For Sale

American Style Pool and Snooker Hall

Dundee, Angus

£25,000 +SAV

Ref: B04511

Contact sales negotiator

Hannah Hargreaves

01204556311

Email Hannah Hargreaves

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Description

Could look to gain an alcohol licence again.

Hilton Smythe are delighted to bring to the market a fantastic opportunity to purchase
the former Carlton Snooker Club.

The business has only now come to the open market as it’s our clients desire to peruse other ongoing business interests.

The business has seen considerable investment over the last 8 to 12 months and can now be found in excellent condition with all snooker & American pool tables having been refurbished along with the premises ready for opening to the public again.

The business is split over two levels with the upper level being set up in the style of an American pool hall with two traditional pool tables and four American style tables.

The snooker hall is located on the lower floor and benefits from having 6 refurbished full-size snooker tables.

Previously the premises were licenced and had a fully stocked bar area, this has been removed with the provision of a hot food take away in place now (separately run).

However due to the remaining space within the upper pool hall area (& subject to local authority planning consents) there is an area where a bar could be installed to service the snooker club.

There is scope to increase turnover with the introduction of a pay as you go table system and introduced free membership that could potentially increase the use of the club.

The venue would benefit from being fully licensed again so any interested parties would need to satisfy themselves as to the feasibility of this option.

This is an outstanding space which offers a new owner the opportunity to take this business to the next level.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment

Tenure

Leasehold

We are advised that tenure is offered on a Leasehold basis, with flexible terms to be arranged with the freehold owner.

Hours

N/A

Staff

The business is run & managed by the current owner

Financial Profile

The Business has no up to date trading accounts, with value based on current assets only

Location

The business is situated within the busy Lochee area (DD2) of the city of Dundee and is surrounded by a wealth of complementary businesses and residential property, therefore, potentially benefiting from a high volume of footfall and passing trade.

Dundee is a coastal city on the Firth of Tay estuary in eastern Scotland. Dundee is also known as the City of Discovery and has undergone transformation over the past decade and major investment continues in the shape of revitalisation of the Waterfront, spearheaded by the V and A Museum, the Slessor Gardens and civic amenities including hotels, shops and leisure facilities.

Renowned for its universities and training hospital at Ninewells, Dundee is also renowned for its cutting-edge design technology within the computer games industry among others.
The city is very well serviced in terms of local amenities and transport links to all other parts of the UK via rail, road and with direct flights to London City via Dundee airport

Premises

The business occupies a large modern purpose built commercial premises that has been fitted out to good modern standard briefly comprising:

• Upper Level American pool hall area
• Four refurbished American style pool tables
• Two further standard pool tables
• Various perimeter seating.

Lower level snooker hall area accessed via staircases at either end of the pool hall and benefiting from

• Six fully refurbished full-size snooker tables
• Lighting and all associated equipment

The premises also benefit from W/C area along with CCTV.

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