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Attractive Bistro Wine Bar

Undisclosed Somerset
Occupying a corner position, residential area, 10 minutes walk from the City Centre, NORTH EAST SOMERSET

ADVERT NUMBER : 47359
ADVERT IMPRESSIONS : 39,318 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Wine Bars
SALE: Agent Sale

LEASEHOLD:

£65000
 

BUSINESS DETAILS:

Features : Full On Licence plus A3 permission for evenings

ATTRACTIVE BISTRO WINE BAR with parquet flooring, wall and ceiling lighting. Tables and chairs providing seating for 16 persons. Bar with refrigerated display unit. 8 bar stools.

Open plan kitchen with stainless steel extractor, electric 4-burner solid top, small double deep fryer, 1 microwave oven, 1 convection mini oven, 1 large convection oven, 1 stainless steel counter fridge, dishwasher, sink with double drainer etc.

Ladies'/disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

Location : Occupying a corner position, residential area, 10 minutes walk from the City Centre, NORTH EAST SOMERSET

Opening Hours : Monday - Saturday inclusive - 10 a.m. - 2.30 p.m. & 6 p.m. - 11 p.m.
NO SUNDAY TRADING
We understand the vendor on occasions undertakes private parties on Sunday, if requested.

Turnover : WE ARE INFORMED the turnover averags £1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 68% approx. We are further advised that the split of turnover is approx. 50% wet sales and 50% catering.

Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 6 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Uniform Business Rates: £2,250 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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