Leasehold Night Club with 4AM Lic In Croydon

Business Description

LOCATION
Situated in a prominent position on the High Street, between Whitgift Street and Laud Street, opposite Edridge Road under the flyover (A232) in Croydon town centre. Neighbouring occupiers include; Domino’s Pizza, F45 Gym, Greggs, Sainsbury’s Local, Chicken Valley, Tops Pizza, Coughlans Bakery, Mail Boxes Etc and Cake Box, together with a good vibrant mix of other independent and local traders. East and South Croydon mainline railway, tram and bus stations are both within walking distance, providing services to central London, Clapham, Brighton, Gatwick, Bedford, Wimbledon, Beckenham and East Grinstead. There are also buses serving the area located on the High Street.

BUSINESS
Large well established Night Club famous for its ball pit and Karaoke nights. Staff run and currently operating from Thurs to Sun. Fully fitted out to a high standard with a small refit just undertaken (March 2025). The business is staff run offering much further potential for an owner operator to develop. The venue undertakes corporate parties as well as private celebrations . We understand that the premises currently has ‘E’ and Sui Generis Use Classes,

TURNOVER
We are informed that the business takes £9,000 - £10,000 pwk @ 60% GP.

HOURS
10pm - 4am Thurs & Sun
7pm - 4am Fri & Sat
Closed Mon - Weds

PREMISES
With a bright entrance and doorway from Croydon High Street with neon signage leading to the fully fitted Basement Club 461.25 sq/m (4,965 sq/ft) Comprising bar and games areas, Separate toilet facilities. Parking space to rear.

TENURE
New 20 year lease available. Rent - £60,000 pa. (4 year reviews)

EPC RATING
TBA

BUSINESS RATES
The current ratable value is £50,500.

Property Information

Property:

Leasehold

Premises details:

With a bright entrance and doorway from Croydon High Street with neon signage leading to the fully fitted Basement Club 461.25 sq/m (4,965 sq/ft) Comprising bar and games areas, Separate toilet facilities. Parking space to rear.

Business Operation

Trading hours:

10pm - 4am Thurs & Sun 7pm - 4am Fri & Sat Closed Mon - Weds

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed