Well‑profit showing venue with clear scope to expand trading hours.
Freehold late-night nightclub and bar with established trading history
A long-established late-night nightclub and bar offered freehold with strong reported net profits of £60,993 for year ending 31 December 2023. The business currently trades just three nights a week (from 10pm) with weekly takings around £5,000–£6,000, presenting clear upside by extending opening hours or introducing daytime/early-evening trade and food sales.
The premises are substantial: three storeys in a prime town-centre position, multiple bars/function areas, disabled facilities and a large beer cellar. Ground, first and rear second-floor bar spaces provide flexibility for events, private hire and split trading. The former kitchen area and unused third floor offer scope for added revenue streams or owner accommodation (subject to consents).
Buyers should note material negatives: the building has single glazing, presumed uninsulated stone walls and no central heating system (electric heaters assumed), so improvement works will be needed to raise comfort and thermal performance. The location sits in a very deprived area with very high crime levels, which may affect daytime trade and insurance costs.
This is a retirement sale offering an operator-owned freehold with stock included and an EPC rating of C. It will suit an investor or operator seeking a late-night venue with strong historic profitability and clear levers to grow turnover through longer opening hours, food offer or venue diversification.
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