Spacious Wine Bar | | Undisclosed Essex | | We understand the premises are Licensed for 220 persons Stairs to Basement Wine Bar with wood strip floor, ceiling lighting, stage with full lighting. Bar with 3 hand pumps, 5 glass fronted counter fridges, glasswasher, 2 ice machines, 2 sinks. Sofas with tables providing seating up to approx. 60 persons plus ample standing. Ladies' cloakroom with 4 w.c's, 2 wash hand basins Gentlemen's cloakroom with 2 urinals, 2 w.c's, wash hand basin Level kitchen with non-slip floor. The equipment includes 1 6-burner cooker, 1 chip deep fryer, 2 double sinks/drainer, 1 walk-in coldroom, chest deep freeze etc. Storeroom | | ADVERT NUMBER : 17033
ADVERT IMPRESSIONS : 56,899 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Wine Bars | | SALE: | Agent Sale | LEASEHOLD: | £99000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, main road trading position, approx. 10 minutes walk from the sea front, ESSEX.Opening Hours 4 p.m. - 12 midnight six days per week
The business is closed on MondaysTurnover WE ARE INFORMED the turnover averages 5,000 p.w. mainly wet sales, in our opinion offering tremendous potential, especially with additional catering. Gross profit 52% approx.Tenure We understand the premises are held on a secure renewable lease having approx. 22 years unexpired at a rental of 20,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years. We further understand that there is a service charge currently of 450 per quarter.
Uniform Business Rates: 3,500 p.a. approx. + water rates (metered)
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 99,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by 1 of the partners with the assistance of 2 part time staff, disc jockey plus additional part time staff at weekends. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
