Double shop with a 10 bed accommodation. Consists of a chip shop and nightclub next door. The rent is £35,000 for the whole property including the business insurance. The landlord has sub let the night club at £20,000 per annum. The accommodation brings in £20,000 per annum. The total income is £40,000 per annum. 

Key Features:

  • Both have a license up to 05.00am 
  • Perfectly situated on Braunstone Gate and good access to City Centre
  • Accommodation of 10 bedrooms
  • Fixtures for both nightclub and chip shop are included
  • Living accommodation is in need of modernisation
  • 40 years remaining on the current lease which is renewable at the end of the term
  • Comes with a rear office/store room - 15'3 x 20'5 (approx) 314 sq ft
  • CCTV installed 

Chip shop

  • Rental Income from 4 bed flat: £8,000 per annum
  • Takings: £5,000 per week
  • Business rates: SBR
  • Opening times 12pm - 4am 
  • Dimensions: 24'9 x 27'3 9 approx) 680 sq ft
  • Premises has a licence till 5am 
  • includes all fixtures and fittings (4 fridges, 3 freezers)
  • Storage area 

Nightclub

  • Rent: £20,000 per annum
  • Rental income from 6 bed flat: £12,000 
  • Dimensions: 60'9 x 23'6 (approx) 1437 sq ft
  • Premises has licence till 5am 

Income 

  • Nightclub = £20,000pa 
  • 10 bedroom accommodation = £20,000pa 
  • Total income = £40,000pa 

Lease rent payable

  • £35,000pa including insurance 

Services: All mains services are connected to the property. The services, fittings and appliances (if any) have not been tested by the agents. 

 

Comment