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Leisure/hospitality for sale

£60,000

Lichfield Street, Walsall WS1

Interested in this property? Call +44 1780 673903 * or

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Property features

  • Free of Tie
  • Established Business
  • High Local Regard
  • Popular Hotspot Location
  • Fantastic condition throughout
  • Not to be missed
  • Turnover £400,000
  • Friday and Saturday only
  • Massive Provenance
  • Trade History

Property description

• Free of Tie
• Established Business
• High Local Regard
• Popular Hotspot Location
• Fantastic condition throughout
• Not to be missed
• Turnover £400,000
• Friday and Saturday only
• Massive Provenance
• Trade History

Location & Area

Walsall forms part of the West Midlands, Manhattans Night club is located just 8 miles north-west of the City of Birmingham and 6 miles east of the City of Wolverhampton.
The population of Walsall is circa 67,594, with the wider catchment area having a population of 269,323, one very busy place to be.

The Business

Fabulous nightclub business in the central heart of Walsall, established as a go to night spot within the town, neighboured by similar businesses which companion very well.

Large single floor trading area with access directly from the main high street is a delight. A mix of booths with LED lit tile tables, bar/communal area's and dance floor offer masses of space for customers to enjoy.

As with the Manhattan brand a photo-booth opportunity is in place, as is a vw Camper dj booth used to great effect.

Long bar running most of the length of the right hand side trading area is well thought out, offers 4 x separate work stations and is fully equipped with Highline Beer Taps, 4 x Post Mix and 4 x epos stations.
2 x Stainless Steel basins, glass storage and 6 x under counter Double Glass Fronted display fridges, there is also a commercial safe mounted to the floor.
Back Bar is laid to counter space with a host of optics and servery spaces.

Rear Glass Wash room is a very useful well thought out use of space, comprising 1 x large glass wash machine, 1 x large stainless steel table, and 1 x hand wash sink.

Cocktail Bar:
To the very rear of the trading area a second servery bar is located (known as the Cocktail Bar).
This comprises of 3 x under-counter Double Glass Fronted display fridges
3 x Beer Taps
1 x Post Mix Station
1 x epos Station
1 x Stainless Steel sink
Back bar is laid out to servery and optics.

Behind the rear of this bar is the Ice room and caged Spirit store.
1 x Large industrial Ice making machine
1 x Stainless Steel Hand-wash basin
1 x Double stainless steel sink with Right Hand Drainer

Additionally, to the far rear of the trading area the Ladies and Gents cloak rooms are located as is the dda compliant cloakroom.
Cash office is located in the same rear area, however the main business office is located by reception.

Owners Accommodation

These is no owners accommodation with this business making it the quintessential turn key "Lock up and leave" business.

External

This business benefits massively from its position on the High Street, flanked by companion style business and within the high footfall nightlife circuit.

Externally this business also enjoys the opportunity to provide customers with a smoking area which is both private and does not encroach on the street scene.

Property Description

Single, ground floor of a much larger building, this business has the ideal street location with frontage which can be secured totally making it an ideal turn key business..

Premises Licenses And Staffing

Licence details:
Monday - Wednesday 23:00 - 02:30
Thursday - Saturday 23:00 - 04:30
Sunday 23:00 - 03:30
tupe applies to applicable staff although there is some opportunity for redeployment within the wider business.

Price & Tenure

Ingoing Premium - £60,000+VAT
To Include all fixtures and fittings, goodwill and diary

Annual Rent - £20,000+VAT

Remainder of current lease to be assigned or the creation of a new lease to be agreed with the fully supportive landlord.
Lease is Landlord and Tenant Act (54) protected.

Services

All major services are contained.

Epc

EPC Assessment currently being carried out

Trading Hours

The Business has traded on this site under current ownership since 2000, and trades ostensibly on Friday and Saturday nights only.

Finance

An early discussion about finance can often save time and disappointment, talk to KSA Commercial about securing independent financial advice from our list of approved brokers in our “One Stop Shop”

Viewings

Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

Property info

What Zoopla users think of Walsall

Overall rating:

  • currently 3.5 stars
Good - 68% (177 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Walsall:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Walsall (0.3 miles)
  • Bescot Stadium (1.7 miles)
  • Tame Bridge Parkway (2.3 miles)
  • Birmingham International Airport (13.3 miles)
  • Coventry Airport (25.8 miles)
  • East Midlands Airport (32.1 miles)
  • Sharpness Old Docks (63.3 miles)
  • Lydney Harbour (64.6 miles)
  • Woodside Birkenhead Ferry Terminal (70.5 miles)

Nearby schools

View all schools in Walsall
  • Butts Primary School (0.4 miles)
  • Blue Coat Church of England Aided Junior School (0.4 miles)
  • Chuckery Primary School (0.4 miles)
  • Walsall College (0.3 miles)
  • Bow Street School (4.2 miles)
  • Health Futures UTC (4.6 miles)
  • Queen Mary's High School (0.3 miles)
  • Blue Coat Church of England Academy (0.3 miles)
  • Hydesville Tower School (0.4 miles)
Note: Distances are straight line measurements

Local info for Walsall

About the neighbours in WS1

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For more information about this property, please contact
KSA Commercial, PE0 on +44 1780 673903 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by KSA Commercial, and do not constitute property particulars. Please contact KSA Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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