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New Britain
06051
06051
W73° 13' 3.5''
N41° 39' 47.5''
Contact Info
Shy Grahame
3057419
Property Description

New to the market – The Old Club Lido in New Britain, CT. Business Only – Bar for Sale (No Real Estate): Incredible opportunity to lease and operate a bar in prime Downtown New Britain, located at 174 Arch St-just two blocks from The Hospital of Central Connecticut and Walnut Hill Park. This business is situated in a historic 4-story, 12-unit mixed-use building with strong foot traffic and includes two retail storefronts, one of which is home to Rogers Auto Body. The building is slated for upcoming renovations of all residential units above the bar. Sale includes all equipment, materials, alcohol inventory, vendor contacts, 30 bar stools, 2 couches, a table, full kitchen, 8 TVs (4 in bar, 4 in pool room), Paradigm credit service machines (hardwired), and 20 parking spaces. Pool tables are leased with a 50/50 revenue split. Owner will release their liquor license; buyer must secure their own if they intend to serve alcohol. No financials available; this is a cash-for-keys sale sold strictly as-is with no warranties on equipment. Owner will any requested inspections or due diligence before acquiring the space. Owner pays cold water 21.11/mo. Gas bill averages to 113/mo. Dumpsters are included with the lease. Owner is willing to stay on temporarily for support for the new owner. Once a LOI is submitted, the owner will negotiate the terms of the lease. Asking 2,000/month with a 5-year minimum.

174 Arch Street

New Britain, Connecticut 06051, United States

$100,000
Listing ID#125176
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Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 125176
Ref ID : 404171845
Price : $100,000
MLS : 24093673
Office ID : CT301-011
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Agent info
Shy Grahame
New England Properties
New England Properties
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