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viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages in the region of £4,000/£5,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional catering. (We understand the split of turnover is approx. 80% wet sales and 20% catering).
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS WINE/COCKTAIL BAR in the region of 1,500/1,600 sq. ft. refurbished in May, 2006. Air conditioning. Wall and ceiling lighting. Tables, chairs, bar stools plus sofas. We understand the premises are licensed for up to 200 persons. Long bar with approx. 17 hand pumps, optics, 4 double door glass fronted counter fridges.
Ladies' cloakroom with 4 w.c's, 4 wash hand basins
Gentlemen's cloakroom with urinal, 2 w.c's, 2 wash hand basins
Level kitchen with non-slip floor. The equipment includes 6-burner gas cooker, 2 deep fryers, 3 stainless steel tables, double sink and drainer.
Ground floor beer cellar
Bottle store
Additional store area with ice machine
Staff
The business is at present operated by a lady vendor with the assistance of a manageress plus 3 full time staff.
The accommodation with FULL GAS FIRED CENTRAL HEATING comprises:
2 Double Bedrooms plus office or 3rd bedroom
Bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge
Kitchen
Outside
Large rear patio area with decking
Tenure
We understand the premises are held on a secure renewable Brewery lease having approximately 17 years unexpired at a rental of £31,850 p.a. plus Vat exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years. (We understand the business is tied for beers including bottle beers).