Prime Sheffield Bar & Karaoke Lounge For Sale - Licenced until 3am
Sheffield, South Yorkshire
- Status
FOR SALE
- Date Submitted:
17/01/23
- Advert ID
506485
- Reference
588710 / Rightbiz
- Call Agent:
- Leasehold: £24,995
- Turnover: £91,000 (£1,750 Per week)
- Net Profit: Not Applicable
Business Details
Licenced Trade, Pubs & Clubs For Sale in Sheffield
BAR AND KARAOKE LOUNGE in Sheffield for Sale.A fantastic opportunity to acquire this Sheffield city centre bar and karaoke lounge which occupies a truly prime trading position close to many of the national bar and restaurant brands. The business is licensed until 3am however due to our clients other business interests, currently only operates in limited hours over a three day week - massive potential for working owners to re-establish a profitable business which pre-COVID achieved a weekly turnover in excess of £6,000 (currently taking £1,500 to £2,000). The premises are held on lease and comprise ground floor bar with large dance floor area and DJ booth, bench seating area. Beer cellar and glass wash area. Staircase and lift access to the first floor which includes private karaoke room seating 30 comfortably. Disabled, ladies and gents WC. Staff room, store and office. The premises have the benefit of CCTV throughout.
Stock £4,000 to £5,000.
EPC Band D.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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