Popular Snooker Club - Ref: 1082
Popular Snooker Club
Mirrelson Commercial welcomes to the market this popular snooker club. Owned since 2008 and reopened in 2014 after an extensive refurbishment. As a result it currently holds 2 American pool tables, 3 full size snooker tables, 3 gaming/casino machines as well as 2 private rooms for parties. This business enjoys a regular customer base with over 100 members and benefits as being a popular destination for hen & stag nights. Ladypool Snooker Club enjoys spin off custom from the bookmakers located on the 1st floor with many customers coming up when they close. Overheads are currently paid for by commissions of gaming machines.
A new owner could increase turnover by extending opening hours to include daytimes and obtaining an alcohol license as well as embarking on a marketing and advertising campaign. There is also scope to increase the business by taking on the ground floor subject to negotiation. The ground floor is currently a large empty unit which could easily accommodate 4 further tables.
Located in a large residential/commercial area of Birmingham, on a busy main road known as The Curry Mile. A densely populated area with heavy traffic flow and several surrounding schools, colleges and close to both University of Birmingham and Birmingham City University.
1st floor double fronted premises with doorway located next to bookmakers briefly comprising of;
Open plan snooker hall
Seating to perimeter walls to suit trade
2 x American pool tables
3 x Full size snooker tables
3 x Electronic gaming machines/casino/poker
2 x Private snooker rooms with full size snooker tables
WC – ladies, gents & disabled.
Turnover £1800 - £2500 per week from snooker
Turnover £1600 - £2400 per week from gaming machines
Gross profit 90%
Rates payable £6,000 per annum
Rent £18,000 per annum
Length of lease 25 years
Remaining length 18 years
Review period 5 years
Option to take on ground floor at a further £7000 per annum