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Reference R8602

Wine Bar in Hampshire For Sale

Wine Bar in Hampshire For Sale
Wine Bar in Hampshire For Sale Buy a Wine Bar in Hampshire For Sale Sell a Wine Bar in Hampshire For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, HAMPSHIRE

Turnover 3,000
Price 85,000

Features

Most Attractive well Fitted Wine Bar

We understand the premises have a Restaurant Licence plus Off Licence

Operated as a WINE BAR plus specialising in French Cheeses.

Front area with space for 2 tables & 4 chairs.

ATTRACTIVE WINE BAR with quality laminated strip floor, ceiling with spotlighting. Tables, chairs plus bench seating for 34 persons. ATTRACTIVE RECEPTION BARwith 2 group coffee machine, coffee grinder, shelving, sink.

3 Cloakrooms, 2 wash hand basins

Office

REAR KITCHEN with quarry tiled floor. Fully equipped including double sink & drainer, combination gas oven, 6-burner gas cooker, 1 stainless steel fridge, 2 commercial fridges.

Rear storage area with chest deep freezer, 1 domestic upright deep freezer, 1 domestic fridge/freezer.

Turnover

WE ARE INFORMED the turnover is in the region of 3,000 p.w. in our opinion offering tremendous potential in the right hands. We are further advised that the gross profit is in the region of 70%. We further understand that the sales year ending 30th November, 2017 showed 152,000 net of VAT.

Staff

The business is at present operated by a lady vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

Sunday - 10 a.m. - 4 p.m.
CLOSED MONDAY
Tuesday - 5.45 p.m. - 10 p.m.
Wednesday & Thursday - 11.30 a.m. - 3 p.m. & 5.45 p.m. - 10 p.m.
Friday & Saturday - 10 a.m. - 11 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in January, 2025 at a rental of 26,000 p.a. exclusive of rates up to January, 2020 with rent to be agreed thereafter, however we understand that the rental increase is index linked.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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