Crazy Golf Course with Bar in Essex For Sale

Shopping centre locality, prominent trading position, residential, office and commercial area, Essex.

Price £80,000

Features

Crazy Golf with Bar (closed)

FULLY FITTED 2023 AT A COST IN EXCESS OF £300,000

Reception area in the ground floor of the shopping center with Lift to the Bar.

Site area 4,400 sq. ft

Bar / Café area, drinks display fridge (glass fronted upright), computerised booking system, Coffee Machine (2 Group), coffee grinder. Tables and chairs providing seating for 60 People

Themed Neon 9 Hole Crazy Golf Course

Glow in the dark Dart board

6 Toilets with w.c. and wash hand basin.

Kitchen / staff room with freezer, fridge

Outside

Parking space for 6 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £52,500 p.a. + VAT In addition we understand there is a Service charge of £13,500 p.a. + VAT approx.

Business Rates from April 2024 £2,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

OFFERS INVITED TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS IN EXCESS OF £80,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote