Lounge Bar in South Yorkshire For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, South Yorkshire.

Turnover £ 3,500
Price £150,000

Features

Lounge Bar

5 STAR HYGIENE RATING
6 DAYS OPENING
LIVE MUSIC LICENCE
LICENCED FOR 80 PEOPLE

DOUBLE FRONTED PREMISES in the region of 1,985 ft², industrial non-slip floor, Bar with 6 taps, EPOS till, Tables and chairs providing seating for 30 People, CCTV system (5 cameras, 1 monitor)

Kitchen with Oven & microwave oven

Mezzanine area with Seating for 10 people

Baasement in the region of 940 ft² with;

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..
Office.
Stock room..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx. (NO PLATFORMS)

31 AUGUST 2025, Sales 139,644, GP 70,539

Staff

The business is at present operated by the vendor with 1 full time & 1 part time staff + 5 casual staff.

Trading Hours

7 Day week
MONDAY - 11am - 11.30 pm
FRIDAY & SATURDAY 11 - 2.30am
SUNDAY 11am - 6.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £18,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote