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Restaurant for sale

Unit 3 Warrior House, 42-82 Southchurch Road, Southend-on-Sea, Essex, SS1

Sold STC 3,000 sq. ft. | £120,000

Property Description

Commercial information

  • 3,000 sq ft (278 sq m)

Key features

  • Lic'd Prem & Café (A3&A4)
  • 3000 Approx Sq Ft
  • Leasehold

Full description

Tenure: Leasehold

DESCRIPTION:
Entice is Southend's Premier Gentleman’s club, and provides superior adult entertainment rivalling some of London's top venues. There are three VIP areas which can be pre booked for special events and celebrations. Tailor made drinks and dance packages are available. The ground floor comprises a VIP area that can accommodate 3-4 people or opened up for up to 8 people.


Property 
Ground floor reception with a number of screened private areas. Staircase to the basement in some 2,800 sq.ft. The basement comprises the principle trading space with feature bar and a number of private rooms, dance floor and small stage. Other areas include quality toilet blocks, storage and Office.

Turnover 
Average monthly turnover between £16,000 and £18,000 per month.

Staff & Security Costs 
Approx. £5,600 per month.

Licence 
The Licensable activities include full or partial nudity, pole and table dancing. A copy of the Licence is available on request.

Permitted Hours 
Daily from 9pm until 3am the following morning, and until 4am the mornings following all Public & Bank Holidays, and all Fridays, Saturdays and Sundays preceding such Holidays.

Tenure 
An Underlease granted for 5 years from the 28th April 2015.

Rent 
£37,500 per annum, payable monthly in advance.

Service Charge 
A service charge is payable of some £500 per quarter.

Business Rates 
The 2010 rateing assessment shows an adopted value of £19,750, resulting in a liability of £9,816.

More information from this agent

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