade condition making it a 'turn key' opportunity. Our clients advise us of an annual turnover which currently runs at 114,002 with an advised gross profit of 59,977 which is derived from the sales of beers, wines and spirits in the members/social club with an additional income stream from the 8 static caravans on site which provides a further 16,000pa. In addition the business generates income from the sale of instant lottery tickets, bingo and popular card games for patrons of the club. The business enjoys a fantastic reputation in the local community and enjoys high levels of regular custom and is supported by 4 darts teams and a league winning domino's team. The business enjoys free house status and has a 7 day license until 2:00am and is perfectly located to take advantage of the surrounding holiday and caravan parks which attract large numbers of tourists throughout the year. There is great scope to improve turnover by introducing food into the business as currently wet sales provide the vast majority of the business' income stream. This business would ideally suit a husband and wife partnership looking for a life style change with a good standard of living and as such early viewing is highly recommended.


Financial Profile & Tenure

Turnover: 114,002pa
Gross profit: 59,977
Stock approximately: 2,000

We are advised freehold


Opening Hours

Social Club trades all year round with a 9:00am - 2:00am license. Caravan Let - March to September


Accommodation

Large detached property with substantial grounds, 8 x static caravans and a 450 person capacity social club briefly comprising:

Ground Floor - Secure entrance with motion sensor CCTV, through access to owners' accommodation, 450 person capacity social club with fitted seating, snug area with wall mounted dart board, lottery card machine providing extra income, television and fruit machine. Large open plan lounge with dance floor, bingo machine, large modern P.A. system, well appointed spacious bar area with 13 point of dispense for beers/lagers, 2 x wine dispense pumps and 2 x soft drink dispensers, glass washer, ice making machine, coffee making machine, secondary spacious lounge with additional fitted seating, sliding door access to pool room/sports bar area with 2 x pool tables and large wall mounted flat screen television with rear access leading to a newly decked smoking and outside seating area.

First Floor - Stairs from ground floor main entrance leading to central landing with split access leading to: Main lounge, Bedroom 1 - A spacious double sized bedroom with fitted wardrobes and additional overhead fitted storage, newly tiled beautifully presented main bathroom with bath, toilet and hand wash basin, main kitchen briefly comprising: Gas cooker and hob, tower freezer, tower fridge freezer, microwave oven, dishwasher, utility room with free standing shower cubicle, washer and dryer machines, storage cupboard and stairway access to second floor.

Second Floor - Bedroom 2: Double sized room with fitted wardrobes with walk in wardrobe area leading to: Bedroom 3: Double sized room with fitted wardrobes. Bedroom 4: Double sized room with fitted wardrobes.

External - Large driveway access to front of property leading to rear car park 25 car capacity approx, 8 x permanent static caravans providing steady guaranteed income and 2 x rear secure storage sheds.

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

0845 222 0508 Local call rate

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