WORCESTERSHIRE – WELL-ESTABLISHED AND HUGELY PROFITABLE NIGHTCLUB IN BUSY MARKET TOWN
Evesham, Worcestershire
Ref: 94939
Leasehold £150,000
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Key Features
Location
Marilyn’s Nightclub is a well-established late night venue in Evesham that has been successful in business since 1989. It is only available due to retirement and presents an outstanding opportunity for anyone wishing to run an established and profitable late night venue. It occupies a central location within the town, at the heart of the leisure circuit. This lock-up premises offers trading areas over two floors and has an outside space for smoking.
The medieval market town of Evesham sits in the Local Authority district of Wychavon, nestled in the southeasterly corner of Worcestershire. The town is synonymous with market gardens, being located in the Vale of Evesham which is often described as England’s ‘Market Garden’.
The town has a population of 30,000 and is well placed for commuters, being equidistant between Worcester, Cheltenham and Stratford-upon-Avon. A number of main A roads pass through and close to the town, and it is in close proximity to the M5 motorway.
The medieval market town of Evesham sits in the Local Authority district of Wychavon, nestled in the southeasterly corner of Worcestershire. The town is synonymous with market gardens, being located in the Vale of Evesham which is often described as England’s ‘Market Garden’.
The town has a population of 30,000 and is well placed for commuters, being equidistant between Worcester, Cheltenham and Stratford-upon-Avon. A number of main A roads pass through and close to the town, and it is in close proximity to the M5 motorway.
Property
GROUND FLOOR
Entrance hallway leads to a pay kiosk with a separate cloakroom behind.
The main CLUB is effectively four INTERCONNECTING ROOMS on split levels.
Carpeted floor to the central region with DANCE FLOOR and DJ BOOTH.
Three INDEPENDENT SERVERIES.
Ladies’ and Gentlemen’s TOILETS.
OFFICE.
CELLAR
The lower ground floor level consists of two INTERCONNECTING ROOMS.
EXTERNAL
Enclosed SMOKING SOLUTION.
Entrance hallway leads to a pay kiosk with a separate cloakroom behind.
The main CLUB is effectively four INTERCONNECTING ROOMS on split levels.
Carpeted floor to the central region with DANCE FLOOR and DJ BOOTH.
Three INDEPENDENT SERVERIES.
Ladies’ and Gentlemen’s TOILETS.
OFFICE.
CELLAR
The lower ground floor level consists of two INTERCONNECTING ROOMS.
EXTERNAL
Enclosed SMOKING SOLUTION.
The Business
This well-established business operates on limited hours, having a late licence and a capacity of 500 people. The financial statement for 31 March 2023 provides evident sales, exclusive VAT, of £582,467. The business operates on a gross profit margin of 74.1% with an adjusted net profit in the region of £135,000 after adding back directors’ renumerations and pensions.
Generally open on Friday/Saturday evenings, though the venue is available for private hire during the week, and Sundays (over a bank holiday weekend).
Generally open on Friday/Saturday evenings, though the venue is available for private hire during the week, and Sundays (over a bank holiday weekend).
Tenure
LEASEHOLD £150,000 to include goodwill, trade, fixtures and fittings. Stock at valuation in addition.
The Property is held on a part repairing and insuring lease agreement from a private individual for a term of eleven years, ending March 2030. The lease is fully assignable. Rent currently £23,000 per annum, paid quarterly in advance.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The Property is held on a part repairing and insuring lease agreement from a private individual for a term of eleven years, ending March 2030. The lease is fully assignable. Rent currently £23,000 per annum, paid quarterly in advance.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
Licensed Monday – Wednesday until 3am, Thursday – Sunday until 4am and an extra hour on Bank Holidays.
Services
All mains services are connected.
Local Authority: Wychavon District Council
Local Authority: Wychavon District Council
Enquire about this listing
Ceiron Griffiths
Midlands
Ref: 94939
