Business for Sale in PLYMOUTH, Devon GENTLEMEN’S ADULT ENTERTAINMENT VENUE

Key Information

Reference

M037303N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Gentlemen's Club

Annual Sales

£168,480.00 Exc. VAT

Accommodation

No

Business Information

Destination ADULT ENTERTAINMENT VENUE, operating as a Gay Sauna, complete with LEISURE and licensed BAR facilities. Occupying lucrative central PLYMOUTH CITY CENTRE trading position, at the heart of city nightlife, surrounded by other entertainment, leisure, pub, and club businesses along with several hotels with the city attracting visitors from all over the world. Enjoying easy access with excellent public transport links to include road and rail, along with public car parking facilities.

Unique single level premises of some 4,500 square feet, enjoying a very competitive rent and up to 100% business rate relief available. The premises can accommodate more than 100 persons and licensed until 4.00am at weekends. The subject of a bespoke fit out, now provides reception, bar, lounge, cinema room, locker rooms, sauna, steam room, private cabins, chill area, showers, cloakroom, plant room, store area, office, staffroom, and rest area.

Niche business with no competition in the city and for some considerable distance. Established by the vendors in 2013 after spotting a gap in the market, appealing to a select community, commanding excellent reputation with strong following and a great deal of regular repeat trade, both local and from further afield. First time on open market, easily manageable, can be operated by 1 person, 2 at weekends and when events take place. Income £168,480 ex Vat, low overheads, sound profits, especially if owner operated.

Leasehold £125,000 sav Ref: M037303N