Prominent Music Venue in Hanoi for Sale and Rent
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  • Prominent Music Venue in Hanoi for Sale and Rent
For Sale and Rent

Prominent Music Venue in Hanoi for Sale and Rent

Listing Number:

  • 084-24-11-001

Asking Price:

  • USD 105,000

Entertainment Night Club / Disco
Hà Nội City Tây Hồ

Business Details

Current Staff:

  • 10 Full-Time Salaried

Average Monthly Electricity:

  • USD 250

Average Monthly Water:

  • USD 17

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). Period negotiable. Next renewal will be on 1 November 2022

Rent:

  • USD 2,143 per month. Payable annually in advance

Connected Utilities:

  • Power
  • Water
  • Internet
  • Satellite

Stock:

  • Stock at the time of settlement is Included in the asking price

TV:

  • 2 Screen/s. USD 7 per month

Internet:

  • Connected at the cost of USD 34 per month. Wifi Enabled.

Security:

  • USD 250 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This night-club and music venue is located in the Tay Ho area of Hanoi. It is very well-known among the local and expat communities. The building is set over 2 levels, with ample seating for around 300 customers, nearby motorbike parking for 300+ bikes, 2 big screen projectors for sporting events, stage for bands, a large bar and kitchen. It is well setup and looks great. The venue is open for breakfasts and lunches from Friday to Sunday and then opens in the evenings Tuesday to Sunday till the early hours of the morning. The venue is very prominent in the Hanoi music scene and has strong ties with artists, both local and intentional. The current owners will support the new buyer in maintaining the strong bond with the local community and artists. This is a well-known turn-key business that is already established. It just needs a new owner to drive the business to the next level.