LONG ESTABLISHED BUSINESS & ASSETS IN BROMLEY BR1
BIBAS NIGHTCLUB T/A ORA
‘By Order of the Liquidator'
G J Wisdom & Co have been instructed by the Liquidator to offer for sale the long established Business & Assets of this Bromley Nightclub.
Bibas Update: Best & Final Offers are being invited by close of business Friday 18th September 2020
Bibas Nightclub LLP T/A ORA
ORA is a VIP Nightclub spread across 4 floors located in the centre of Bromley.
The club has benefited from an £800,000 refurbishment in the past but would further benefit from future upgrades.
The main club is located in the basement area which comprises of a large dance-floor with bench/table seating around the perimeter, a large illuminated, well equipped glass bar and 2 video walls, one behind the bar and one on the dance-floor. There is also a DJ booth with lighting and sound equipment throughout.
The entrance into the nightclub is on street level and comprises of a reception desk, cloakroom and stairwells to the basement and upper floors.
To the 1st floor you will find a custom-built marble topped bar area. This floor has screens on the walls previously used for Karaoke as well as a raised seating/drinking area and speakers.
The top floor is used as a VIP area consisting of a custom-built marble bar with integrated fittings, a small dance floor, a DJ Booth with lighting and sound equipment/mixer deck. The top floor also has a small kitchen area which is not currently in use.
Toilet Facilities are located on each level.
Outside you will find a heated smoking area.
The whole building is air conditioned and decorated to a good standard
The Current Rent is £46,000/annum – There are 8 years remaining on the lease.
Following negotiations with the Landlord, Due to the current Pandemic & Temporary inability to trade, to the right applicant with good covenants, we are advised that a Rent Free Period will be granted. This is subject to negotiation, but will reflect the current position.
The Current Rates are £36,000/annum
VIEWING: (unless stated otherwise in lot descriptions)
By Appointment Only - 0208 300 9828
29 Widmore Road