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Rare Chance to Own Established, Popular Bar with Apartment in Long Eaton, Nottinghamshire

Long Eaton, Derbyshire
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This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 1
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 2
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 3
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 4
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 5
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 6
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 7
This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire Photo 8
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This is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a well-established, popular bar in Long Eaton, Nottinghamshire
  • Status

    FOR SALE

  • Date Submitted:

    24/07/23

  • Advert ID

    517050

  • Reference

    449 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £50,000 (Stock at valuation)
  • Turnover: £125,000 (£2,404 Per week)
  • Net Profit: On request

Key Features

  • Retirement Sale
  • Prime Location
  • High Turnover
  • With Car Park
  • Town Centre location
  • Unique Business
  • Adjacent to Multiple Retailers
  • Attractive Business
  • Fully Fitted
  • Potential for Alternative Use
  • Central Position in Affluent Village
  • Established Business
  • Open Plan Trading Area
  • Close to Local Amenities

Business Details

This is a rare opportunity to acquire a well established, popular bar in Long Eaton, Nottinghamshire

This is a rare opportunity to acquire a well-established, hugely popular bar based in Long Eaton, Nottingham. The business is available on a leasehold basis only.

The business is a unique concept that the current vendors have skilfully created! The business operates as a fashionable bar, selling a wide range of alcoholic drinks and light food. The aim of the business is to create a unique atmosphere and a hub for the local community! There are two bars within the premises; the main bar is a working bar area with pumps, etc. serving draft beers, the second bar is in the dartboard area which isn’t currently used, this could be utilised as a cocktail bar working separately from the main area.

The premises has been renovated to a high standard throughout as the current owners have skilfully combined the character features of the building with modern fixtures and fittings. The business is located on a busy road leading into the town and can boast a capacity of 50 customers inside and a further 30 in the outside seating area which incorporates an undercover smoking shelter. There is also a large 2 bed apartment above the bar which is used as living accommodation or can be rented out for an additional revenue source.

The business has been established since 2003 and experienced substantial growth on an annual basis since then. They have built up an excellent reputation in their local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.

·       High footfall and passing trade

·       Prominent Location in the area

·       2 bed apartment included

·       Loyal Customer base

·       Quality premises renovated to a high standard.

·       50 internal covers

·       Outside seating area – 30 covers

·       All Fixtures and fittings included

·       Minimal Overheads (Competitive Lease)

·       Minimal Competition

·       High Turnover - £2,500 - £3,000 (weekly)

·       Huge Potential for further growth and success.

It is with a heavy heart that the current vendors are selling due to retirement. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering/licenced sector or an existing business looking for a lucrative acquisition.

We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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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The data showed regarding this advert 'This is a rare opportunity to acquire a well established, popular bar in Long Eaton, Nottinghamshire - 449 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.