Properties

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 Roger’s 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.

Features
Heating System:
Steam
Cooling System:
Central Air
Foundation Type:
Concrete
Heat Fuel Type:
Electric
Exterior Features:
Sidewalk, Door Sign
Flooring:
Wood
Interior Features:
Window Display, Public Restrooms
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Highway Access, Downtown
Water Source:
Public Water Connected
Address Map
Street:
Arch
Street Number:
174
Floor Number:
0
Longitude:
W73° 13′ 3.7”
Latitude:
N41° 39′ 48.4”
MLS Addon
Office Name:
Berkshire Hathaway NE Prop.
Agent Name:
Shy Grahame
List Agent MLSID:
GRAHAMES
List Office MLSID:
BHHS10
Directions:
GPS Friendly
HOA Fee Amount:
$0
Parcel Number:
999999999
Property Tax:
$0

Business For Sale

174 Arch, New Britain, 06051

0 Bedrooms
0 Bathrooms
3,060 Sqft
$100,000
Listing ID #24093673
Basic Details
Property Type :
Business For Sale
Listing Type :
For Sale
Listing ID :
24093673
Price :
$100,000
Bedrooms :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
3,060 Sqft
Year Built :
1906
Lot Area :
0 Acre
City:
New Britain
Zipcode:
06051
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent