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Restaurant for sale

Maitland House, Warrior Square, Southend-on-Sea, Essex, SS1

£395,000
17,000 sq. ft.

Property Description

Commercial information

  • 17,000 sq ft (1,579 sq m)

Key features

  • Southend's Premier Night Club
  • Approx. 17,000 Sq.Ft. Overall
  • Licenced For 1,395 People
  • Open 3 Nights Per Week Only
  • Licenced Until 4am
  • Enquiries From Principals Only

Full description

Tenure: Leasehold

DESCRIPTION:
Mayhem Nightclub comprises some 17,000 sq.ft. of 'state of the art' entertainment premises, located under one of the Town's landmark Office blocks (Maitland House). Currently licenced for 1,395 people but capable of being increased to approx. 1,570.


Business Rates 
The 2010 rateing valuation describes the property as Club & Premises with a value of £176,000, resulting in a liability of £87,472.

Premises Licence 
The Premises Licence permits the sale of alcohol on or off the premises, and regulated entertainment (films, live and recorded music and dancing) Sunday to Thursday 10am till 3am, Fridays and Saturdays 10am till 4am, extended till 5am on New Years eve.

Legal Fees 
Each party is to be responsible for their own legal fees.

Property 
All of the property, other than the large Reception area, is located at basement level, providing some 17,000 sq.ft. of mixed dance floor space, Bar areas, stores, WC's and ancillary.

Location 
In the heart of Southend Town Centre, part of the landmark Maitland House Office building.

Hours 
The Club is open on Fridays Saturdays and Mondays only.

Tenure 
Leasehold. Granted for 25 years from 2005.

Rent 
£150,000 per annum plus VAT.

Rent In Advance/Deposit 
The ingoing tenant will be required to pay one quarters rent in advance together with a rent deposit of one quarters rent.

More information from this agent

Map & Street View

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