Bar / Nightclub for sale

Prince Of Wales Road, Norwich, Norfolk, NR1

£75,000

Property Description

Commercial information

  • Business for sale

Key features

  • Premier Location For Clubs & Bars in Norwich
  • High Footfall & Passing Trade
  • Rare 4am Licence
  • Suitable for Many Uses (Poker School, Gentlemens Club etc...)
  • Enjoys a Good Relationship with the Police and Licensing Authorities
  • Immaculate Order Throughout
  • All Licences and Leases as New
  • Bar & Rooms Spread Over 4 Floors
  • Ground Floor Soundproofed
  • Viewing Advised

Full description

Tenure: Leasehold

Prince of Wales Road in Norwich is the only place for a successful bar/nightclub. Attracting many of the students from U.E.A. and the colleges within Norwich and situated at the top end of the road, this business has it all - location, prestige, is well appointed, has scope for significant growth - all the buzz words used to describe an exceptional opportunity apply to this venture.

Boasting a rare 4am licence covering dancing, entertaining and food the options are wide, either continuing as is but opening more often, plus there are facilities for a poker school, lap dancing, gentleman's club, the choice of lucrative money making ideas is limitless.

By design, the club attracts a slightly older crowd and so enjoys a good reputation and relationship with the police and licensing authorities.

A substantial six figure sum has been spent ensuring the premises are presented in immaculate order and you cannot fail to be impressed on entry.

Having only recently been acquired by the current owners all licences and leases are as new.


ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY
Spread over four floors including a large basement/cellar, as indicated this large building offers many opportunities. The ground floor has been decorated and sound proofed with no expense spared. The lighting is of the highest quality as is the sound system which is included in the price. Measuring some c 1500 sq ft including VIP areas. a state of the art dance floor and D.J. area, leather padded bar designed to the most practical of standards and with a large amount of casual seating, this is the hub of the building.

There is a cloakroom near the entrance. On the first floor are the w.c.'s and a large bar, stage and dance floor. This room is ideal for private functions. There is a separate managers office with full CCTV covering the whole building. The second floor has many options. Split into smaller rooms and previously used as a karaoke area with its own bar and toilets, it could be converted into letting rooms or used for commercial purposes.

The cellar, which is dry, is not fully utilised at present but, again, could be converted without difficulty into a variety of uses.


THE BUSINESS ITSELF
In the short time the current owners have had the business, they have not changed the opening hours, putting their efforts into upgrading the first floor to accommodate live bands. There is still much potential to increase trade by opening more evenings and offering alternative income streams. We are informed that takings have continued at the level enjoyed by the previous owners. Any inspection will be welcomed to verify the high takings generated.


INFORMATION

Our Reference
NC32782E.

Tenure
Leasehold.

Viewing
Strictly by appointment only, please call our Norwich Office on (01603) 28 08 73 to make an appointment.

Finance
Finance available to suitable purchasers

Business to Sell or Let?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

Premier Marketing
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on Rightmove.co.uk, other portals and our own website, make your business stand out from the crowd - call us today!

Unhappy?
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Energy Performance Certificates (EPCs)

Nearest stations

  • Norwich (0.3 mi)
  • Salhouse (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F East Anglia, Norwich

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Norwich (0.3 mi)
  • Salhouse (5.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F East Anglia, Norwich

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference NC32782E. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by EM&F East Anglia, Norwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.